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re: How do realtors get paid?

Posted on 10/18/16 at 10:09 am to
Posted by herbstreit4
Buckeye Lake
Member since Dec 2007
1710 posts
Posted on 10/18/16 at 10:09 am to
I flip 1 or 2 houses a year. I always do FSBO. Have never had to sit on a property for longer then a month and always get real close to asking price. Buyer normally comes with an agent that does all the contract and leg work and only cost me 3% instead of 6. Had last property listed for 228k and got 225k..but did pay 3k of buyer closing cost. Saved me over 6k on commissions
Posted by notiger1997
Metairie
Member since May 2009
59292 posts
Posted on 10/18/16 at 10:18 am to
Yeah we did FSBO in our last sale. It was super easy and we made out well with the sale. Of course we were in a high demand area so that helped.
In negative was the few airhead female realtors who came in with low ball offers and tried to back it up with shitty comps
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