Economy

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After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee | TechCrunch (techcrunch.com)

submitted 1 year ago by Amoxtli@thelemmy.club to c/economy@lemmy.world

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[–] chemical_cutthroat@lemmy.world 28 points 1 year ago (4 children)

And if you think this will trickle down to the buyers price, I've got a bridge to sell you.

[–] Delphia@lemmy.world 7 points 1 year ago

Theres always been a big cry from non car enthusasts to just allow people to order cars direct from the manufacturer... like 1. The manufacturer wants the headache and 2. They would pass any savings onto the customer.

[–] thefartographer@lemm.ee 6 points 1 year ago (1 children)

Is it a nice bridge?

[–] chemical_cutthroat@lemmy.world 5 points 1 year ago (1 children)

I've never seen it, but I hear it's great.

[–] thefartographer@lemm.ee 6 points 1 year ago (1 children)

How have you not seen your ow- oh... I get it now...

You're some sort of middleman! Sure, I'm in.

[–] chemical_cutthroat@lemmy.world 3 points 1 year ago (1 children)

I literally just had my account locked on Steam for making a joke about asking for a credit card number, so I'm gonna go ahead and end this here before I get banned from Lemmy.

[–] thefartographer@lemm.ee 2 points 1 year ago

Got it. Yeah, I'll send you my bank account information in a private message since credit card numbers get people banned from the internet. If you prefer, I can instead fax you some cash.

Why does my fax machine say "cross cut"?

[–] itsnicodegallo@lemm.ee 5 points 1 year ago* (last edited 1 year ago) (1 children)

Oh, it's much worse than that. The suit argued that property owners felt like it wasn't fair that they had to pay a 3% commission to get their property sold, filed a suit, won, and now, they're starting a service that forces the prospective buyer to pay additional flat fees per house tour and additional flat fees per offer they make, all of which was previously free for the prospective buyer.

[–] chemical_cutthroat@lemmy.world 2 points 1 year ago

Yeah, that's exactly my point. This won't make anything cheaper. The people that set the price will continue to profit. All we did was move money from one pocket to another, but the pants are still on the same asshole.

[–] yeahiknow3@lemmings.world -1 points 1 year ago (1 children)

So… if people stop paying a rent-seeking middleman to buy and sell their goods, you don’t think this would affect prices?

[–] chemical_cutthroat@lemmy.world 2 points 1 year ago (1 children)

Not as long as we live in a capitalist society.