$97,500 because there is no agent on the listing side.
Most buyers today know the value of having their own agent. For the ones that like to buy direct from the seller it is so they save money. The seller in the end get no more money for their home and deal with 100% of the stress that often comes with selling. Almost everything we buy have broker commission fees built in.
Cars, lumber, food, and even diamonds all come through a broker channel. The difference between those broker channels and the real estate broker channel is the public does not see what is built in to the item they are purchasing. For
instance most food brokers are 4% and we as ‘shoppers’ pay every time we pick up a jar of peanut butter. In every industry there is the gross value and net value, including real estate.
SERIOUS CONSIDERATIONS
The decision to sell your home requires seeing the total picture, from start to finish. You should now understand what is involved in selling your home quickly and profitably. However, let me summarize a bit about what you should consider to avoid trouble in the process. To eliminate any misunderstandings by you, your agent, or an interested buyer, discuss this list with your trusted agent. • Selling your home before you are qualified to buy another — Financial situations change, along with loan requirements.
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