A realtor’s cut at 3% would be $15,000. I most definitely am factoring in 3% on the lots I am looking for currently. I am paying cash and I only have so much available. If you only have $50k total available you can’t offer 50k on a lot and have enough to close the deal there fore it would effect the closing price.
Granted, 15k on a half mill place seems like peanuts to us but Im guessing the guy does not really need to move the place based on what I see.