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[quote=Anonymous][quote=Anonymous]I'm not sure how this will play out but I think that many of you are not realizing the unintended consequences for sellers with this ruling. The market is so tight that many buyers are writing and losing many offers. Multiple offers are obviously good for sellers bc besides having buyers escalate way over asking, buyers also need to waive contingencies, offer free rent backs etc to win. What is going to happen is that buyers are going to write less. So I have new clients who I just started working with who had lost 8 houses before firing their agent to come work with me. They preinspected 8 times for a cost over $5k. If they had to pay a buyer's agent on top of that, I can guarantee you that they wouldn't have written on all of those homes. So less offers, less buyers pushing other offers to their cap, less competition-bad for sellers. [/quote]

This is not a problem actually. Why would anyone be concerned about what is best for sellers in this economy? The situation now where all buyers in packs compete for the same homes doesn't benefit buyers.[/quote]

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