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

insurance agents do not make that much individually.. but htey have a huge book of business when they are doing well which gives them a great income. I like having a personalo gent so I have someone to talk to.. and my rates are on par with geico and progressive who so not give a crap about you. My agent will let me borrow his car if i really needed it!!!!!!!!
 
Quote from aegis:

Agent or no agent, the price is the same. I just can't figure out what an insurance agent actually does.
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gmac insurance. all online. no agent. cheapest i have found for both home and car.
 
Commisions are split four seperate ways in a transaction with two agents. (Two agents and two brokers) It's a lot added up but it's not going to make somebody rich especially after advertising, MLS fees and factoring in the agents time. In a crappy market like this, advertising fees can get astronomical.
 
I am not talking about the stand point of being an agent and gettign rich.. I am talking about taking money from people who bought a house and owned it for 30 years .. just to give 3 % of it away in fees.. .. I am against the agents.. i do not care who gets rich .. but i do care that realtors or brokerage companies of realty make way too much in fees..
 
Quote from limitupmike:

I am not talking about the stand point of being an agent and gettign rich.. I am talking about taking money from people who bought a house and owned it for 30 years .. just to give 3 % of it away in fees.. .. I am against the agents.. i do not care who gets rich .. but i do care that realtors or brokerage companies of realty make way too much in fees..
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nothing stopping you from selling it on your own and saving those fees. i have sold all of my houses fsbo.
there are companies that will let you list on mls for a flat fee.
 
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