Hacker News Reader

For contrast, in the UK we typically don't use buyer brokers at all. Normally the seller pays about 1% to their agent.

Probably because you pay the state the other 6% as stamp duty who is the true broker.

there are bunch off settlement fees that go to the government in the US also.

Nothing close to 6% of the purchase price though.

In what sense is the state "the true broker"?