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re: Selling my house. Why do I have to pay the buyer's agent?
Posted on 10/14/17 at 7:20 pm to EA6B
Posted on 10/14/17 at 7:20 pm to EA6B
I love these threads. 
It’s a pretty bimodal distribution of people that hate the dinosaur of an industry and others that say “it is the way it is”.
Everyone can agree that it is ripe for disruption. The profession will go the way of the taxi driver and I’m excited for it.
It’s a pretty bimodal distribution of people that hate the dinosaur of an industry and others that say “it is the way it is”.
Everyone can agree that it is ripe for disruption. The profession will go the way of the taxi driver and I’m excited for it.
2
Posted on 10/14/17 at 8:17 pm to lynxcat
quote:
Everyone can agree that it is ripe for disruption. The profession will go the way of the taxi driver and I’m excited for it.
Can't happen soon enough for me, the 6% commission is nothing but price fixing, and should have been stopped years ago.
Posted on 10/17/17 at 3:15 pm to lynxcat
quote:
Everyone can agree that it is ripe for disruption. The profession will go the way of the taxi driver and I’m excited for it.
the profession will not go away anytime soon. Real estate agents provide all sorts of value to potential buyers. They provide opinions about locations or things to consider, they also can help with picking neighborhoods.
With that said, sellers agents are paid far too much to do far too little.
I would imagine the model will eventually be that sellers will pay an upfront fee for listing the house, and then a small commission to sellers agent (1%) and then sellers will have to fork over some $$ for help.
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