A Competitive Market Squeezes Fees For Real Estate Agents
In Manhattan, the vast majority of commissions are still 6 percent of the sale price. But some sellers realize that, with agents starved for listings and prices strong, they have the upper hand, not only with buyers, but with brokers as well. The rates and reasons are different, but the situation is similar in other See the rest of the story at: http://www.iht.com/articles/2005/05/19/business/reagent.php
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