Birdwatch Note Rating
2024-03-17 14:44:31 UTC - NOT_HELPFUL
Rated by Participant: 10BB7AFDB85F88A1B55E005D69B0F37C4DFFD0B4C32A13AF352393AD8CFEAC70
Participant Details
Original Note:
The *mandatory* 6% commission is a hidden cost passed onto consumers aka home-buyers, and costs $200 Billion/year. That remains true in all cases. While real estate agents *may* improve information access, that isn’t strictly true when Zillow and other websites exist. https://consumerfed.org/wp-content/uploads/2019/10/Real-Estate-Commissioner-Report.pdf
All Note Details