Jon Grauman

It could, sure. It absolutely could. So let's say that you have a homeowner, we'll call him Joe Schmo, and he's selling his house at 123 Main Street for a million dollars. And he says, you know what? I read this article the other day in, you know,

It could, sure. It absolutely could. So let's say that you have a homeowner, we'll call him Joe Schmo, and he's selling his house at 123 Main Street for a million dollars. And he says, you know what? I read this article the other day in, you know,

I was listening to this amazing podcast, and my takeaway was I don't have to pay commissions anymore, which, by the way, is the way a lot of people are hearing and reading this. Okay, so, Mr. Seller, that's true. You're not required to pay the commission. However... Let's look at what other listings are available in your market right now and whether or not they're offering a commission.

I was listening to this amazing podcast, and my takeaway was I don't have to pay commissions anymore, which, by the way, is the way a lot of people are hearing and reading this. Okay, so, Mr. Seller, that's true. You're not required to pay the commission. However... Let's look at what other listings are available in your market right now and whether or not they're offering a commission.

I was listening to this amazing podcast, and my takeaway was I don't have to pay commissions anymore, which, by the way, is the way a lot of people are hearing and reading this. Okay, so, Mr. Seller, that's true. You're not required to pay the commission. However... Let's look at what other listings are available in your market right now and whether or not they're offering a commission.

Because what you don't want to do is put yourself at a competitive disadvantage relative to what else is on the market. Now, if you don't want to pay the commission, that's okay. Again, that's your prerogative. But commissions have always been baked into the purchase price. So if you're not willing to pay, let's say, 2.5%, which would be $25,000 on that million-dollar sale...

Because what you don't want to do is put yourself at a competitive disadvantage relative to what else is on the market. Now, if you don't want to pay the commission, that's okay. Again, that's your prerogative. But commissions have always been baked into the purchase price. So if you're not willing to pay, let's say, 2.5%, which would be $25,000 on that million-dollar sale...

Because what you don't want to do is put yourself at a competitive disadvantage relative to what else is on the market. Now, if you don't want to pay the commission, that's okay. Again, that's your prerogative. But commissions have always been baked into the purchase price. So if you're not willing to pay, let's say, 2.5%, which would be $25,000 on that million-dollar sale...

then the offer may come in at 975 because the buyer now has to pay that fee directly to their broker. So if you're not covering it, they're going to. In other words, you pull one lever, you pull one down, the other one goes up, it's all connected. You're paying for it somehow. this all works out fine as long as everyone's rowing in the same direction.

then the offer may come in at 975 because the buyer now has to pay that fee directly to their broker. So if you're not covering it, they're going to. In other words, you pull one lever, you pull one down, the other one goes up, it's all connected. You're paying for it somehow. this all works out fine as long as everyone's rowing in the same direction.

then the offer may come in at 975 because the buyer now has to pay that fee directly to their broker. So if you're not covering it, they're going to. In other words, you pull one lever, you pull one down, the other one goes up, it's all connected. You're paying for it somehow. this all works out fine as long as everyone's rowing in the same direction.

Meaning as long as everyone understands that basic principle that like it's being paid for one way or another, then it's fine. It's when a seller says, well, I'm not paying for it and I still want my million dollars for the house. It's like, boom. Look, Joe, Joe, come on, Joe. I mean, look, I get people want what they want. You know, my daughter wants a pony.

Meaning as long as everyone understands that basic principle that like it's being paid for one way or another, then it's fine. It's when a seller says, well, I'm not paying for it and I still want my million dollars for the house. It's like, boom. Look, Joe, Joe, come on, Joe. I mean, look, I get people want what they want. You know, my daughter wants a pony.

Meaning as long as everyone understands that basic principle that like it's being paid for one way or another, then it's fine. It's when a seller says, well, I'm not paying for it and I still want my million dollars for the house. It's like, boom. Look, Joe, Joe, come on, Joe. I mean, look, I get people want what they want. You know, my daughter wants a pony.

That doesn't mean she's going to get one. Like people just need to understand the basic sort of principles and concepts of how this has worked because there's a reason behind it. But, you know, this notion that like, well, the buyers have to pay commissions now. The buyers have always paid commissions.

That doesn't mean she's going to get one. Like people just need to understand the basic sort of principles and concepts of how this has worked because there's a reason behind it. But, you know, this notion that like, well, the buyers have to pay commissions now. The buyers have always paid commissions.

That doesn't mean she's going to get one. Like people just need to understand the basic sort of principles and concepts of how this has worked because there's a reason behind it. But, you know, this notion that like, well, the buyers have to pay commissions now. The buyers have always paid commissions.

Sellers are technically the ones that maybe distribute it, but the buyer is the only one that comes to the table with money at the closing. So technically, it's actually the buyer that's paid it. And the buyer has been able to finance it because it's baked into the purchase price and because they're borrowing a percentage of the purchase price.

Sellers are technically the ones that maybe distribute it, but the buyer is the only one that comes to the table with money at the closing. So technically, it's actually the buyer that's paid it. And the buyer has been able to finance it because it's baked into the purchase price and because they're borrowing a percentage of the purchase price.

Sellers are technically the ones that maybe distribute it, but the buyer is the only one that comes to the table with money at the closing. So technically, it's actually the buyer that's paid it. And the buyer has been able to finance it because it's baked into the purchase price and because they're borrowing a percentage of the purchase price.