End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals (userhub.com) 7 points by patrickrafferty 2y ago ↗ HN
[–] ProllyInfamous 2y ago ↗ I just participated in a land purchase and somehow the seller's agent was able to secure 8% [4% on each side]! For two hours of work, the buyer's agent made a tidy profit... this recent legal ruling is long overdue. [–] patrickrafferty 2y ago ↗ 8%! Only time ive seen elevated commissions like that is when the overall price is low (common with raw land).
[–] patrickrafferty 2y ago ↗ 8%! Only time ive seen elevated commissions like that is when the overall price is low (common with raw land).
[–] Twoshooters 2y ago ↗ Time for the homebuilders! Commission margin reduction will accrue to homebuilders. [–] patrickrafferty 2y ago ↗ yes - Saw an article in Grants Interest Rate Observer make a similar point. Homebuilders are the big winners of this.
[–] patrickrafferty 2y ago ↗ yes - Saw an article in Grants Interest Rate Observer make a similar point. Homebuilders are the big winners of this.
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