A new class-action lawsuit takes aim at real estate agents and their 6% fee

Re:A new class-action lawsuit takes aim at real estate agent... by linsomniac on Tuesday March 19, 2019 @04:46PM (#19435655)

Note they said "less than 40 hours", so that's "at least $300/hour". I feel like my buyers agent, who I really liked, worked more like 10-20 hours for $9K, for $450-$900/hour.

Don't get me wrong, I really liked her and she did a great job, but I'm not sure she did $9K great...

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Re:A new class-action lawsuit takes aim at real estate agent... by sokoloff on Tuesday March 19, 2019 @10:19PM (#19438296)

It’s at least that figure for engagements that result in a transaction. That doesn’t take into account the people they spend 40 hours with and don’t end in a transaction.

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Re:A new class-action lawsuit takes aim at real estate agent... by ninkendo on Tuesday March 19, 2019 @09:41PM (#19438100)

I feel you. I just bout a $715k house largely because I found it online, and went through an agent to show me the house and, I guess, do some paperwork for me? Her company made $21k off of the seller, and I'm sure she took at least half of it.

Probably 10-20 hours of work in total.

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