Value versus dollar of a Realtor
I loved this thread. The original post was spot on, and correct. I haven't paid a full commission for a house in 20 years (16 houses). The last house I sold (2020), I paid only 2% to the buyers agent for finding the buyer. I listed that house for $395K and sold it in 3 days for $402K. The best agent I have ever used, was as a buyer(2021), and she was wonderful. She treated the wife and I to lunch after we took possession. And I showed my appreciation by handing her $500 in cash for a job well done. But in general, I think the average Real Estate agent has the mental ability of a new cars salesman. After all in a lot of States there is only an 80 hours training course required for licensing. I have even collected the 3% Buyers commission included in the original Sellers contract, as a non Realtor private individual. I bucked the system for 20 years and had a lot of fun and rewards.
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