Originally Posted by scottyt
...as for making a profit, he makes a profit no matter what, the seller is the one who might loose out if they have a loan. the broker makes 10 % no matter what to him making 1000 real fast is better than making 1100 over 3 months of listing....
Just to clarify, the situation that I am most interested in is where the broker has a trade-in. This statement is not true for that situation.