Simple and Sold - Sell Your Home Fast and Keep the Commission Real Estate Management and Evaluation ebook marketing by Sissy Lappin
Top 50 Amazon Reviewer gave this book GREAT REVIEWS!!
Sissy Lappin "Simple and Sold" book is an insider's view of the real estate buying and selling process. She walks a reader through everything a real estate company and salesman does, exposing the tricks of the trade and outlining the true cost of hiring a real estate professional.
COMMISSIONS MORE THAN MEETS THE EYE
The problem with commissions is not that a real estate agent earns commission, but how much does it really costs the homeowner. The typical commission is listed as 5-6 percent of the sale of the home. Considering most homes have a mortgage to be paid off at the time of the sale, the commission is much higher. Ms. Lappin said a typical commission paid to a real estate agent is 50-60 percent of the equity in the home.
In other words, a homeowner is going to give a real estate agent 50-60 percent of the net profit from the sale.