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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (9477)	3/9/2003 1:07:08 PM
From: Lizzie Tudor	Respond to of 306849

its about time... The 6% solution Home sellers looking for ways around the usual real estate commission "This industry needs to be shaken and stirred," Danziger said. "Certainly you could see commissions at 6 percent when home prices were at $40,000," he added. "But when you have houses that cost $400,000, that's not fair, particularly with the amount of work done." sfgate.com

To: Lizzie Tudor who wrote (9477)	3/9/2003 1:20:26 PM
From: Elroy Jetson	Respond to of 306849

Where was McKinsey in 2000 with this sage advice is what I want to know. I've always found McKinsey to quickly follow and articulate trends, and in doing so claim they're in the lead. McKinsey seems right because they always agree with the current consensus. Just don't examine the wisdom of McKinsey over time. There's no coherent insight contained therein, other than changing fashions.