• Are Buyer's Agents Going to be Put Out of Business? DOJ says, got to change

  • Apr 20 2022
  • Length: 22 mins
  • Podcast

Are Buyer's Agents Going to be Put Out of Business? DOJ says, got to change

Listen for free

View show details

  • Summary

  • The Department of Justice is in oral arguments right now attempting to break the offered compensation from listings agents (paid by sellers) to buyer's agents. The DOJ's argument is those business models that charge and promote 6% commission controlled by the listing agent is an anticompetitive business practice.  The DOJ points directly to founder of Keller Willians, Gary Keller, as the lead promoter of this sham of the American people. If the DOJ prevails buyer's agents may have to get paid differently. Maybe some combination of the seller, the listing agent: but more likely than not - from the buyer or possibly through buyer incentives or seller concessions. Keith Robert Gordon founder of Altru Realty believes even if the DOJ prevails the buyer's agent role will remain, and the thinking should be "my fee" will get paid at "closing": meaning that buyer's agents must learn how to offer their services for a "fee" just the way listing agents have to overcome at times explaining 6%. Keith explains the logic and what to be prepared for. 
    Show More Show Less
Show More Show Less

What listeners say about Are Buyer's Agents Going to be Put Out of Business? DOJ says, got to change

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.