Reply to Biden admin going after realtors!

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[quote=Anonymous][quote=Anonymous]This is very needed. Other countries don’t have realtors that take 6%. I think there’s so many ways to reform this. In my mind, buyers should have to pay for it and it shouldn’t be allowed to roll into their mortgage. After all, you can’t roll moving costs into your mortgage. [/quote]

I can't read the article - behind a paywall. But the sellers should continue to pay for the realtor fees because the seller selects who to use to take pictures, list, possibly stage, etc.

With today's technology, I'm wondering if we even need buyer's agents anymore. We used to need them to even find out which homes are on the market. Now we just need one realtor to open the door. We've bought and sold multiple homes. We don't even use buyer's agents anymore. The last home we bought, we just called the seller's agent and they showed us the house and even wrote the offer for us (their preference, we've written offers ourselves).

Maybe the path forward is sellers pay 2% to one realtor? This would make it better for buyers and sellers. Less commission for the sellers to pay and it would close the gap between what buyers want to pay and what sellers want to get at settlement.[/quote]

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