Agents are not free! Around where I live, you can expect to pay 3% to each of th... | Hacker News

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		BadCookie on March 10, 2017 \| parent \| context \| favorite \| on: The Stack That Helped Opendoor Buy and Sell Over $... Agents are not free! Around where I live, you can expect to pay 3% to each of the two agents involved. Selling the house for 5% more doesn't help you if you have to give 6% of the sales price to the agents. I wonder how much of what Opendoor is trying to achieve involves removing or reducing the agent involvement.

brianwawok on March 10, 2017 [–]

I never said they were free.

If getting an agent on your own cost 5%-6%, and opendoor is charging 12%... you are losing 6-7% by using opendoor. That is a LOT of money.

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