Villages realtors are in the dark ages
Villages realtors have told me that The villages is not changing their compensation. Presently it cost sellers 5% to list a home with The villages, 3% goes to the selling agent and 2% to the buyers agent. They are not going to change that and they are NOT part of the class action lawsuit. If I was going to sell a home after August 17, I would not list with a Villages Realtor.
Right now, The villages gets slightly more listings than the MLS from people who are selling their home. I think this will change. When sellers figure out they only have to pay their broker 3%, I doubt they’d be willing to list with The villages and pay 5%. I think many more sellers will move Toward the MLS and list their properties through them.
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