Fixed real estate commissions look to be "unfixed" by lawsuit settlement

[ClonerJams]

Realtor lawsuit settlement unburdens home sellers from heavy commissions. What now for buyers?

The settlement with the Realtors' association ended guaranteed commissions but could impose new costs on buyers already struggling to break into the market.

www.yahoo.com

 

[Cyforce]

The problem is most American's can't pull comps, are too cheap to get a good attorney, and most American's can't negotiate.

I'm have mixed feelings on this and will be curious how it all unfolds. The real estate industry is probably in the top-5 for hiring employees and have to assume this is going to crush some of these firms.

FSBO deals fall apart more often because without an agent to work out possible issues.