Quote:
Originally Posted by Mrs. Robinson
The real fact of life is that your house probably won't be shown by any agent if you list at 4% commission!
4% commission means that 2% will go to the selling agent and 2% would go to the listing agent.
There is no Realtor that would take your listing based on the 4% you want to pay.
Don't forget -- listing and selling properties is how an agent earns a living.
You will be better off doing your own market analysis, doing your own open houses, paying for ads in the newspaper, paying for an attorney to write up your contract, write your title insurance, etc.
If you think Realtors just sit in their office with their hand out and the commissions just flow through their fingers, you are sadly mistaken.
How did you come up with this 4%, anyway???
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I lived in Montgomery County Md in 1978(Wash DC suburb) A large number of realtors were convicted of a felony (agreement in restraint of trade) because they discussed together what they would charge as commissions etc. at a Realtors assn meeting.