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[quote=Anonymous][quote=Anonymous]As someone who is saving up for a condo, I’m not really happy with this decision. Now not only will I have to have money for a downpayment and closing costs, but also agent costs. Sellers probably won’t want to pay buyers agents, and I don’t want to a first time home buyer without one. It seems to shift more burden onto buyers. But it seems like many are happy with this decision.[/quote]

You were paying for agent costs before. The price was just baked into the sales price. Now it's going to be separated and you can negotiate how much you want to spend. The market will settle and there will be standard price points based on service level- just like everything else you pay for. Yes the transition period may take a couple of years to shake out. But that's no reason to extend a horribly inefficient system..

And I am truly sorry for the realtors losing their jobs. Nothing personal, but many of you were just free riding on the cartel overly inflating the prices for your services. The good news is that those who actually can consistently provide value will be able to continue to do so.[/quote]

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