I would say that it depends on the price, for lower priced properties the fee is going to be higher. As the price climbs, the fee gets smaller.
6% is usually the starting rate and the price is negotiated from there. From a brokerage point of view, e are looking at it as: Why would I want to take this assignment when I can spend my time on another assignment which could bring me more money.
Mar 28, 2011