Name:	Lifer -	Reply
Subject:	It's about time
Date:	3/17/2024 7:35:19 AM

https://www.breitbart.com/economy/2024/03/16/video-historic-moment-national-association-realtors-settlement-changes-six-percent-commission-policy/

Colluding on commision rates turns out to not be so legal.

Name:	MartiniMan -	Reply
Subject:	It's about time
Date:	3/18/2024 8:23:31 AM

Will be interesting to see if this changes anything.  I know for my last two home sales and purchases is I negotiated with my broker to lower my commissions.  Best part was on my home sale where I got them to agree to a max of 4% (1% to my broker, 3% to buyers agent if there was one, otherwise my broker gets the 4% if they brought the buyer).  On the purchase I really had no control so they got whatever the seller agreed to, which of course I paid for.

What I was surprised by was this killed Zillow's stock but helped other real estate stocks.  Not sure I understand why.