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- Dec 10, 2012
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They're like bookies- they get a cut regardless of which way the transaction goes, so I'm sure they're counting buying and selling.We used a fixed fee realtor to sell our place which was like $5K maybe then used him on the buy side as well. I wonder if these numbers realtors tout are for both sides of the process or just the sales process?
As an aside, I am currently involved in selling a house- we fully prepped the house, then the agent took pictures and listed it. We did so at the highest price of his recommended range. We had 2 offers in less than a day, both 11k over listing, and were under contract less than 36 hours after listing. I'm sure he'll be doing more to earn his commission between now and closing in 4 weeks, but this was a lucrative transaction for him, even at the "friends and family" rate of 4%.