The Steinmetz Blog

Your link to the Vermont real estate network.

Brian Steinmetz Brian Steinmetz

Living in Stowe, VT

Stowe might be a global destination, but locals still wave when they pass you on the Rec Path.

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Real Estate Brian Steinmetz Real Estate Brian Steinmetz

NAR Settlement

One of the key points of contention was the commission structure for real estate agents. Typically, the seller pays a commission that is split between the seller's and buyer's agents. Although this and everything else in real estate has always been negotiable, critics claimed that this system discouraged negotiation on commission rates and kept them artificially high, reducing the overall competitiveness of the market.

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Brian Steinmetz Brian Steinmetz

Unpacking the Housing Crisis

In Vermont, regulatory burdens like Act 250 have also played a significant role in limiting the production of new housing units over time. One of the most egregious examples is that of the 10-5-5 rule, which requires developers to seek additional regulatory review if they wish to build more than 9 units within 5 miles within 5 years, adding cost and time to developments with higher density.

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