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Real Estate
Reply to "Will Realtors go the way of the DoDo bird?"
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[quote=Anonymous]It is a guild system and like all guilds they will fight tooth and nail to preserve their role. They may succeed by placing many legal and other obstacles in the way of people who want to do without them. But yes, from an economic perspective they play no useful role, just increase frictions by placing massive costs on people who would like to buy or sell. Their value-added in the days of redfin etc. is close to zero.[/quote]
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