Bad Deals Only Ep. 6 | Referral Fee Traps & Handshake Deals Gone Wrong
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Bad Deals Only Ep. 6 | Referral Fee Traps & Handshake Deals Gone Wrong
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How tech platforms quietly flip the commission structure and sell agents back their own clients.
Nick and Seth dig into the referral-fee machine taking 30 to 40 percent off the top, why handshake deals get people burned, and what actually protects you when someone refuses to pay after closing.
In this episode:
- Compass, Coldwell Banker, and the future of mega brokerages
- Zillow, FastExpert, and referral platforms taking huge cuts
- Getting burned on handshake deals
- Protecting yourself with contracts and mechanics liens
- What happens when someone refuses to pay after closing
- Snowstorms, Super Bowl slowdowns, and market timing
Hosted by Seth Williams (Reference Real Estate) and Nick Nardone (real estate attorney). More at sellinboston.com.
For entertainment only. Nothing here is legal, financial, or real estate advice.
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