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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MJ who wrote (14516)10/25/2003 1:14:29 PM
From: TradeliteRead Replies (2) of 306849
 
<<3% to the buyers agent and 3% to the sellers agent. Translated to a year-------that is $2.400,000.00.>>

Reality check time again.

Not all of that goes to the "buyer and seller agents" involved. You do know that don't you? The brokerage firms involved have to pay the office rent/agent training expenses/etc. to stay in business and be successful enough so that people like you will have a reason to seek out their help when it's time to buy or sell your home.

And do you also know that it can take just as much time and even more paperwork to sell a $200K condo as it does an 800K house?
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