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Real estate agent incentives could distort housing prices

By Hicbd
Sat Sep 26 2020 12:17 pm

"The housing market remains inefficient, and the incentives for agents to maximize profits for their clients aren't powerful enough....they found that agent-owned homes, on average, stayed on the market 9.5 days longer and commanded median prices that were 3.7 percent higher than comparable homes owned by clients."

URL:
https://www.nytimes.com/2005/02/20/business/yourmoney/why-a-real-estate-agent-may-skip-the-extra-mile.html
https://freakonomics.com/2008/02/26/real-estate-agents-revisited/
https://blog.duvora.com/top-10-dirty-tricks-used-by-real-estate-agents/

URL Credit

Categories:
Consumer Protection / Safety Real Estate Investing Real Estate

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