I wouldn't expect it to spur home sales, but it is...

...a nice perk for consumers. I think the article mentioned that commissions might decline by 30% or so, so that would mean 6% to 4%. No idea if it'll play out like that, but on a $2M-home, that's $40,000 in savings. Not bad.

In response to this post by 111Balz

Posted: 03/15/2024 at 1:38PM

Non-political, but interesting, story... -- Los Angeles Hoo 03/15/2024 12:43PM

Not sure this is going to be nearly as transformative as the article sugges -- 111Balz 03/15/2024 1:03PM

I was just thinking about what rate I would be willing to pay -- NJHoo 03/15/2024 7:47PM

I am selling next month. I’m using the same agent I used to buy my house -- 111Balz 03/15/2024 9:31PM

I wouldn't expect it to spur home sales, but it is... -- Los Angeles Hoo 03/15/2024 1:38PM

I've always thought 6% was nuts, especially compared to other countries -- Old Dorms Rule! 03/15/2024 1:51PM

Agreed. In the old days when... -- Los Angeles Hoo 03/15/2024 2:04PM

I wouldn't expect it to spur home sales, but it is...

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