Reply to Lawsuits against real-estate agents may reshape how we buy, sell homes

Forum Index » Real Estate

Reply to "Lawsuits against real-estate agents may reshape how we buy, sell homes"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]The costs of housing relative to cost of living has drastically increased over the last 10 years. Commissions should decrease.

It makes more sense to pay the sellers agent a smaller percentage or a flat fee to sell. Then the agent shows the home to prospective buyers. If buyers want intensive hand holding, then they can work that out with an agent and pay out of pocket.

Home values would likely stay lower because many sellers are looking at the net at closing. The realtor costs would decrease for sellers. If buyers want a nanny-realtor to hold their hand, then they pay an extra fee to a realtor to provide this service. The overall costs for buyers wouldn't increase because sellers were baking that fee into the sales price.[/quote]

OP here. Yes, if you need to clear a certain amount and have to give 6 percent!!! to the two agents, you are pricing as high as you can. [/quote]

Exactly. The realtor fees can get in the way of closing. Although I've never paid more than 4.5% total.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics