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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > Realtor Commission Changes
View:
Post by shneps on Mar 15, 2024 11:41am

Realtor Commission Changes

Here is a huge value savings to Greenbriar shareholders. Imagine instead of having to pay the 6% sale commission fee that it actually gets reduced to the proper 2-3%. That is a free cash flow savings of over $12M+ that can be distributed to shareholders through the divide sharing.
Excellent shareholder value.
Lets hope it gets implemented.

https://www.cnn.com/2024/03/15/economy/nar-realtor-commissions-settlement/index.html
Comment by tylerreddick on Mar 15, 2024 1:05pm
Nice try, but more than likely it will be the buyers who reap most of the benefit. And if it means a lower purchase cost in the end, that will help sell the houses.
Comment by TeamEddie on Mar 17, 2024 1:59pm
You are so quick to defend your bias you attack when a positive statement is made  I assume you have never sold a house but trust me, you pay a % to realtor, this change would reduce the amount paid saving GRB $$
Comment by TeamEddie on Mar 17, 2024 2:00pm
For the average-priced American home for sale — $417,000 — sellers are paying more than $25,000 in brokerage fees.
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