Re:A National War on Realtors Is Gaining Steam After $1.8B C...
by WirelessGigabit on Friday December 15, 2023 @12:46PM
(#38656556)
Looking around it seems that most houses here are sold with a 5% realtor fee.
This means that the seller immediately bumps up their price by 5%, because they have an idea in mind of with how much money they want to walk away with.
And then there is the issue of when a buyer choses not to use an agent, which makes the seller's agent pocket the WHOLE commission. It's not that the seller only pays 2.5%. It's not that the buyer get's the 50% of the commission.
The only person who is eligible for the other part of the commission is someone who is part of the same cult.
This means that the seller immediately bumps up their price by 5%, because they have an idea in mind of with how much money they want to walk away with.
And then there is the issue of when a buyer choses not to use an agent, which makes the seller's agent pocket the WHOLE commission. It's not that the seller only pays 2.5%. It's not that the buyer get's the 50% of the commission.
The only person who is eligible for the other part of the commission is someone who is part of the same cult.