How Much Money Goes into the Economy When a Home Is Sold?
So, most of you probably saw the Super Bowl ad.
Consumer goods flying around all over your TV screen. And yes, it's true, real estate has a huge impact on the economy.
But, there is another huge benefit - when a home gets sold, it's a paycheck for so many people involved in just one real estate transaction.
So, what I did was prepare a Word doc for you, listing who gets paid when a home is sold. I based this on a buyer getting a mortgage of $200,000 with 10% down payment. It contains a list of services and estimated dollar amounts based upon my area in Wisconsin — that totaled a whopping $32,325.
This is a great document to share with your real estate agents. I have left the dollar amount column blank so you can fill in those amounts that apply to your area. This would also make a great article for your local newspaper, TV and radio stations.
You must be a paid VIP MEMBER in order to view full content.
- If you are a PAID VIP MEMBER, please LOGIN here.
- If you are not a paid vip member, please visit here for full details on what’s included with a membership and to choose your membership option and join!
- We also offer a complimentary virtual website tour, if you’d like to “see” what’s included with membership, before joining. Request your virtual tour here.