>Entry load of 6% (real estate commissions)
1% penalty every year (property tax)
Exit load of 6% (commissions again)
Whoa whoa whoa, you can't call the commission a cost on both the purchase and sale.
Either call it a cost on the sale (seller picks up the tab since seller pays the agent), or call it on the purchase (sellers aren't dumb, and price in the commission). Don't call it a cost on both sides of the transaction, that doesn't make any sense.
Whoa whoa whoa, you can't call the commission a cost on both the purchase and sale.
Either call it a cost on the sale (seller picks up the tab since seller pays the agent), or call it on the purchase (sellers aren't dumb, and price in the commission). Don't call it a cost on both sides of the transaction, that doesn't make any sense.