This site is about the overreaching political power of the NC Association of Realtors flush with money from cashing in your equity 6% at a time, leaving you to pay for growth with property taxes, year after year, with or without cash flow. In the last few years NCAR has pumped millions of dollars into NC political campaigns at the state and local level. They have spent millions more to defeat Local Options for Local Governments with misleading ads.

Monday, July 2, 2007


In a recent response to Chris Fitzsimon, the NC Association of Realtors' Tim Kent claimed that Realtor commissions averaged 5.1%. Actually that is a national average compiled by "REAL Trends" an industry group that collects voluntary self-reported information from real estate companies. In North Carolina that average is approximately 5.6%. Only a few metro areas actually report but the average in the Triangle is 5.4%, with Charlotte at 5.8%. Various factors supress the reporting of the typical 6% commission including new home sales, back-to-back sales and negotiated fees where a Realtor is buying and selling for the same client.

Even at the claimed 5.1% Realtors' take from a typical home sale has been increasing faster that the rate of inflation as home values have risen. Home owners are giving more money to Realtors in adjusted dollars even as the electronic age has Realtors doing less of the leg work.

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