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Real Estate
Reply to "Agents Paid Hourly Rates"
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[quote=Anonymous][quote=Anonymous]We bought using an hourly realtor (Spicer Realty). You can save a ton of money if you're buying a more expensive house (particularly in the $1mn plus range. Yes, you pay a lot to get taken to showings and stuff, but we still got a large rebate (enough to furnish 3 bedrooms of our house) since they don't take the full 3%. [/quote] Is this how it works? Say you buy a $1M house and the agent gets $30,000. Do they take their $200 fee for writing the contact from that commission and you get the rest or do you have to pay them when they write the contract? [/quote]
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