After a $1.8B verdict, the clock is ticking on the 6% realtor commission
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Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#2Real estate sales is an industry rife with anti-competitive and corrupt practices. Appraisals, home inspections, lending, and sales are all in it together on this. I absolutely loathe them.
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#3swwwwweeeeeeeet. But who's going to fill in the address on the boiler plate purchase agreement?
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#4swwwwweeeeeeeet. But who's going to fill in the address on the boiler plate purchase agreement?
They'll just have to find a way to do that after they've finished taking 10 photos at 320x240 resolution (of which the last four are of the same room).
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#5Real estate sales is an industry rife with anti-competitive and corrupt practices. Appraisals, home inspections, lending, and sales are all in it together on this. I absolutely loathe them.
Add mortgage insurance in there too
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#6Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#7This is pretty interesting timing, no?
Mortgage interest rates quite high, housing inventory not moving a lot, and now the National Realtor Association getting disrupted.
I feel like this sets the stage for some serious change, but no idea to what end.
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#8swwwwweeeeeeeet. But who's going to fill in the address on the boiler plate purchase agreement?
They'll just have to find a way to do that after they've finished taking 10 photos at 320x240 resolution (of which the last four are of the same room).
I don't know about lo-res, but the HDR images are always a big tell when I look at postings.
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#9Real estate sales is an industry rife with anti-competitive and corrupt practices. Appraisals, home inspections, lending, and sales are all in it together on this. I absolutely loathe them.
I find that it's very similar to mob tactics. Prospective homeowners just get passed and funneled from person to person that they effectively have no choice but to interact with. And each of those people take a piece of the pie.
Re: After a $1.8B verdict, the clock is ticking on the 6% realtor commission
#10It's wild for an industry with such a low barrier to entry, overfilled with such jokers in the good times, and starving for business in the bad times.. they managed to protect their 6% fee so long. Cartels really do work.