Reply to WSJ: Beware real estate cartel

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The DoJ is coming after you next:

https://www.wsj.com/articles/warning-to-the-real-estate-cartel-11625783854

Finally, hopefully consumers can get away from this ridiculous system that compensates brokers exorbitant sums of money for only a few hours of work. TBH, a vast majority of the process could probably be largely automated for a $20 fee anyway.  Ridiculous US consumers have so much wealth destroyed from insane fees, or are forced to buy less because of fees.[/quote]

Funny, I did a 5 hour home inspection today with a lawyer who is involved in this case.  Guess, I don't have to day anything else, and we will forgot about the twenty plus hours I spent with him at other houses, working out finances, and two previous pre inspections.  [/quote]

Then you are the exception. Last time I bought a house and had it inspected, it was me and the inspector. Agent wasn't there.

So you spent 5 hours with an inspector, you made a call or sent an email to set up the time, you took a few minutes to fill out the bid form (a template I might add) and you will sit in on the close, maybe? So that is what, 15 hours max, right? And for that, you are getting a 5 figure payout.[/quote]

Agents never show up to the home inspections. That's the time to make them responsible if they miss anything, Also, never go for the recommendations from your agent. They get kickbacks/favor from their referrals. [/quote]

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