There’s been a bit of industry chatter around whether the buyer should be responsible for paying the commission in most real estate transactions. Today we break down our opinions on who should pay the commission and how it should work. In the show we mention a study that shows that when houses are sold “By Owner” the average sales price is 5.5% less than when a home is sold by professionals. That study by Sklarz & Miller is available for download below.
reThink Real Estate discusses who pays the real estate commission