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re: In Landmark decision, Jury Finds Realtors Conspired to inflate Commissions|$1.8 B verdict
Posted on 10/31/23 at 2:43 pm to lsuconnman
Posted on 10/31/23 at 2:43 pm to lsuconnman
quote:
It’s also bewildering the buyers agent is supposed to represent the purchasers interests
If you do the math on the 3% you quickly realize they don't have your best interests at heart. $10k in the sale translates to $300, and while that's nothing to sneeze at, it is minor in the scheme of things for them. They want the sale to happen and happen as quickly as possible so they can move on to the next
1
Posted on 10/31/23 at 7:13 pm to etm512
quote:
If you do the math on the 3% you quickly realize they don't have your best interests at heart. $10k in the sale translates to $300, and while that's nothing to sneeze at, it is minor in the scheme of things for them. They want the sale to happen and happen as quickly as possible so they can move on to the next
The best is when you agree to give a little money back to the buyer after inspections, and realtors push to apply it to offset closing costs instead of reducing the sales price.
Because they would rather protect their commission than lower the buyer’s next tax bill.
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