Quote:
Originally Posted by Boomer
6% has always been too much, and as house prices shot sky-high, those commissions became an obscenity. I don’t even want to start thinking about what those commissions would come out to be in an hourly wage. Yeah. I know. They work soooo hard. But c’mon — thousands and thousands and thousand — for how much time???
It’s been so wrong for so long, but this so-called solution does not make sense.
Here’s an obvious question — or maybe it’s a dumb one. But why not have buyers’ agents work for an hourly wage?
Next obvious, or dumb, question: Wouldn’t it make sense to just call each listing agent? (Not easy to find out with TV houses but with the MLS it is.) Savvy buyers know how to do their homework and should be comfortable without someone who is “representing” their interests because some buyers can do that themselves.
Maybe I am being obtuse, but this whole thing looks like a convoluted mess of stress for buyers and sellers. Am I missing something?
Boomer
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Not obtuse but maybe oblivious to the subject.
I think you posted this under the wrong thread. It happens to most of us sooner or later.
