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This is a well known phenomenon that was documented in Freakanomics. The agents don’t care about chasing every last dollar they can unless it’s their own house.
by plank_time 5y ago
This is a well known phenomenon that was documented in Freakanomics. The agents don’t care about chasing every last dollar they can unless it’s their own house.
- chii 5y agoAgents tend to not have time issues, and so can wait for the best price possible. Sellers usually have some time limit they want to sell by.
- mwnivek 5y agoFor those who did not notice, both Freakonomics and the study being discussed in the linked article are based on the same research, with the same author Steven Levitt.