They Don’t Want You to Know This: How the Real Estate Cartel Just Got Busted (But They’re Still Trying to Overcharge You)
August 2024. Remember that date. That’s when the real estate world finally started to crumble. The National Association of Realtors (NAR), the self-proclaimed gatekeepers of the industry, got slapped with a settlement that’s supposed to level the playing field for home buyers.
What Changed?
- They Have to Tell You the Truth (Finally): Buyer agents now need written agreements. Translation? They can’t hide their fees anymore.
- A Little Transparency on Commissions: Buyer agent commissions were always hidden in the listing price, and TOO HIGH.
What This Means for You, the Buyer:
- Cash Back at Closing: Now you can get the buyer agent commission credited to you at closing, minus BuySelf’s $999 to $5999 flat fee, $8,000 on an average home.
- You’re in Control: No more being led around by the nose. Make your own professionally informed decisions.
- You See Everything: Find the right house for you, not the one that makes your agent rich.
But Here’s the Catch:
The old guard isn’t going down without a fight. They won’t tell you about it. Might even tell you nothing changed but “some paperwork.” They’re telling sellers to keep paying those inflated commissions, and they’re still trying to convince buyers that their services are “free.” Don’t fall for it.
BuySelf’s Role:
BuySelf is at the forefront of this revolution, offering transparent, flat-fee services that empower buyers to take control of their home buying journey and get thousands of dollars back at closing.
