CBS 60 Minutes News Clip – Chipping Away At Realtors' Six Percent Commission Rate
Category: Internet Real Estate, Uncategorized
Even with today's housing slump, real estate agents will pull in about $60 billion this year. And the reason is, as any homeowner knows, they charge a six percent commission on the price of every house they sell. So, for instance, a home that goes for a half a million dollars will net agents $30000 right off the top.
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CBS 60 Minutes News Clip - Chipping Away At Realtors' Six Percent Commission Rate