Almost No One Pays a 6% Real-Estate Commission–Except Americans

Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by japanuspus on Friday November 17, 2023 @08:47AM (#38303473)

Where I live (Denmark), the real estate guild has captured the market by building the de-facto listing portal and only making it available to registered brokers. Sounds great if the US portal (MLS?) is available to all listings.

For selling a small plot of land I got so angry about the fees for nothing that I paid an obviously rogue broker to proxy-list the thing. This guy was charging half of what the other brokers were (still way too much), and did not do anything except upload documents from me.

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by aabajian on Friday November 17, 2023 @09:01AM (#38303632)

The MLSes in the US are all under the Realtor group. The selling agent has to agree to pay the buyer agent's fee in order to list. This is one of the main points of the trial. Sellers cannot list a house in the most popular (only?) listing system without committing to the buyer's-agent fee.

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by Keyframe on Friday November 17, 2023 @11:43AM (#38306006)

At least there are seller and buyer agents. In Croatia it's one agent that is between buyer and the seller. What could go wrong, right? It's a scam.

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