Quick question for the definitely more informed than I am about this new real estate game. I am listing my house and using a flat fee listing service. They are trying to keep the old guard of seller pays buyer's agent even after this new ruling. And the general is between 2-3%. They say it would keep me competitive and that buyer's agents will pass me by and not show my home.
The question is isn't that steering? And can I pursue any legal action? Should I pay 2-3% for someone to just show my home even though they should be getting that from the buyer now?
Ok, I guess quesions plural.
I don't have answers to all of your questions, but as far as is it steering, the answer is no. Steering is defined by the Fair Housing Act to be discrimination based on a protected class such as race, color, religion, gender, disability, familial status, or national origin.
Steer Clear of "Steering"
A recent investigation revealed that "steering" continues to be pervasive despite being illegal under the Fair Housing Act. Check out NAR’s guidance and learn how to avoid the prohibited practice here.
www.nar.realtor
