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Prairie_Seagull

(4,629 posts)

2. In times past, prior to real estate boom and the internet.

Reply to BeyondGeography (Original post)

Fri Mar 15, 2024, 09:20 AM

Mar 2024

It took more actual work for the agents and with home prices cheaper agents and brokers made less actual income.

It is about time for this. Is the commission negotiated or will they settle on a different percentage?

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moreland01

29 replies

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Highlight:

Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits [View all] BeyondGeography Mar 2024 OP

It's absurd to have to hand over 6% of the value of your house to TeamProg Mar 2024 #1

5% jvill Mar 2024 #13

6 is of course the standard but yes, a realtor friend of mine listed and did the paperwork on TeamProg Mar 2024 #20

In times past, prior to real estate boom and the internet. Prairie_Seagull Mar 2024 #2

From the article BeyondGeography Mar 2024 #3

Thanks BeyondGeography Prairie_Seagull Mar 2024 #4

GIFT LINK Old Okie Mar 2024 #5

Sorry...that shouldn't have happened BeyondGeography Mar 2024 #6

This one worked for me. Thanks nt Chellee Mar 2024 #8

Thanks BG, that worked great. nt Prairie_Seagull Mar 2024 #29

... Crepuscular Mar 2024 #28

There has never been a 'fixed' commission. All commissions are negotiable. louis-t Mar 2024 #7

Don't see how the NAR is going to keep brokers from charging whatever rate they want. Sucha NastyWoman Mar 2024 #9

I don't see how the NAR is going to have any control over what each broker charges. Sucha NastyWoman Mar 2024 #10

Attorneys have an enormous amount of overhead TexasBushwhacker Mar 2024 #11

Realtors only get paid if the house closes. louis-t Mar 2024 #12

Oh, I understand TexasBushwhacker Mar 2024 #14

It's not always about time. It's about experience. louis-t Mar 2024 #21

If I sold my house today.... Happy Hoosier Mar 2024 #15

Same here. moreland01 Mar 2024 #17

Yes, there will be small companies popping up-'discount brokers' louis-t Mar 2024 #22

What part of "this is what I charge" is collusion? louis-t Mar 2024 #23

If you made an additional $80,000 in equity in 4 years, why are you complaining the commission is too high? moreland01 Mar 2024 #24

We used moreland01 Mar 2024 #25

I'm paying for a service, right? Happy Hoosier Mar 2024 #26

Thank you Delphinus Mar 2024 #16

Is the $100k (or whatever) increase in the value of homes due to infation? Increased demand from an increased population 3Hotdogs Mar 2024 #18

This is great news. 6% commission is rediculous. honest.abe Mar 2024 #19

Great news. Elessar Zappa Mar 2024 #27