Talk of The Villages Florida - View Single Post - RE commissions from selling a house in MA
View Single Post
 
Old 07-11-2025, 05:06 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,846
Thanks: 14,285
Thanked 5,090 Times in 1,947 Posts
Default

Quote:
Originally Posted by CoachKandSportsguy View Post
Will be selling our primary home without a realtor when ready to move. .
I first did that in 1972 when I was leaving Rochester, NY for NM. One small four line weekend ad in the local rag, which cost a small fortune as it was owned by Gannett, did the trick. I was leaving Kodak and the buyer was just hired by Xerox. We closed in the courthouse. I later sold my parent's house to their neighbor who wanted it for his daughter. Over the years I bought directly from a couple of owners but usually listed houses for sale with the best local companies. It depended on market conditions.

In 1976 because it was a piece of cake to do so I obtained a NM RE broker's license which I finally gave up when the pandemic hit in 2020 as the continuing education program was becoming more time consuming and I very, very rarely used the license. Always paid for E&O insurance, though. Many if not most commercial RE investors hold broker's licenses as it can help lower the cost of buying via commission sharing and similarly for selling by co-llsting with an active broker.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine