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[quote=Anonymous][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]

Sellers should price honestly and shouldn't be afraid of things like inspection contingencies. If sellers start engaging in more honest behavior because the field of buyers is smaller, that's a good thing. It's crazy that you think someone writing 8 offers and spending $5k on preinspections with nothing to show for it is a sign that agents are doing a good job.[/quote]

It's not a sign that the agent is doing a bad job necessarily. It's a sign of the market. If you had any idea what is going on in the current market, you would never write such a ridiculous comment. [/quote]

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