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 08-09-2024, 08:44 PM
SoCalGal SoCalGal is offline
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Quote:
Originally Posted by Plinker View Post
They just don’t realize it. This ruling is designed to prevent this such that each party pays their own agent’s fees.
No; the purpose of the class action agreement is to force transparency into the transaction. Some sellers--such as "retiredguy" in this thread--still thinks he didn't pay the buyer's agent. He thinks this because there was no transparency. Under the new rules, now there is.