24% Listing Commission?

[Jack Deer]

I was looking at one property that the realtor claimed to have a 24% commission to sell. The property was listed under $30,000. There was nothing special (bad or good) about the property. Just another average lot with utilities.
What's going on here? Is the realtor sticking it to the seller?

[Russell Brazil]

That's what happens on low price properties.

Pretend it was a normal commission rate of say 2.5%. An agent would lose a couple grand servicing the property at that rate.