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LETTER: Rethink real-estate commissions

Dear Editor: After reading so many letters about house affordability and the continual dollar increase as a house is sold, as I see it, Realtors get a hefty sum by percentage of the sale.

Dear Editor:

After reading so many letters about house affordability and the continual dollar increase as a house is sold, as I see it, Realtors get a hefty sum by percentage of the sale.

So it is no wonder that as a house is resold the owner wants to retrieve some of his previous costs. Is it not time that sales (commissions) should be at a fixed rate to combat this, rather than the percentage system?

It would surely slow the disheartening rises that is leading folks to give up and leave.

Leonard Seward
North Vancouver

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