24 Hands in Your Pocket
When a real estate deal is made, buying or selling, a plethora of people depend on their lives tied to that single deal. This is a breakdown, from beginning to finish, of the greater amount of those that will make money (who gets paid), what they are paid (how much), and who pays them (buyer/seller) – The real cost of buying real estate.
In the end, Rex assumes a $600,000 transaction (the median in America is currently in the mid $500’s), and the actual cost total on others making money is $61,000 on that single transaction. The author predicts the real estate fiasco of 2007-2008 may repeat in 2024-2025