Comments on: History of the 6 Percent Commission http://www.therealestatebloggers.com/2006/02/25/history-of-the-6-percent-commission/ Real Estate Blog, Mortgage, and Development News Sat, 13 Mar 2010 07:25:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: J.J. Gambino http://www.therealestatebloggers.com/2006/02/25/history-of-the-6-percent-commission/comment-page-1/#comment-416066 J.J. Gambino Wed, 10 Mar 2010 21:49:05 +0000 http://therealestatebloggers.com/2006/02/25/history-of-the-6-percent-commission/#comment-416066 The real estate fee of 6% is the most deceptive pricing method in the world. Only 30% of homeowners have no mortgages. The rest of us have an equity according to the Federal Reserve Bank on average of 29% of our homes. This means that homeowners are paying a commission of over %20% of their equity to sell through a Realtor. This is outrageous considering the minimal risk and effort a Realtor invests in a sale. Its YOUR house. Its YOUR equity. Its YOUR investment. Its YOUR risk. Its YOUR money... Sell it yourself! The real estate fee of 6% is the most deceptive pricing method in the world. Only 30% of homeowners have no mortgages. The rest of us have an equity according to the Federal Reserve Bank on average of 29% of our homes. This means that homeowners are paying a commission of over %20% of their equity to sell through a Realtor. This is outrageous considering the minimal risk and effort a Realtor invests in a sale. Its YOUR house. Its YOUR equity. Its YOUR investment. Its YOUR risk. Its YOUR money… Sell it yourself!

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