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So are you saying that realtors don't on average keep their own houses on the market 10 days longer than they keep client houses? We don't need to fully underst
by jeremyjh 14y ago
So are you saying that realtors don't on average keep their own houses on the market 10 days longer than they keep client houses? We don't need to fully understand the incentives to know they are different if we know the outcomes are different.
- pacaro 14y agoI'd love to know what the distribution of this is. If you pick a realtor at random it appears to be "worse" than not using a realtor, but what is the variance? I suspect that a good realtor is probably going to get you a better price, I'm pretty certain that a bad one won't! When I bought my current property the seller used a listing only service and pretty much screwed up every part of the transaction that was possible to screw up (missed deadlines, filed the wrong papers, failed to show up for closing for 3 days...) - I nearly walked away, in retrospect I should have, this is basic stuff that even a sucky realtor will get right.