Posted by Peter on March 14, 2003 at 09:53:37:
In Reply to: Re: Why architects so underpaids in architectural firms. posted by Kevin Matthews on March 13, 2003 at 22:17:30:
The architect is lucky to get 10% of the construction fee. The broker gets 6% of the total sale which includes the value of the lot and the added value of the total property (the value of a finished building being higher usually than the dollar costs of construction which do not include mortgage and other real costs).
I sold my house without a realtor. We asked 5 K over the (prospective) realtor's gusess, the buyer added another 5 K to lock-in the deal. Who needs them, in today's market? Not the seller. Still a lot of people got a piece of the pie.
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