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    Redfin is already trying to defend against a new flat-fee real estate startup

    By Mary Ann Azevedo,

    2024-08-30
    Read in NewsBreak
    Comments / 34
    Add a Comment
    SydG1
    09-01
    Buyers are the losers in this new arrangement. They are already spending on the home. I have bought 5 homes and know the process. I won’t be using a buyer agent on #6 on next relocation. Here’s the thing…are sellers going to lower asking without the expense of buyer agent commission? Likely not. Will they be more negotiable? Maybe some will and maybe some will not. Will fair market value dictate, most likely. Fair market value is what a buyer is willing to pay and this buyer is not willing to pay for buyer agency.
    Chief Ethics
    09-01
    The people are going to be caught in the middle of this cartel territory and profit disputes. Some shady deals "Because no buyers agent" Retalliations and blame for flat market because of flat fees. The crying over that 3% extra stake in all real estate for sale is real bacon and fat. With such an inflated market good wages could be likely still made with 2% seller and 1.5% buyers agent. Let's not treat and confuse the public with the impossibilities of financial real estate reform. We know flat fees is no haggling so the charm and whatever ain't worth much any more.
    View all comments
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