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Real Estate
Reply to "Does it really cost $60k to sell a house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]^what other sales-style industry have price-fixing like rules like NAR’s buyer broker commission rule? Give me a break. Realtors are on borrowed time. They need to charge hourly, and the buyer has to pay them separately from the price of the house. I can’t wait for NAR to go down in flames and buying and selling becomes easier[/quote] Right on. The percent based fee is outrageous. One agent gets 30k for selling a typical house in this area. Don’t know how it is split up between the agent and their bosses, but they only work like 10-20 hours to sell a house.[/quote] Sounds like you’ve discovered a great business opportunity where you can earn $30,000 / 20 hours = $1,500 per hour! That’s $1,500 x 40 hours per week x 50 weeks per year = $3 million per year – wow! Before anyone else finds out about this fantastic opportunity, go get your realtor’s license ASAP and please report back to us in 12 months on all the millions you’ve made. Deal?[/quote]
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