Lereah Lereah Lereah. Why doesn’t the NAR just present graphs titled “Commission revenue”? That’s what matters to them. That would simply the same graph as the ones they show now adjusted down by a multiple of 0.06, the usual commission rate. The buyer is affected by a multiplier of -1.0. The seller gets 0.94.
Is it taboo for these guys to ever use the word “commission”, the actual source of income for the NAR (or do they also have bake sales)?
We listen too much: let’s talk as buyers and sellers, and let the realtors receive their pay for helping on the transactions. Let’s stop letting these guys act as if they’re running the show. I got boycotted because I had the nerve to do my own paperwork as a seller–that’s the seed of my resentment. They make their living trying to convince everyone that selling houses is too difficult. The lord over the MLS system. And now they’re meddling in the affairs of actual property owners by propagandizing the market.