Quote:
Originally Posted by ken0042
I would also argue against putting the value into a "per hour" basis. First of all, some realtors put more money into marketing your house. Secondly I would rather have my house sold fast and without issues than to have my realtor "earn his money" by spending weeks or months selling my house.
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Yeah, I had a realtor sell a place for $10k more than my very educated opinion of what it was worth (based on sales in the same complex) in 1 day without an mls listing. I paid the full commission, and she probably put in 2-5 hours of work, so the hourly rate would be well into the four figures.
But I received huge value that well outweighed the cost of the service.
Rule of thumb: Price is what you pay, value is what you get.