The 6% commission, a standard in home purchase transactions, is no more.
In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers, agreeing to end landmark antitrust lawsuits by paying $418 million in damages and eliminating rules on commissions.
They actually should have to pay trillions in damages for their century of cartel behavior.
I feel like as a potential buyer, I’m doing most of the work by researching Zillow and going to open houses.
Your doing all the work as everything is online these "agents" just want a cut in on your purchase or sale. There are 10x more realtors than actually needed. The industry needs a fall out but they are the #1 lobby in DC
They actually should have to pay trillions in damages for their century of cartel behavior.