One last thing to make sure we are on the same page as to what is the difference we are talking about. The discount brokerages harp on the savings over 6% commisions to inflate the savings they offer. I have never been on a single website or seen a single piece of marketing by discount operations that isnt focused on the savings over 6%. Every single survey I have seen the last 3 years and eveything Isee on the market indicates that the market average commission is 5% not 6%. I havent taken a 6% lisitng in at least 3 years and know very few agents that have.
So on a $400K home we are talking about a maximum of $6,000 savings not the $10,000 that gets tossed about. Beyond that you can do the math. I’m not saying $6000 isnt alot of money because it is alot of money. But I think there is a ton of misinformation going on among the discounters.