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Real Estate
Reply to "New Commission -3%"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Who would want to be a realtor anymore?[/quote] 1% of $1,000,000 is still $10,000! After a split with the broker (assume 75%), you do 1-2 a month and you can make $100,000 a year with a job that only requires a high school diploma. Being an agent is about networking and who you know, not what you know. - former agent[/quote] This. As much as real estate agents and their fees annoy me, I recognize that our society still needs to find ways to employ the less educated. Otherwise we'll get a collection of underemployed morons storming the capitol again. [/quote] PP here (former agent). I think it shouldn't be a % but rather a flat fee. It seems unfair that you can live comfortably in DC selling millions of dollars of houses but in Appalachia there is very little money to be had. And arguably, it's the same amount of work put in either location. [/quote] I like this idea. Also arguably (I don't know but maybe you have experience), some of the cheaper houses in this area are harder to sell and require the most effort, because they're in an undesirable location or need a lot of work.[/quote]
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