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There is a brand-new study being touted in the industry that discusses the state of your commissions/fees since the Sitzer Burnett settlement. The study by the Consumer Policy Center is eye-opening in the omissions and obfuscations made to reach the predetermined conclusion that real estate agents are doing workarounds in order to preserve pre-settlement commission rates. Oh, the greed that you must possess for wanting to get paid for your work. The study ignores the new settlement rules in place and places outweighed value on agents trying to maintain status quo instead of following market forces. The study also suggests that real estate agents, unlike any other profession, should cut commissions and fees simply because it would be good for the consumer!!!!! Try to get your doctor to cut his fee because it would be good for you. What a joke!! Don't forget to like us and share us! Gary Introduction and Overview Starts at 0:00 Consumer Policy Center Study Starts at 3:00 Real Estate Commission Structures Starts at 9:00 Defending Agent Commissions Starts at 15:00 Policy Implications and Future Outlook Starts at 21:00 Here are some key takeaways from the episode on real estate commissions: Real estate commissions have been a contentious issue for years. The Consumer Policy Center's study highlights ongoing debates about commission structures. Agents need to articulate their value to defend their commissions. The market has seen varied commission rates across different regions. Policy changes could significantly impact real estate commission structures. The decoupling of commissions is a controversial topic in the industry. Real estate agents play a crucial role in navigating transactions. The study suggests that commission rates have not significantly changed recently. There is a call for more transparency and negotiation in commission rates. The episode emphasizes the importance of understanding market dynamics. Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.