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 08-08-2024, 04:44 PM
BostonTom BostonTom is offline
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Required really people will just start going to open houses or contacting the listing agent. No buyers are going to pay buyers agents 2.5. Do you really think that the seller is going to pay the 5% or 6% when they can pay 2.5. there will be plenty of agents willing to accept the 2.5%. and complete the transaction. The consumers are in the driver seat they have options. Realtors care about what is best for them the commission not what's best for other realtors. There will be a MLS realtor within the Villages who will start listing house at 2.5 percent running open houses accepting offers right from the buyers which will put the other realtors in a position were they will have to do the same if they want to stay in the business.

Last edited by BostonTom; 08-08-2024 at 05:00 PM.