Talk of The Villages Florida - View Single Post - NAR - Much ado about nothing? Realtor's Commissions.
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Old 04-02-2024, 02:24 PM
margaretmattson margaretmattson is offline
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Quote:
Originally Posted by retiredguy123 View Post
Apparently, the OP thinks that any commision paid to an agent just reduces the amount of money that goes to the seller. If that is true, then a seller would be foolish to pay any commission. Also, regarding a buyer's agent, as a seller, I would never allow a buyer's agent to receive any money from my side of the settlement statement. If a buyer wants to be represented by an agent, the buyer would need to negotiate and pay their own commission or fee.
NOW, there will be that option. This lawsuit places the fees paid (and how) into the hands of the seller. Where it should have always been. Maybe, for sale by owner will be more popular and accepted once everyone understands the new rule.