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Message: <blockquote data-quote="shigman" data-source="post: 1996118" data-attributes="member: 57792"><p>It isn't 12% though.  If you buy a house without selling a house....example your first house.  You pay nothing to the relator at all (at least in Texas), the seller of the house you buy pays 6%.  Let say you have a 200K dollar house and win the lottery, sell your 200K house and buy a 10 million dollar house.  You pay the 6% on the 200K and nothing on the 10 million.  The seller of the 10 million dollar house pays 6% and splits it with your relator that sold your 200K house because they also helped you buy the 10 million dollar house (house showings, negotiations, and paperwork).  My wifes last clients, she wasn't involved with the selling of a previous house only the purchase of a new one.  She got a little under 3% paid out of the sellers 6%.</p></blockquote><p></p>