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Originally Posted by frayedends

This is purely a speculative question. I don't pretend to know the answer. Say they do indeed remove buyer's agent fees from the listing. Do you think listing agents will lower their commission? What if they are no longer making the money as a buyer's agent (most agents do both). If they still charge ~5%, it doesn't really change anything except the buyer isn't represented.

If a buyer now can pay a fee, maybe a fixed fee, they will be paying more if the selling agents aren't lowering commissions. Keep in mind the agents need to make a living.

Percentages are the gimmick. That aspect needs eliminated. There are flat fee realtors out there now and they will take over the entire market eventually. A set fee is charged to sell ANY home regardless of its value. The flat fee is about 3-5 thousand dollars for these realtors right now.