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To: thegagline

In these parts, seven percent commission.

Half to seller’s agency.
Half to buyer’s agency.

Agencies typically split 50/50 agency/agent.

So each agent ends up with 1 1/2%.


9 posted on 08/17/2023 4:11:28 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: lightman

Your home page says you are in Pennsylvania. That 7% was common where I lived near Albany, NY.

In the DC area, the rate was about 6% in the early 1990s.

I would probably refuse to pay more than 3% here in booming Florida. Things are slowing some so it might be 4% in the future.

“Agencies typically split 50/50 agency/agent.”

I’ve never thought that was justified.


12 posted on 08/17/2023 4:22:47 PM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: lightman

So, 10% to the big guy?
1 1/2% x 4 = 6%


20 posted on 08/17/2023 6:36:48 PM PDT by Fireone (Who killed Obama's chef?)
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To: lightman

50% to the broker. Wow. I’m in the wrong area. we get 20-10 based on the experience of the agent and how long they have been with us. Need more training we take 20%, less 10. we don;t jhave an office. Work out of home and car.


28 posted on 08/17/2023 7:20:38 PM PDT by coalminersson
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