Would home prices in the US go down if they eliminated the 6% commission that brokers receive? The way Americans buy and sell homes is about to radically change, as the real estate market in the US is expected to undergo a major transformation. Starting this summer, home buyers in Miami will have to pay more for houses as a result of this change.
Many are questioning if eliminating the 6% commission typically paid to brokers would lead to a decrease in home prices. The impact of this potential change is being closely analyzed by experts and industry professionals.
This shift has the potential to significantly alter the way homes are bought and sold in the US. As the real estate market adapts to these changes, it is important for buyers and sellers to stay informed about how this could affect them.
If you’re in the market for a house in Miami, be prepared to pay more starting this summer. Stay tuned for updates on how this change could impact the real estate market in the US.