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PaperclipPerfector  8mo ago (text post)   3499 thread views

Small-Scale Question Sunday for March 17, 2024

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They've banded together and declared standard commissions, so they can't compete on price.

Given how commissions are structured they are incentivized to close deals fast instead of holding out for the best price.

Basically people want real estate agents in their network because they believe they are less likely to screw them.

They've banded together and declared standard commissions

Source? This article says that any explicit attempt to "declare standard commissions" would fall afoul of antitrust laws.

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