3 ms·
> the vast majority of their compensation comes from the house getting sold at all, and the gain from anything beyond that is weak You might find this study[1]
by elliekelly 8y ago
> the vast majority of their compensation comes from the house getting sold at all, and the gain from anything beyond that is weak
You might find this study[1] interesting:
>Our central finding is that, when listings are not tied to brokerage services, a seller's use of a broker reduces the selling price of the typical home by 5.9 to 7.7 percent, which indicates that agency costs exceed the advantages of brokers' knowledge and expertise by a wide margin.
[1]https://www.nber.org/papers/w13796.pdf https://www.nber.org/papers/w13796.pdf