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Chipping Away At Realtors' Six Percent

(Source: )

 

(Source; CBS News, 60 Mins) - Even with today's housing slump, real estate agents will pull in about $60 billion this year. And the reason is, as any homeowner knows, they charge a six percent commission on the price of every house they sell. So, for instance, a home that goes for a half a million dollars will net agents $30,000 right off the top.

 

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