Daunted by Commissions, Some Home-Sellers Turning to for Sale by Owner Industry

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Daunted by Commissions, Some Home-Sellers Turning to for Sale by Owner Industry

Frank Borghetti bought his first house in the 1970s for $30,000. At that time and at that price, a 5 or 6 percent commission, around $1,800, wasn't much of a problem.

Today, that house is worth $250,000 and the same commission is a hefty $15,000, more than Borghetti and most other consumers want to pay.

"It's outrageous, in my opinion," ...

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