Originally Posted by asbestos
what is with this percentage anyway? is it 2x as hard to sell a 600k house as a 300k one? around here many agents don't do squat they get the listing, the house sells in a week and boom $10,000. What's up with that? I am getting a tile floor put in in the kitchen; one type of marble is 2.50 SF another is $8 SF should the installer charge me $2000 to install one type of tile and $7,000 for the other? Hire a good real estate lawyer to represent your interests. not the sellers, even if they charge you $500 an hour my guess is you will come out thousands ahead. Just because you are spending big $ does not mean that saving a few thousand does not matter.
The THEORY is that the person selling the more expensive house is worth more. They have more connections(buyers), do more advertising, are in better contact with the market regarding pricing. And then there are the associated risks and costs with selling a higher price house, some of which are also based directly on a percentage of the sold price. So if you give your $600K house to a person who normally sells $300K houses, you may not be getting the best deal for your money.
P.S. If I was your tile installer (and was responsible for your materials) and concerned with your satisfaction about the job, I would probably charge you more than the regular $2.50 per sq ft installation. The theory being that I would be using better setting materials for your more expensive tile, more care(more time), Possibly more tile-- I might look for the perfect cut with that tile-- NO chips at all. I might use a wet saw instead of my regular tile cutter. I also would spend more time with the pattern match. If you were buying really expensive marble, I would expect you to be more picky and account for that.