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 tomp on Tuesday March 19, 2019 @06:12PM (#19436600)

> That's $300/hr. Similar to what lawyers ask.

Do agents carry the same (legal) responsibility as lawyers / doctors though?

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Re:A new class-action lawsuit takes aim at real estate agent... by dd36 on Tuesday March 19, 2019 @08:13PM (#19437554)

Yes. They’re fiduciaries.

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Re:A new class-action lawsuit takes aim at real estate agent... by mindslight on Tuesday March 19, 2019 @10:18PM (#19438290)

Hahahahahaha. Everyone hires a Realtor(tm), once.

My experience: the one time she actually had to facilitate a showing of the house, the alarm system got set off. And when the buyers asked to change the closing date (after plane tickets were bought), she agreed and told us we had no choice. The attorney set them all straight.

A realtor's primary skill seems to be getting you to sign the listing contract.

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Re:A new class-action lawsuit takes aim at real estate agent... by graysonk on Wednesday March 20, 2019 @02:08AM (#19439469)

I thought that was just Real Estate Brokers and not Agents?

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Re:A new class-action lawsuit takes aim at real estate agent... by dd36 on Thursday March 21, 2019 @10:55AM (#19453008)

AFAIK all licensees are fiduciaries and in any event the broker is responsible for the agent.

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