Define many. Most often there’s a buyer fee and a seller fee and the vast majority of the time it’s a percentage. I’ve never seen any evidence that a significant percentage of realtors will do this outside of this structure. To me it’s very much like doordash fees where the work effort put in is not proportional to the fees. If you buy a steak dinner for two and have it delivered a 21% tip can really be up there. Two burritos and some chips are just as heavy and involve the exact same work effort to deliver but that 21% is much lower of a tip. For houses It biases realtors exponentially towards more expensive properties. It’s a bullshit system.
You realize Realtors are not required to charge a %? And in fact many of them do not.
Define many. Most often there’s a buyer fee and a seller fee and the vast majority of the time it’s a percentage. I’ve never seen any evidence that a significant percentage of realtors will do this outside of this structure. To me it’s very much like doordash fees where the work effort put in is not proportional to the fees. If you buy a steak dinner for two and have it delivered a 21% tip can really be up there. Two burritos and some chips are just as heavy and involve the exact same work effort to deliver but that 21% is much lower of a tip. For houses It biases realtors exponentially towards more expensive properties. It’s a bullshit system.
No? Lots. Thousands.
It doesn’t have to be. That’s the point.
So then don’t give a significant percentage of Realtors your business.
How do you suggest even finding such a realtor?
Use your favorite search engine? Search for “discount broker in [city]”