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Old 01-24-2013, 08:16 AM   #16
ELMC
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Join Date: Jul 2011
Location: Connecticut
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Quote:
Originally Posted by zavandor View Post
I think that people pay 10% commissions to the brokers base on the point value only, and not on closing cost of MR payment.
So even for you offering a higher price but asking to pay closing and MF it means paying the same total, the seller won't get the same money. The seller will pay 10% on a higher sum, so they'll earn less than if you pay closing and MF.
Good point. I'm curious, though, what percentage of sellers do you think are that sophisticated to figure that out?
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