Purplebricks wants agents to be forced to publish commission rates

This article discusses the commission rate of realtors. It begins to discuss how it should be more difficult to become one that way it’s less stress for potential home owners. It then also discusses that if there is two neighbors that have the same agent in the same neighborhood,that the commission r rate and the sales the commission rate could potentially be different for the agent for both of the homes in that neighborhood. Which could cause problems or might even help the situation that is occurring st the moment.

Key Takeaways:

  • The UK government states that Purplebricks must state its agents qualifications.
  • Purplebricks must clearly state its fees of its hired agents.
  • Purplebricks is also active in the higher regulated countries of Australia and the US.

“government should “reconsider requiring all agents to be transparent and publish their commission rates or fee levels.”

Read more: https://www.estateagenttoday.co.uk/breaking-news/2018/4/purplebricks-wants-agents-to-be-forced-to-publish-commission-rates?source=newsticker