re: National Association of Realtors agrees to end 6% commissions

quote:

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Why do you feel $15k is reasonable renumeration to sell a $200k house?

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I am not. I just using values as examples.

I guess I should have enumerated it out to a million.


15k closing on a million dollar home would be 1.5%.


I was just trying to illustrate if let’s say realtors treated each transaction equally and collected a fixed rate how it would affect lower priced homes more than more expensive homes. Although, a million dollar home at 6% is crazy for a 60k fee.