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Real Estate
Reply to "Biden admin going after realtors! "
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[quote=Anonymous][quote=Anonymous]The path forward is not based on a percentage commission it’s based on hours worked at a set fee with the possibility of success bonuses tied to speed and realization of best price. Oh yes, with a price cap of about $7500. [/quote] I mean, you will get what you pay for. Play that out a little. Since you so cynically believe agents work in their own interest, it stands to reason that now they’ll try to delay sales not get them quickly. How is that good for a seller? And when they hit the arbitrary cap, they stop working hard on the listing? I understand the inherent principal-agent problem here, but I don’t think it’s good for sellers to create a disincentive to sell as quickly as possible using aggressive marketing. [/quote]
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