Thursday, November 01, 2007

Reg Gupton says real estate commissions on the rise

Hi Folks,

Looks like fees are on the way up. There is hope out there yet. Follow this link for the full story.

Real estate commissions on the rise - Oct. 31, 2007:

During the housing boom, home sellers were in the driver's seat with real estate agents courting them - often at bargain commission rates. But now that the bubble has burst, the tables have turned. In 1991, the average commission rate was 6.1 percent, according Steve Murray, of Real Trends, which tracks the brokerage industry. The rate inched down to 5.4 percent by 2001 and by the end of 2005, it stood at 5.02 percent."

To your continued success,

Reg Gupton
www.growthseminars.com

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