Subject: Re: NAR settles realtor lawsuit
From what I've read, even in the US, the commissions are very much negotiated on the *really* expensive places.
Nobody selling a place for $10m would pay a lot over 1%, maybe 1.5%. Or so I've heard.

I don't rub shoulders with the 10 million crowd much, but I've seen a good number of the 4 million $ houses go with a 6% commission. One offered 2.5% to the buyer's agent but gave 3.0% to the listing broker. I tried unsuccessfully to get her to dump some of the riches of her very good year into BRK prior to the recent run-up.