HousingWire Daily
Damian Eales on recent commission lawsuits and the role of buyer agents
Apr 24, 2024
Damian Eales, CEO of Realtor.com, discusses commission lawsuits, the role of buyer agents in transactions, and contrasts Australian and US housing markets. They explore consumer protections, negotiation power, and the evolution of commissions in real estate.
23:07
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Quick takeaways
- Buyer agents provide crucial guidance in real estate transactions, emphasizing consumer protection.
- US housing market offers dual agency for buyer representation, highlighting MLS listings accessibility.
Deep dives
Importance of Defending Buyer Agents' Value
Realtor.com CEO, Damien Eales, discusses the importance of defending the professionalism and benefits brought by buyer agents to consumers. Amid debates on real estate commissions, realtor.com highlighted 111 crucial tasks performed by buyer agents to guide clients through significant financial transactions. The campaign aims to emphasize the unique support and expertise buyer agents provide, underscoring the need to recognize and amplify their value.
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