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Reply to "Sellers, pls stop offering pay buyer's agent commission! "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't see any valid point in few back pages that justifies any commission more than 1% to agents. That's what people in Europe have been doing for decades. Not sure when it got so crazy in US that people started offering 6%. [/quote] It’s hard to get rid of “accepted” business practices. For example, you want a plumber to come to your house for any reason, that’s going to be a charge. Even if you plan a bathroom remodel and want an estimate…you still pay for the time. I am sure if you call 20 plumbers, maybe one agrees to a free estimate. Every other contractor will show up for free and give you an estimate. Why? Don’t know…but it’s always been that way.[/quote] It’s because mortgages are way more accessible and cheaper in the US vs Europe. So there is a whole list of moochers benefiting from inflated costs of selling, buying, closing etc . Read what agents above told “just roll it into your mortgage”! [/quote]
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