Talk of The Villages Florida - View Single Post - NAR - Much ado about nothing? Realtor's Commissions.
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Old 04-02-2024, 01:52 PM
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JMintzer JMintzer is offline
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Quote:
Originally Posted by retiredguy123 View Post
I don't understand your math. How can the seller save $11,000 and the buyer save $12,000? That is $23,000, but a 6 percent commission would be $24,000. Where do you get the additional $12,000 to pay a 3 percent commission?

Also, it seems as though your premise is that real estate agents are pretty worthless at selling houses at higher prices, so that they do not earn their commission. If I believed that, I would never hire an agent.
You missed the part where the inspector (who normally gets $500) also lists the home (and then gets another $500). Both paid for by the seller...
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