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Real estate industry changes are underway as Compass settles antitrust claims with a $57.5 million payment. This settlement aims to increase transparency between agents and clients, potentially impacting veterans. The industry is shifting towards more consumer-friendly practices, with a focus on reducing fees paid by American consumers. There is a call for credible compensation coaches to help homebuyers and sellers save money, aligning with the goal of saving $10,000 on average for consumers. Critics view offers to compensate buyer agents as bribes, suggesting that sellers should reduce prices instead.
#Save_10K: Critics call offer to compensate #BuyerAgent a BRIBE Whenever homebuyers see offer to compensate buyer agents think seller signaling willingness to reduce asking price Instead of compensating buyer agent, ask seller to reduce price & get #Fee4Savings help a la Carte https://t.co/WXM0qNm6il
#Save_10K: Critics call offer to compensate #BuyerAgent a BRIBE Whenever homebuyers see offer to compensate buyer agents think Seller signaling willingness to reduce asking price Instead of compensating buyer agent Ask seller to reduce price & get #Fee4Savings help a la Carte https://t.co/F7ucyLDPCW
Will #CompensationREvolution help consumers save #Save_30B? Beyond educational materials is need for credible compensation coaches to help homebuyers & sellers realize @POTUS goal - #Save_10K on average Explore a la carte money-saving options proposed in @RichmondFed paper? DM https://t.co/XBKQG3VrZC https://t.co/SldHXNWUlN