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Realtors often make about 3% commission when their clients buy or sell a home.For example, if a realtor were to sell a $100,000 home, they
Realtors often make about 3% commission when their clients buy or sell a home.For example, if a realtor were to sell a $100,000 home, they would earn $3000.
Under this system, does it make economic sense for the realtor to try to get as a high a price as possible for the seller?Think of the percentages and all the economic costs involved.
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