For decades, the 6% commission was as much a fixture of the home-selling process as the "For Sale" sign itself.
The end of the standard 6% commission seems long overdue.
It always seemed crazy to me that an agent could earn twice as much money selling an $800,000 house as they would selling a $400,000 house.
I feel the same way about tipping 20% at a streak house versus 20% at my local Tex-Mex restaurant. I'm sure there is more work that goes into finding the right buyers for expensive homes, but I can't imagine that it's THAT much work.
The end of the standard 6% commission seems long overdue.
It always seemed crazy to me that an agent could earn twice as much money selling an $800,000 house as they would selling a $400,000 house.
I feel the same way about tipping 20% at a streak house versus 20% at my local Tex-Mex restaurant. I'm sure there is more work that goes into finding the right buyers for expensive homes, but I can't imagine that it's THAT much work.