This is my issue with the fee charged by the real estate agents. I will use a simple example. I know the numbers are not exact but they are semi-valid rough estimates based on the full real estate fees charged.
My house is appraised at $500,000 and sells at the amount. Then the real estate fees are about $20,000. So I have $480,000 to buy a house. The price of the $480,000 house has real estate fees of about $20,000 as well. So then I am getting $460,000 worth of house.
So with that very rough example. I am down $40,000 just for wanting to move.
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