Compass CEO Reffkin believes agents will still be valued in a post-settlement world
Housing Wire
MAY 8, 2024
First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. We found that more than 99% of new listings in March included offers to pay the buyer’s agent. Furthermore, more than 96% of all listings included offers of 2% or more, and more than 67% are offering to pay 2.5%
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