Their research spans the years 1998 to 2004, and its conclusions up-end the received wisdom passed on by real estate agents themselves, whose trade groups have in the past argued that agents’ commissions are justified by their ability to achieve a higher sale price.The complete article is available here.
“Our key finding is that Realtors do not offset the cost of their commission; they do not get you a higher price,” says Nevo. “Your cost for the Realtor is your full commission.”
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts
Monday, November 1, 2010
Home Sellers Using Real Estate Brokers Do Not Get A Higher Price
Posted By Milton Recht
From Kellogg Insight, "The Superfluousness of Realtors: Homes sold through Realtors don’t garner a price premium over ones sold by owners" based on the research of Igal Hendel, Aviv Nevo And François Ortalo-Magné:
Thursday, October 7, 2010
State Foreclosure Laws Comparison Chart
Posted By Milton Recht
RealtyTrac prepared a simple one page chart comparing foreclosure timelines and laws for each state and DC.
Clicking on a state provides additional information about the foreclosure process in that state.
The chart is available here.
Neither RealtyTrac nor myself make any claims about the accuracy of the information.
Clicking on a state provides additional information about the foreclosure process in that state.
The chart is available here.
Neither RealtyTrac nor myself make any claims about the accuracy of the information.
Related articles by Zemanta
- RealtyTrac: Chase and GMAC Could Prolong Housing Recovery (blogs.wsj.com)
- Home Foreclosures Gained 9% in July - RealtyTrac (dailyfinance.com)
- Reid aims to halt foreclosures in Nev. (politico.com)
- "US Foreclosures Continue To Stymie Housing Market Recovery" and related posts (dailymarkets.com)
- Legal chaos forces US banks to halt repossessions (independent.co.uk)
- Factbox: Foreclosure problems snowball (reuters.com)
- Foreclosures Were 24% of Second Quarter Home Sales (dailyfinance.com)
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