Quote:
Originally Posted by JustAnotherGuy
LOL Seller pays the commission. LOL
Um, where does the money come from that the Seller is using to pay the commission? LOL From the guy who who is buying the house. Come on. Call it what you want but the buyer is still paying money for the commission when he buys the house.
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Then to turn it around like that, the guy who bought your house is the one who paid the first comission then.
Either way, as somebody buying and selling, you are only paying one comission. Yes, at some point along the transactions, $40K goes to realtors. But you don't lose $40K just by moving; just $20K.
Also, it's not like the seller can up the price to make the buyer pay the comission. If my house ill sell right now for $335K, I can't list it for $345K to make up for what the realtors make; because it won't sell for that higher amount.