shigman
FRF Addict
Yeah i mean if 6% is baked in, then it’s baked in to both the house you’re selling and the one you’re buying nulling it out so to speak. Assuming the house you’re buying is the same price as the one you’re selling.
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I don't think the 6% is baked in.It’s baked into the price of the new home. In others words, if the commission was 0 you could buy the house for 6% less. So, yes you are paying 12%
What’s wrong with this? if you feel like it’s unfair, start a different system that’s better and less expensive.Realtors are agents selling access to the MLS book. If we want to lower home ownership costs, start here.
I have a different opinion. I am not a realtor, do not work in the real estate or associated businesses, but I do casually know some who do.My question to you is, Where do all the websites get the information that Bettie’s house is for sale? Hint, it’s three letters _ _ _
It’s a clear cut monopoly, IMO.
If you want to be on MLS you gotta use an agent. There was a recent class action suit against National Association of Realtors about commissions. It's the larger brokerages that colluded to inflate commissions and they lost. So, commissions may go away. Who knows.My question to you is, Where do all the websites get the information that Bettie’s house is for sale? Hint, it’s three letters _ _ _
It’s a clear cut monopoly, IMO.