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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (855005)5/7/2015 2:16:09 PM
From: Tenchusatsu  Read Replies (3) of 1587009
 
Inode,
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.
I don't think the commission is 6% in all cases here in the Bay Area.

Remember the "sit on the couch" agent that was showing the open house across the street from me? I'm guessing that was one of the "discount agents" who works for 3%.

The agents who get 6% are the really exceptional ones. I've seen a few. Such as one who was selling a 1,100 ft2 home in Palo Alto for $1.5M. This is the kind of agent that can convince a buyer that living a mile away from Mark Zuckerberg is worth it.

Tenchusatsu
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