Home buying often comes with high commission fees, much like the premiums seen in car sales or mandatory tax software in some states. While these services are available if one chooses them, I believe that real estate commissions should be federally capped rather than required by law. Living in a high cost-of-living area, I’ve seen these fees add around $60k to a home’s price. What are your thoughts on limiting these mandated charges?
Fascinating idea! Would capping fees shift costs elsewhere? I wonder if any alternative models have shown unexpected effects in other sectors. What do you think might be the best way to balance regulation with market forces?