Well, this has the potential to be HUGE. I was lucky enough to avoid this and buy directly from an elderly couple decades ago but these fixed commissions have always bugged the hell out of me especially in this ago of internet info and images and video being so readily available. It ain't 1985 anymore.
Realtor settlement on commission-fixing could create seismic changes in how Americans buy homes
Realtor settlement on commission-fixing could create seismic changes in how Americans buy homes
The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement of landmark antitrust lawsuits by agreeing to pay $418 million in damages and eliminating rules on commissions. - CNN