Birdwatch Note Rating
2024-03-16 17:25:36 UTC - NOT_HELPFUL
Rated by Participant: 40FA8668471338250A1AB216F51FD98CB106EC8852CB9437BF71C2DA7451F782
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
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