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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (855024)5/7/2015 2:20:45 PM
From: i-node  Read Replies (1) | Respond to of 1575608
 
>> The agents who get 6% are the really exceptional ones.

I haven't bought or sold a house in 20 years so the current practices in the real estate business aren't something I'm that familiar with. It may be the six percent is already on the way out; but I'd read an article recently that talked about it as though it were still very much present tense.

There used to be a saying amongst realtors -- "If you don't list, you don't last..." referring to the need to get the listing dollars. It is easy money once you get the listing but agents did have to work hard for them sometimes.

I don't know, I've just never felt like realtors earn their money. It may just be me.



To: Tenchusatsu who wrote (855024)5/7/2015 2:54:39 PM
From: bentway  Respond to of 1575608
 
Usually, unless they're the same person, the buyer's and seller's agents split the 6%.



To: Tenchusatsu who wrote (855024)5/8/2015 5:36:26 PM
From: Tenchusatsu  Respond to of 1575608
 
Inode (and Ted for that matter), just FYI, my agent informed me of a 1,500 ft2 house in Palo Alto which would have gone on the market last year for $1.8M.

This year it was listed for $2.3M. It sold for $2.9M.

Yeah, people are willing to pay that much just to be within walking distance of Mark Zuckerberg (and the Jobs family).

Tenchusatsu