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From: bobn@bmcg.UUCP (Bob Nebert)
Newsgroups: net.consumers
Subject: Re: Need advice on bidding on a house
Message-ID: <1909@bmcg.UUCP>
Date: Fri, 27-Sep-85 15:05:22 EDT
Article-I.D.: bmcg.1909
Posted: Fri Sep 27 15:05:22 1985
Date-Received: Thu, 3-Oct-85 04:27:35 EDT
References: <713@whuxl.UUCP> <1185@ihuxn.UUCP>
Organization: Burroughs Corp. ASG, San Diego, CA.
Lines: 13

> --
> > First of all the prices are outrageous! I sincerely believe,
> > that real estate agents intentionally jack up the listed price of
> > a house to increase their commission.  So question one:
> 
> I'm no fan of realtors, but I think your analysis is wrong.  They
> make 7% of the sale price, which amounts to only $700 per $10K,
                                             
If a house sells for $95,000, that ='s $700*9 or $6,300 commission.
I don't know about your financial setup but I could live on selling
five or four houses a year. Remember that all the expenses incurred
running around trying to sell houses is written off (God I love that
term).


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