Post #278 by bacon on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

Unthreaded | Threaded | Whole Thread (3)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

I don't think things will change that much....

I tend to agree, at least for the consumer who sells or buys a house because he's relocating pursuant to a job change or retirement or the like. I never worried about the commission percentage so long as it wasn't out of line with "common practice," which seemed small to me compared to what I was laying out for the house purchase price. It also was a one-off payment; it was the monthly mortgage payment, and at one point the escrow payment added onto the mortgage payment, that concerned me.

Of course, the commission percentage will matter to folks who buy and sell real estate for a living. For them, that commission percentage cuts a significant fraction of their profit, and it adds up pretty quickly.

Eric Hines

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (3)

Prev | Next

Announcements

Macroeconomic Trends and Risks FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.