Birdwatch Note Rating
2024-03-17 03:16:19 UTC - HELPFUL
Rated by Participant: B0A7164CCD2C55D5C8477CCDE8C88C0B9BEF2DDB464757B4C2D2D2123CF8D1E7
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