Q: If You Save $2k Commission, But Get $10k Less for Your House . . . Do You Come Out Ahead?

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,...
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"Asking Price is Negotiable"

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,...
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