@intrnetdaughter@nick_____t Even though my mom is one, I agree lol. It's such an overpayment for the service they do, it should be commission based but maybe like .5% or something. 5 percent between 2 realtors is insanity
@intrnetdaughter@nick_____t Not only that but land transfer tax is based on the price, government loves high house prices so they get more tax revenue, realtors love it too because commission $$$
@nick_____t@intrnetdaughter It makes it harder to move, even if you're doing a lateral move you end up needing to take on more debt through the process.
50k ish to a realtor, land transfer taxes in the 10's of thousands.... Not a cheap endeavor.
@intrnetdaughter I would be fine with things returning to pre 2021 levels, a house shouldn't really be an investment vehicle. It's housing, whether I earn money on it or not is irrelevant, I need somewhere to live regardless.
@intrnetdaughter I took variable for the first time ever last year, it's worked out so far so good, at prime -.90
My mortgage still went up by ~$100 a month but I was on 1.89 5 year fixed prior which was ๐ค๐ค๐ค