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Realtors commissions are base upon the selling price of the property they sell. If it sells for $10,000 but is worth $50,000, their commission is based upon the $10,000 selling price.nonleg wrote:Realtors are pushing tax rate reform, because their commissions are based upon valuations, so they won't say a peep about that.
COUGH*Like Caliber reduction requirements*CoughRuark wrote:My feeling as well. I suspect this "property tax relief" is, like with many issues, just an attempt to have the appearance of doing something, while actually doing nothing. Meanwhile, the masses, dazed by their exploding property taxes, will excitedly follow like lemmings.anygunanywhere wrote:The fantasy that our taxes will somehow decrease is just that, a fantasy. The states, counties, and all the rest of the taxing entities will still get their quartof blood even if property taxes are decreased. Once they get their teeth in your leg they don't let go.
