Birdwatch Note Rating
2024-03-17 02:22:36 UTC - HELPFUL
Rated by Participant: 5F3E12B4593FC44DC250FE54005E37B4C0729940DFA8373461D8F4A603B10889
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