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Yeah I saw this a lot -- real estate people would recommend someone for some kind of independent opinion, but that person has a long-term relationship with them
by chubot 3y ago
Yeah I saw this a lot -- real estate people would recommend someone for some kind of independent opinion, but that person has a long-term relationship with them (passing referrals), but no relationship with you
The problem is inherently that most people are buying a home for the first time. Or they buy maybe 3 to 5 homes in their life.
So it's very easy to build up an information asymmetry / cartel there
- bmitc 3y agoAgreed. It's the ultimate of example of "I know a guy". Haha.