Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
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Old 12-02-2023, 01:42 PM
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Quote:
Originally Posted by retiredguy123 View Post
Who cares? As a buyer, you don't pay any commission. "The Properties of the Villages" is the broker, and they can pay their agents whatever they want.
Doesn’t the buyer always pay the cost of the real estate sale. The price is jacked to cover the costs. If a seller wants 500k, they ask 525 k to pay the realtor. Who paid the 525k? Where do you think that extra 5% goes?

On the flip side. We have a bond we intend to pay off once all the paperwork is done. The bond insures the latest in building techniques, amenities, updates and new everything.
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