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Agreed, but where this all falls apart is that it's a % fee rather than a fixed one for the services provided.
by ProfessorLayton 2y ago
Agreed, but where this all falls apart is that it's a % fee rather than a fixed one for the services provided.
- gwbas1c 2y agoI think if that was the case, the cost would go up. Realtors work very, very hard; and they aren't getting rich. If it was as easy as you think, no one in their right mind would pay the commission.
- ProfessorLayton 2y agoI never said it was easy? Additionally the issue isn't paying for a service, but that people are paying the commission as a percent rather than a fixed fee. Lastly, lots of other professions are difficult, and people make them work without taking a percent cut of the transaction via collusion — which is now being challenged, and costs are expected to go down, not up [1]. [1] https://www.kqed.org/news/11980019/national-association-realtors-class-action-lawsuit-buy-sell-house-california-is-about-to-change-heres-how https://www.kqed.org/news/11980019/national-association-real...