End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
1–6 of 6 posts
Re: End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
#2I 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.
Re: End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
#3I 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.
8%! Only time ive seen elevated commissions like that is when the overall price is low (common with raw land).
Re: End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
#4[dead]
Re: End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
#5Time for the homebuilders! Commission margin reduction will accrue to homebuilders.
Re: End of 6% Commission era upends misleading Pricing Model used by Zillow, Portals
#6Time for the homebuilders! Commission margin reduction will accrue to homebuilders.
yes - Saw an article in Grants Interest Rate Observer make a similar point. Homebuilders are the big winners of this.