Talk of The Villages Florida - View Single Post - NAR - Much ado about nothing? Realtor's Commissions.
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Old 04-04-2024, 10:19 AM
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Perhaps a law needs passed that caps realtor costs? It would eliminate the egregious amounts and or charges on the scale below.

100,000 sale real estate agent gets 6,000 dollars

200,000 sale real estate agent gets 12,000 dollars

300,000 sale real estate agent gets 18,000 dollars

400,000 sale real estate agent gets 24,000 dollars

500,000 sale real estate agent gets 30,000 dollars

Etc.

Instead, sell a home, get a 1,000. Just eliminate the crazy windfall amounts based on percentages that have nothing to do with effort.
The 1 k would reimburse the agent for gas and any hourly charges for effort placed into the sale. In some cases that would be 400 dollars an hour, in others, 50 dollars an hour.
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Last edited by Normal; 04-04-2024 at 10:30 AM.