Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Merlot

(9,696 posts)
6. The amount of work real estate agents do has changed due to the internet
Fri Mar 15, 2024, 08:49 PM
Mar 15

Now people do their own searches and setting up appointments for showings. It's not like back when only agents had access to listings.

I worked as a buyer with one agent who did earn her fee, but as a seller I had to choose to go through redfin due to them offering a 1.5 listing fee, where as most agents still wanted 2.5 or 3%. While I can see some justification for the buyers agent, the listing agents should be lower.

It will be interesting to see how this plays out. I"d be ok with 1% listing fee and 1.5% for buyers agents. Also would be preferable as seller not to have to pay all fees. My guess is that commission fees will go down, and then other "fees" will mysteriously appear.

Latest Discussions»Latest Breaking News»Realtor settlement on com...»Reply #6