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[quote=Anonymous][quote=Anonymous]American home sellers are the population that will benefit from this the most. And the reality is that they needed the least. Home prices continue to be at record highs. It is a great time in America to be selling a home.

From a consumer perspective, the group that is the most currently screwed over is people who are buying homes. Interest rates are high, and prices are at highs. The market is incredibly tight. And now, Buyers will either have to go into this incredibly competitive market with new representation, or they will have even more costs, and what is basically already an untenable market for homebuyers.

Buyers who use companies like Redfin, or populations such as veterans who use the USAA referral plan will no longer get rebates.

Also, many agents give rebates to their buyers, especially if they are working the sale side of the transaction as well. Those rebates help offset the ever-increasing closing costs.

As an agent I do fully recognize that is some markets, the commissions are ridiculous, but I just don’t see how this benefits any homebuyer in America right now.  [/quote]

BS, the remuneration of the buyer’s agent will just become another negotiation item when closing the deal. It does not have to be part of the closing costs. [/quote]

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