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Reply to "Biden admin going after realtors! "
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[quote=Anonymous][quote=Anonymous]We are selling my parents house in a wealthy New York suburb. The listing agent is 1% and they buyer agent is 5%. [b]The agent told us... it is networking that brings the buyer.[/b] The buyer agent gets more. [/quote] If "networking" brings the buyer (which can be one factor) then why the 5% incentive when the already inflated standard buyer commission is [i]half[/i] that? If anything the seller with the network of buyers would receive more compensation, because you are paying for a network. [/quote]
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