Talk of The Villages Florida - View Single Post - Will new real estate law on August 17th dramatically lower realtor commissions?
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Old 08-06-2024, 05:58 AM
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What most don’t realize is the law will help real estate and bring down prices. For years real estate was on a roller coaster ride mostly as an upward trend adding to inflation.

The main reasoning was commissions added to pricing like ponzi progression. Without those huge price increases to pay salesmen (AKA Realtors) for every transaction, prices will decline. Wait and see.

Think back to the 60s and 70s when you had life insurance salesmen striking it rich. The whole system eventually folded.
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