[dano]

The fees to the buyer on the sale of a $1.1m house are about $60,000 including broker fees of 5%, transfer, title, and many other fees. Fix that, attract buyers, and charge the seller $20k and you've got a heck of a good business.

My recent experience in selling a property is that no buyers could find the property and contact me until I hired an agent. Listing it FSBO resulted in calls from agents, not buyers. Every agent had a horse in their stable that they wouldn't share with me unless I paid them a commission.

Figure out how to make it emotionally and legally safe for buyers to acquire property without an agent and I think that would help. All to often we think we need representation, which is expensive, when we actually don't.