SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (14505)10/24/2003 6:30:49 PM
From: ildRead Replies (2) | Respond to of 306849
 
Well, with or without Internet I think RE agents are overpaid. I'm in So. Cal. Five years ago houses here were two times cheaper and it'd take a lot more time and energy to buy/sell one. So now RE agents making twice the money for doing half the work.



To: Tradelite who wrote (14505)10/25/2003 6:56:53 AM
From: MicawberRead Replies (1) | Respond to of 306849
 
Trade:

Your contentions sound ominously similar to those made by full service stock brokerage houses prior to and during the dramatic ascent of online discount brokerages.

The bottom line: Listing and selling a house, like hawking a stock, ain't rocket science. Especially in a bull housing market.

The NAR is on the run, just like Merrill, SB, and all the other big guys back in the 90's. And like them, the big RE guys will all figure out how to survive, probably by acquiring discount operations themselves.

And besides, there are always people that are still stupid enough to pay full commission because they haven't figured out how easy it is to sell your own home in a real estate bubble.