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You Win :) That's just a really sensible solution to this "problem".
by shiranaihito 17y ago
You Win :)
That's just a really sensible solution to this "problem".
- grignr 17y agoI agree, but maybe it should be a sliding scale based on what the house is worth. For a $100k house, even Redfin's flat fee of $5k-$7k is more than double the Netherlands' 1.85% cap.
- sharksandwich 17y agoReally? The gov setting the rate is the most sensible solution? It may have worked out well in this case, but that's an awfully slippery slope. I couldn't agree more that the commissions themselves are absurdly high, I just tend to think the gov's role should be to foster a competitive environment that would allow the market to arrive at a fair rate rather than picking it themselves
- shiranaihito 17y agoWell, how do you foster an environment where the market would arrive at fair rate? Without any control, it seems like the rates will get quite high.