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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (855005)5/7/2015 2:54:11 PM
From: PKRBKR1 Recommendation

Recommended By
i-node

   of 1575981
 
OTOH, 6% of a very expensive property is a lot of dough. I think we'll rapidly see that drop to 3%. It never made sense to me that the listing agent gets paid half because they honestly don't do shit in most cases. I think the Internet based services will kill the 6% commission once and for all.

Commissions are negotiable and they dropped precipitously AB (After Barak.) They are now getting back closer to 6% in the Bay Area. I thought the internet would have made a huge dent too and AB was the perfect opportunity. The additional regs AB have so complicated the process with documentation that most untrained transactors wouldn't have a clue how to close the deal.
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