by onlypassingthru on 3/15/2024, 2:47:46 PM
by RestlessMind on 3/15/2024, 2:50:24 PM
I never envisioned a day when the trend of monopolization across different sectors of economy (at least in the US) would be reversed. But this could be huge, or to quote the article - "The opening of a free market for Realtor compensation could mirror the shake-up that occurred in the travel industry with the emergence of online broker sites such as Expedia and Kayak."
Rooting for more such monopoly busting across different sectors.
by frankbreetz on 3/15/2024, 5:16:09 PM
Will this result in buyers paying for their own Realtor? I have found the fact that the seller pays the buyers realtor fee crazy. I think a lot buyers would go with out a realtor, if they had to start paying for their own realtor.
by jameskraus on 3/15/2024, 8:26:44 PM
by op00to on 3/15/2024, 3:28:32 PM
Can I now sue my realtor to claw back commission I had to pay on the purchase and sale of a house?
This is long overdue. I've seen no difference in realtor quality or effort from selling a $500k house than a $1M house, yet the commissions were doubled just because they can.
Attn Realtors™: Time to provide added value for money like the rest of us working stiffs!