Reduced Price as For Sale By Owner = 105,000
Success Fee of Realtor at 6% of 115,000 = 6,900
Realtor successfully sells at 115,000. Sale Price After Success Fee = 108,100
The seller will accept a lower price to avoid paying a Realtor.
Too Bad. Sigh, Head in My Hands.
I can't begin to tell you how often this happens.
|Use a REALTOR|