Anyone out there think 5% realtor fee is way too high?

[murray t turtle]

Quote from limitupmike:

Seriously why do realtors get 5 % commission.

They do not do much to sell the house. Throw up an add on the computer and show it to a few people... hilarious. How much money was spent on the realtors fees during the housing bubble.. such a crock.. the fees should be more in line with funds.. .8-1.2 percent max..
Seriously.. why is it that the "biggest" asset you will ever buy has the biggest fees?

anyone else want to rant about this?

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Well great thing about free enterprize,LMike;
you can get the prize if you sell it yourself


Not a REALTOR, but use one more often than not;
have sold my property myself also.

You forget $4.00 per gallon gas, and ads,;
and ever shown a house of your own to multitudes of lookers?? Not the kind that steal your stuff, the honest ''lookers''

And ulness its non MLS;
that MLS, 5-7%/+, gets split 2 or 4 ways...............................

 

[brocklanders]

Quote from aegis:

I just can't figure out what an insurance agent actually does.

All they do is sell. Every time I go into my insurance agent's office there is some new pitch. Last year around the middle of Sept my agent called up and tried to get me to buy some stock mutual funds for _only_ a 5% front end fee! I almost laughed out loud. Wow, what a deal... i passed. The last time was a cashback credit card...

 

[Lucrum]

Quote from limitupmike:

Anyone out there think 5% Realtor fee is way too high?

Yes

 

[brownsfan019]

Quote from aegis:
Get rid of the agents and decrease the price. I'd rather just go directly to the insurance company. Why do I need an agent?

So do that then - there are ins companies w/o the middle men involved.