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Old 04-19-2018, 08:32 PM
 
Location: Rochester, WA
3,832 posts, read 2,058,876 times
Reputation: 10577

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Quote:
Originally Posted by SportyandMisty View Post
True, but then again do 5 of these each year and you have a nice living:

https://www.zillow.com/homes/74-Whit...,-UT-84060_rb/
I could get by on just one of those.
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Old 04-20-2018, 07:01 AM
 
Location: Raleigh NC
7,773 posts, read 6,128,244 times
Reputation: 6905
Quote:
Originally Posted by SportyandMisty View Post
True, but then again do 5 of these each year and you have a nice living:

https://www.zillow.com/homes/74-Whit...,-UT-84060_rb/
as of Feb 2018, the US median - which I mentioned as selling 5 of - was $241,700. That's $1.2MM in volume, or about $36,000 of gross commission.
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Old 04-20-2018, 07:16 AM
 
Location: Cary, NC
31,621 posts, read 55,349,802 times
Reputation: 30183
Quote:
Originally Posted by BoBromhal View Post
as of Feb 2018, the US median - which I mentioned as selling 5 of - was $241,700. That's $1.2MM in volume, or about $36,000 of gross commission.
Meaningless numbers.

The whole 80/20, median, low volume, turnover, etc, diversion assumes that all licenseholders hold their licenses for buying and selling and that is just untrue.
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Old 04-20-2018, 07:44 AM
 
Location: Columbia, SC
8,852 posts, read 17,450,334 times
Reputation: 6212
Man, people have ruined what could have been the funnest thread ever with your facts and figures. Let's take this back to the 80s. Bo, what was the median price in the mid 80's? I'd like to know how internet has affected home values.
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