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How to Estimate Real Estate Brokerage Expenses

The Close

Real Estate Brokerage Expense Categories In this article, we’ll review all the common real estate brokerage expenses you may incur operating a new business. Each of the categories below represents a group of expenses along with their estimated annual costs —just divide by 12 to grab your monthly cost. More on this topic later.

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Affordability Crisis Update: Current Homebuyers Lost More Than Just Buying Power

Point2Homes

Wichita, KS, and Chesapeake, VA, followed suit: Buyers here lost 990 and 971 square feet , respectively. The other nine cities in this category “only” lost the equivalent of one or slightly less than two bedrooms. That translates to a no-less-depressing seven and eight bedrooms. Louis; Detroit; and Toledo, OH.

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A Tale of 2 Markets: Amid Price Drops, Condos Hold Up Better Than Single Family Homes

Point2Homes

And the state that stands out in this category was Oklahoma. Wichita, KS $225,000 $220,000 -2% $155,250 $145,000 -7%. Price data was sourced from Redfin.com, Zillow and other local MLSs and brokerages. Arlington, VA $1,185,000 $1,171,000 -1% $410,000 $396,000 -3%. Bakersfield, CA $405,500 $400,000 -1% $190,000 $212,000 12%.