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cjg | 2 years ago

For contrast, in the UK we typically don't use buyer brokers at all. Normally the seller pays about 1% to their agent.

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naveen99|2 years ago

Probably because you pay the state the other 6% as stamp duty who is the true broker.

twic|2 years ago

In what sense is the state "the true broker"?

sharemywin|2 years ago

there are bunch off settlement fees that go to the government in the US also.