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Freakonomics: Want to Jump-Start the Housing Market? Get Rid of the Realtors!
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2011 Jul 23, 6:20am 3,486 views 11 comments
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C Boy
2011 Jul 23, 7:35am
The sacred 6% commission has lasted much longer than I thought possible in the internet age.
The sacred 6% commission has lasted much longer than I thought possible in the internet age.
There are laws on the books in many states which prohibit internet selling of RE. Many of these laws were introduced by state RE associations. Had we not had these laws, Ebay long ago would have had booming listings and sales.
B.A.C.A.H.
2011 Jul 27, 12:10am
The sacred 6% commission has lasted much longer than I thought possible in the internet age.
The sacred (...) has lasted much longer than I though possible in the (...) age.
The sacred teacher tenure has lasted much longer than I thought possible in the declining tax revenue age.
C Boy
2011 Jul 27, 12:52am
Not all states have tenure for teachers.
Not all states have teachers unions.
California is just lucky I guess.
There are laws on the books in many states which prohibit internet selling of RE. Many of these laws were introduced by state RE associations. Had we not had these laws, Ebay long ago would have had booming listings and sales.
Except, eBay would take ALOT more than 6%. Then another 12% because transactions must happen via Paypal.
Except, eBay would take ALOT more than 6%. Then another 12% because transactions must happen via Paypal.
Ebay does charge a high fee, but not necessarily on cars. Here is the fee schedule for Ebay Motors:
http://pages.ebay.com/help/sell/motorfees.html
Paypal's fee would indeed suck, if you had to use it. Those guys need to be regulated like a bank -- they arbitrarily make up their rules and enforce them inconsistently and unfairly. We need some consumer protection in this realm.
PasadenaNative
2011 Jul 27, 3:39am
The sacred 6% commission has lasted much longer than I thought possible in the internet age.
The sacred (...) has lasted much longer than I though possible in the (...) age.
The sacred teacher tenure has lasted much longer than I thought possible in the declining tax revenue age.
Jerk.
B.A.C.A.H.
2011 Jul 27, 4:14am
APOCALYPSEFUCK is Tony Manero says
Realtors are exactly like terrorists and should be deported to Gitmo.
There you go again. It's Realtors®, okay?
Except, eBay would take ALOT more than 6%.
You get a heck of alot of transparency on ebay vs todays market.
From a study done on the Boston area, the paper abstract:
#housing