My little discussion about no commission real estate virginia

Not many home sellers would object if no commission were due on their real estate transactions. It would be hard to find anyone who would. Happily, no commission real estate sales are now a reality. Until now, sellers were responsible for the entire real estate commission, which was calculated at five to six percent of the selling price of a home; that commission was paid out of the sale proceeds and split between the selling and buying brokers. That can seem like a lot of money for a relatively small amount of work, especially when real estate prices are on a high.

10/22/09 10

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