BiggerPockets

I'm not a fan of seller's agents, generally. Most of them have no idea what they are doing and therefore don't do anything to warrant receiving 6% (or 3%) which is a lot of money in high priced markets. A good buyer's agent is different though. They, or at least mine, earn their money.

If the question in this bulletin was more specific as to HOW you used your agent and if it was financially beneficial, then we could have an entirely different discussion.

Listings used to be 7% 15-20 years ago ... came down to 6% last 10-15 years .... the amount of real estate information available to the public has gone up 100 fold in the last decade --- this coupled with the ever-increasing # of discount brokerages should push this number even lower

In my area there is a huge difference in the two types of agents. 1) The listing agent- all they do is put it on MLS and sit back. 2) Selling agent- they "try" to sell. But either way, the commission comes into play. My questions- Does your Realtor earn their commission?

NAR advertises all the time that listings by agnets deliver a higher sell price on average over FSBO. What they ALWAYS fail to mention is the net! They seem to gorget that the FSBO saved at least 3%, if not 6%! I just sold a home using a flat rate MLS service and saved 3% less the flat rate fee which was under $200 on a $480k listing! Can you say cha ching!