Quote:
Originally Posted by Bay Kid
Agents do not tack on a commission. They give a seller a cma which will have a range of value for the home. The seller picks the value they desire and a commission is negotiated at the time of listing. The buyer agent split is included and understood at this time. Most sellers want their agent to find the buyer. There is much upfront cost, advertising, etc. Contrary to what most people believe most agents only make a modest living.
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The agent, may make a modest living, but the real estate “AGENCY “ does very well for itself. Flat rates instead of percentages would be more fair for everyone. Not 60k for selling a million dollar home in a month.