When the dust settles, 1% listing fee and 3% selling fee will be the norm when 6% was the norm. Its already happening here in Southern California.
Disruption, yes but not devastation.
“1% listing fee”
Listing is a lot of work, so upfront compensation is appropriate.
However, houses are often put up for sale simply because their owners are in a financial bind.
Probably, a mix of payment models will have to exist.
You get what you pay for...sellers beware!