When running the numbers on home purchasing/selling, it seems to make an awful lot of sense to me to get my real estate license. Most homes in my area go from $250k-400k, so 6% per transaction is a hefty amount. However, I'm wondering if I am missing some fees... I have heard that agents also have to pay a brokerage a significant part of that commission. Of course, there are also the fees for your licensing, renewal, etc.
I wouldn't get my license to practice as an agent, but mostly just for my own use so I can avoid paying commissions. Those of you who are experienced in doing this, how much can I really expect to save on a $300,000 home purchase and sale?