Birdwatch Note Rating
2024-03-16 17:06:07 UTC - HELPFUL
Rated by Participant: 6C5A79ECE1E9434D4AF1468A3CE7CE175921A705D74CA7D5A3DC46284C3B9559
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