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Originally Posted by frayedends
It is interesting to see how this plays out in the long run. There’s lots of things that could happen. Buyer agent may offer a flat fee rather than commission.
The VLS thing is interesting too. If they now charge 6% commission on resales and MLS agents lower their commission to 3% then that would definitely incentivize VLS needing to compete.
How the MLS buyers agents get paid going forward will be interesting. No one works for free.
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Correct. They don’t work for free and thus...may drive some (agents) from the profession