Talk of The Villages Florida - View Single Post - Why are newer homes being sold?
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Old 07-28-2024, 11:35 AM
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Default Real Estate Commission

Quote:
Originally Posted by RoseyRed View Post
wondering if higher sell price is to account for closing expenses and the realestate commisson. Thank YOU!
Real estate commissions do increase sales prices. A Seller wants 500,000, but list it for 530,000 to cover commission costs. When it sells comps for the neighborhood go up etc. It looks like the tide is turning though as the market becomes more competitive with newer rules and increased FSBO activity. Many websites are now selling and listing homes on MLS for a $99 dollar fee. It’s becoming a madhouse in the market.
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