[quote sdrealtor]He does a real nice business but dont kid yourself that he’s netting anything close to what you suggested.[/quote]I said gross.. not net. I know he has quite an overhead. TV commercials can get REAL expensive REAL fast. I was trying to get a rough order of magnitude, and was more interested in the diff between sell and buy transaction representation. Someone had to be the counterparty to his sales..
[quote sdrealtor]Also to put some real numbers out there avg sales price across those 136 listings is 333K and average commission is probably around 2.5%. That translates to $1.13M.[/quote] True.. I was using 3% instead of 2.5%, but then there are people who have made statements that he expects a ‘Transaction Compliance Fee’, which would change the effective ‘percentage’ while not showing up on records. I can not attest to the existence of such a fee.. but it showed up on more than one poster.
