OFFICIAL President's State of the Union Game Thread

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Bob_C said:
BleachedAnusDawg said:
Bob_C said:
He's gonna propose a $5k first time homebuyer credit and a $10k seller credit for median and below priced homes. @pawz on a $400k sale, how much is the buyer typically eating on commissions, escrow, excise taxes, etc. ?
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Buyers aren't paying commissions out of pocket. At least not yet. Class action lawsuits could be changing that.
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Yeah, meant seller.
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Roughly 2.22% plus any negotiated broker compensation.

@BleachedAnusDawg is correct, the buyer broker compensation discussion is in the midst of a sea-change. A topic for another thread
Gonna be interesting.
 
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