Dave Ramsey, the guru of getting out of debt, talks a lot on his show about ways to avoid paying unnecessary fees and penalties, and encourages people to save far more than they spend – novel concept, right?
He had a question on his show in October, that a couple of people who listen regularly heard and sent me a link. The question had to deal with whether or not to use a real estate agent to sell a home. Economically, that makes sense – a $200000 home with no mortgage is going to net the owner ~ $200000 (minus closing costs, of course), while that same house will net the owner less if they use a real estate agent. Dave’s take? You get what you pay for (5 minute listen):
Dave Ramsey – 10/28/09 Show