{"id":302,"date":"2024-05-08T18:25:00","date_gmt":"2024-05-08T18:25:00","guid":{"rendered":"https:\/\/christiedilemme.com\/blog\/?p=302"},"modified":"2024-05-08T18:25:00","modified_gmt":"2024-05-08T18:25:00","slug":"warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well","status":"publish","type":"post","link":"https:\/\/christiedilemme.com\/blog\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\/","title":{"rendered":"Warren Buffett’s Perspective: Real Estate Agent Commission Structure “Has Worked Out Very Well”"},"content":{"rendered":"

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett and Greg Abel, CEO of Berkshire Hathaway Energy, weighed in on the commission lawsuits and the recent settlement announced by HomeServices of America.<\/p>\n

Abel highlighted the industry’s impending transitions due to settlements, noting that major players, including the National Association of Realtors, settled for over $400 million.<\/p>\n

Despite these changes, Abel emphasized the enduring importance of real estate agents in transactions, citing their counseling guidance as pivotal.<\/strong><\/p>\n

Regarding HomeServices of America’s responsibility for the settlement payment, Abel assured stakeholders<\/a> of the firm’s capability to fulfill this obligation.<\/p>\n

Buffett delegated settlement details to Abel, expressing satisfaction with the process. Reflecting on the efficacy of the commission structure, Buffett acknowledged its success, citing his long-standing observation of the real estate system.<\/p>\n

\u201cPeople do negotiate down commissions to some extent, but I can tell you, I\u2019ve looked at the figures and I think the system has really worked out very well,\u201d Buffett told shareholders.<\/p>\n

While acknowledging the potential impact of negotiations on commission structures, Buffett expressed doubt about the possibility of a superior alternative.<\/p>\n

Buffett disclosed his reluctance to negotiate down agent commissions, underscoring his trust in their value even in high-value transactions, such as his last home sale exceeding $7 million.<\/strong><\/p>\n

Overall, Buffett and Abel’s remarks underscored their confidence in the enduring role of real estate agents amidst industry changes and settlements.<\/p>\n

It would be my honor to step into the role of your real estate agent for buying, selling, and\/or investing in Florida real estate.<\/p>\n

As always, Call\/Text me directly at (561) 644-0578<\/a>. It would be my absolutely pleasure to assist you.<\/p>\n

Making Your Florida Real Estate Dreams a Reality\u2026<\/em><\/p>\n

Christie Di Lemme
\nFlorida Homes Realty & Mortgage<\/p>\n","protected":false},"excerpt":{"rendered":"

At Berkshire Hathaway’s annual shareholder meeting, Warren Buffett and Greg Abel, CEO of Berkshire Hathaway Energy, weighed in on the commission lawsuits and the recent settlement announced by HomeServices of America. Abel highlighted the industry’s impending transitions due to settlements, noting that major players, including the National Association of Realtors, settled for over $400 million. […]<\/p>\n","protected":false},"author":2,"featured_media":303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","entry","has-media"],"yoast_head":"\nWarren Buffett's Perspective: Real Estate Agent Commission Structure "Has Worked Out Very Well" - Christie Di Lemme<\/title>\n<meta name=\"description\" content=\"Warren Buffett disclosed his reluctance to negotiate down agent commissions, underscoring his trust in their value even in high-value transactions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/christiedilemme.com\/blog\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Warren Buffett's Perspective: Real Estate Agent Commission Structure "Has Worked Out Very Well"\" \/>\n<meta property=\"og:description\" content=\"Warren Buffett disclosed his reluctance to negotiate down agent commissions, underscoring his trust in their value even in high-value transactions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/christiedilemme.com\/blog\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\/\" \/>\n<meta property=\"og:site_name\" content=\"Christie Di Lemme\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-08T18:25:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/christiedilemme.com\/blog\/wp-content\/uploads\/2024\/05\/man-8203864_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"973\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christie Di Lemme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christie Di Lemme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/\"},\"author\":{\"name\":\"Christie Di Lemme\",\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/#\\\/schema\\\/person\\\/89556f789df70c66644acedb6cd11d6f\"},\"headline\":\"Warren Buffett’s Perspective: Real Estate Agent Commission Structure “Has Worked Out Very Well”\",\"datePublished\":\"2024-05-08T18:25:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/\"},\"wordCount\":304,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/man-8203864_1280.jpg\",\"articleSection\":[\"Articles\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/\",\"url\":\"https:\\\/\\\/christiedilemme.com\\\/blog\\\/warren-buffetts-perspective-real-estate-agent-commission-structure-has-worked-out-very-well\\\/\",\"name\":\"Warren Buffett's Perspective: Real Estate Agent Commission Structure \\\"Has Worked Out Very Well\\\" - 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