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mansoor1980

mansoor1980

Member
Kilau said:
Click to expand...

748d5ca49d2f98c03b6c8272bb1b27ca.gif
 
DeepEnigma

DeepEnigma

Gold Member
EviLore said:
Click to expand...

If it were only so simple. That would also be a $3,000,000 home on that take. Another thing that isn't a dime a dozen for your average realtor in reality.

Realtors are bombarded with thousands a year in board and continued education fees, whether they sell a home or not to keep their license current and up to date. That's not included dues and the like to hang your license with a brokerage which is also required for your business.

This also doesn't include paying for advertising, leads, etc..

The lawyers and their 40% on average take with a bogus lawsuit, however...

😫👌
 
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AJUMP23

AJUMP23

Parody of actual AJUMP23
DeepEnigma said:
A standard rate is 3-5% which is usually split down the middle for the listing agent and selling agent. Less than 5% is the overwhelming average (2.5% or less each side).
Click to expand...
I was going on 6%. And I understand that normally gets split. We can say commission for that one would be a 1.8 million dollar home.
 
DeepEnigma

DeepEnigma

Gold Member
AJUMP23 said:
I was going on 6%. And I understand that normally gets split. We can say commission for that one would be a 1.8 million dollar home.
Click to expand...
Less than 8% ever get 6% on national average. The average is 3 to 5. Any home over $1m, you are lucky to even see 5%. Most of those larger dollar homes are in the 1.5% either side territory (3 to 4%). A unicorn is 6% or even 5% on a $1m plus home, and even then, a lot of those homes are estate equity that have lawyers involved for title and their take is laughable in comparison. Brokerage fees and lawyer drawn title typically is anywhere from 10% to 40% of the commission.

So if you sell a $100,000 home at 5% which is most average in that price range, that is $2,500 per agent, not counting brokerage fees (the broker's cut and/or national brand franchise cut), time spent showing homes (gas isn't cheap), advertising (even more expensive), etc..

Lawyers are the ones making bank, but nobody ever brings up their 30%-40% or more on average fees. They will continue to attack the largest middle class base, which are realtors and mid-range homeowners.
 
AJUMP23

AJUMP23

Parody of actual AJUMP23
DeepEnigma said:
Less than 8% ever get 6% on national average. The average is 3 to 5. Any home over $1m, you are lucky to even see 5%. Most of those larger dollar homes are in the 1.5% either side territory (3 to 4%). A unicorn is 6% or even 5% on a $1m plus home, and even then, a lot of those homes are estate equity that have lawyers involved for title and their take is laughable in comparison. Brokerage fees and lawyer drawn title typically is anywhere from 10% to 40% of the commission.

So if you sell a $100,000 home at 5% which is most average in that price range, that is $2,500 per agent, not counting brokerage fees (the broker's cut and/or national brand franchise cut), time spent showing homes (gas isn't cheap), advertising (even more expensive), etc..

Lawyers are the ones making bank, but nobody ever brings up their 30%-40% or more on average fees. They will continue to attack the largest middle class base, which are realtors and mid-range homeowners.
Click to expand...

I had a friend over the past couple of years and she was only doing 2% as the onsite agent for a development community, and she was taking home half a mil a year because of how good the market was/is.
 
DeepEnigma

DeepEnigma

Gold Member
AJUMP23 said:
I had a friend over the past couple of years and she was only doing 2% as the onsite agent for a development community, and she was taking home half a mil a year because of how good the market was/is.
Click to expand...
The market was absolutely amazing under mean tweets. It's very soft now (horrendous for lower class) and we may be facing another crash. All by fucking [see: socialism charged] design.
 
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