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Reply to "New Commission -3%"
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[quote=Anonymous]FWIW, DH and I have been buying and selling residential real estate for 20 years now. Even back then the commission is negotiable. We alway pay 4.5%. 3% goes to the buyer’s agent/agency and 1.5% to my agent to split w his agency. He worked as an independent under a listing agency. He essentially takes b/t 0.5-0.75% per transaction. He doesn’t advertise and has a pretty extensive inventor client list that buys/sells both residential and commercial properties. He makes a great living and we have done well with him through the various up-and-down markets. [/quote]
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