Quote:
Originally Posted by guzzy
7% on the first $100,000 and 3.5% for everything above that. On $500,000 it works out to $21,000.
I am not saying all realtors are bad, I just think their commission is ridiculous for the amount of work they do. I don't think using welist would be easy. It realtors were paid by the hour they would be the wealthiest people around.
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Obviously it is different from realtor to realtor and city to city. In Lethbridge the realtor's take 5%. My realtor is taking 4% and he'll only take 3% if he sells the house.