To: durasell
Bankers and Lawyers don’t take a percent of the home. Bankers take a percent of the money. But if you use it to buy a $500,000 home or a $1 million home they don’t charge any different as long as you have the collateral. Lawyers just charge a fixed fee. Why pay a realitor more just because you have an expensive house. They do no more work and they tend to lower the price at the drop of a hat.
103 posted on
08/22/2007 7:06:27 PM PDT by
poinq
To: poinq
104 posted on
08/22/2007 7:08:19 PM PDT by
durasell
(!)
To: poinq
Realtors don’t drop prices, the owner does, unless they’re weak and get run over by some spark plug.
To: poinq
Think of it at the flip side. I see it in the loan business too. Yes, we make more on bigger loans - it’s the only way things even out...because we don’t make jack sh*t on a $19,000 home equity loan.
The same is true for realtors. Now, if you want to argue there should be a point where the 6% caps off at a max flat rate, fine...but that’s another story.
113 posted on
08/22/2007 8:31:26 PM PDT by
RockinRight
(Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
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