Pay More Commission, Net More Money? Yup, That’s the Idea Actually, the blog headline (above) was supposed to be a rhetorical question. But, if you’re dubious, here’s the math: Scenario #1: $300k less 5.5% commission = $283,500 Scenario #2: $310k less 7% commission = $288,300 Difference: almost $5k. “The Way to Bet” Of course,...Read More
Memo to Sellers Lots of Sellers, in lieu of reducing a too-high asking price, are instead directing their agents to tell prospective Buyers that “the [asking] price is negotiable.” Here’s a news flash: they already know. In the vast majority of these cases, the issue isn’t that no offers are coming in — low, high,...Read More
