Birdwatch Note Rating
2024-03-17 11:07:32 UTC - HELPFUL
Rated by Participant: 6069A16B4890DD2A9CCCC1D922C68269808388C9FAB4BED9884CB2C771A2A77E
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