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Real Estate
Reply to "RedFin for Buying a House"
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[quote=Anonymous][quote=Anonymous]There was an article in the Economist magazine last week about why realtors don't like working with discount websites or buyers directly. It is all about protecting their inflated commissions. The big real estate companies and the state commissions collude to push out any buyers or sellers outside their system. In the US realtors get 6% commission, but the rest of the world is 2 or 3%- even London, Tokyo, etc. The online databases should help buyers and sellers connect without paying the middleman, but the middlemen are doing everything they can to make it as difficult as possible to avoid them.[/quote] Read this article too. Having worked internationally - it is so true. [/quote]
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