No commission real estate and exploring the topic
No matter how much, or how little, work your realtor accomplishes, you are forced to pay your realtor the agreed upon percentage once your house sells. Let's use a real life example to further explore this unfortunate agreement. What if your house sold for $200,000 and you agreed to pay your realtor six percent commission? In this situation, you would be obligated to pay your realtor a whopping $12,000 of the final sale of your house. What if your house sold for $2,000,000 and you were paying your realtor six percent commission? In this situation, an enormous $120,000 would be paid to your realtor following the sale of your house. In either scenario, this is an extremely unfair division of the final selling price of the house.