Quote:
Originally Posted by Normal
That should be true in certain markets, but most houses aren’t selling above asking right now. The same house would need to sell at the asking of 400k before closing costs from the title company. If the realtor contracted for 6%, it would cost an additional 4k.
In January 2024 only 5 sold above asking. 58 sold below asking.
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I agree that the market conditions determine the value of an agent. I once sold a condo as a FSBO because I didn't think an agent could do any better than me. Unlike most people, I won't sign a boilerplate listing contract. I negotiate with the broker as to their commission, their pricing plan, and their marketing plan. I have a lot of skills, but salesmanship is not one of them. A lot of people who think they can sell their house as a FSBO are proven wrong.