Die Immobilienbranche wurde durch ein 1,8-Milliarden-Dollar-Urteil erschüttert, in dem eine „Verschwörung“ festgestellt wurde, um Verkäufer zur Zahlung illegaler Provisionsgebühren zu zwingen

by lorenzomofo

12 comments

  2. As I understand it, in the US the average commission on a sale is 5-6%, it’s paid entirely by the seller but it is split 50/50 between the seller’s agent and the buyer’s agent.

    As an Australian this arrangement strikes me as very strange. Here:

    – typical selling agent commission is 2% in the main markets but you can negotiate less, particularly if the house is very expensive or likely to be easy to sell

    – buyers rarely use an agent and if they do the fees charged are either flat (up to about $20,000) or around 1% commission

    – if a buyer uses an agent they pay the buyer agent fees/commission themselves, the idea that the seller should be paying for the buyer’s agent is bizarre and obviously creates risks of conflicts of interest

  3. Not too surprised. My sister and brother in law moved from California to Maryland to be near their grandchild. They found a nice house near Bethesda and was in a final stage to make purchase when the real estate agent tried to pull a fast one which infuriated them and they decided then and there to pull out of purchase.

    The AH agent realized he went too far and called back that night to original agreed upon price and because they liked the house, they decided to purchase the house.

  6. Here’s the crazy reality…coming from an agent in one of the world’s craziest real estate markets… #1, seller’s paying both sides has **never** been a labor a rule.. it just became an accepted status quo, as commissions have always been negotiable. This is going to hurt a lot of people that would otherwise benefits from having a great agent for representation. My market, average 1800sqft 3 bed home is north of 1.5m. Already a difficult market to compete in for buyers , on top of low inventory, buyers will now have to also pay for their own agent. People are going to get screwed over by shady listing agents. I can’t tell you how many bad one there are. Successful listing agents tend to get lazy and start cutting corners a lot. A great buyer agent will catch these issues and protect the client through escrow.

    This isnt going to have the outcome most would think.

  7. Realtors are bottom feeders.. Freakenomics showed they were not necessary and actually incentives to make you sell your home for less

  8. Feeling very vindicated in my hatred for realtors. I use lawyers now.

  9. so whats the difference. double the sellers agent fee, who kickbacks half to the buyers agent?

    what am I missing?

  11. So now what, every realtor gets fined, to give back to buyers?

  12. I bought my home in 2019, and neither I nor the seller paid an agent.

    It cost me 1500$ to a law office to handle the legal paperwork.

    America is infected with jobs that exist because they were needed in the past, but people have fought against change due to some combination of greed, ignorance, or negligence

    Real estate agents, car sales men, tax services, dental insurance, health insurance, new jersey gas attendants, middle management , CEO’S
    … the list goes on
    It’s our own species inability to adapt our society around the rapid rate of progression and change.
    And I’m worried it’s going to be our ultimate downfall.

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