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Reply to "What commonly known thing did you learn at an embarrassingly older age?"
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[quote=Anonymous][quote=Anonymous]I've bought and sold several houses, am an intelligent person, manage other complex transactions and I still to this day do not understand real estate agent commissions and how the buyer/seller agent % work. When I try to negotiate them, I talk the fee down but don't understand the relationship between the two. It's like my brain just shuts down any time it is explained to me.[/quote] Because it doesn't make sense. The agent is supposed to represent you and the seller but gets a percentage of the selling price. Obviously, that's a conflict of interest.[/quote]
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