Sales commissions for residential real estate brokers historically average nearly six percent of a home’s closing price. Do brokers add sufficient value to justify those commissions? We address this question using a unique data set pertaining to sales of faculty and staff homes on the Stanford University campus. We find no evidence that the use of a broker leads to higher average selling prices, or that it significantly alters average initial asking prices. However, those who use brokers sell their houses more quickly.Real Estate Agents, Revisited - Freakonomics
William, if you want to cooperate or coordinate some support actions, you could connect to Jonas Ohmanas, the head or organisation Blue/Yellow. He is legit and active supporter of Ukraine. https://www.blue-yellow.lt/en/
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https://www.bogleheads.org/wiki/Variable_percentage_withdrawal
Post: Spending It
Link to comment from January 11, 2025
Sales commissions for residential real estate brokers historically average nearly six percent of a home’s closing price. Do brokers add sufficient value to justify those commissions? We address this question using a unique data set pertaining to sales of faculty and staff homes on the Stanford University campus. We find no evidence that the use of a broker leads to higher average selling prices, or that it significantly alters average initial asking prices. However, those who use brokers sell their houses more quickly. Real Estate Agents, Revisited - Freakonomics
Post: Cutting Their Cut
Link to comment from February 15, 2022
William, if you want to cooperate or coordinate some support actions, you could connect to Jonas Ohmanas, the head or organisation Blue/Yellow. He is legit and active supporter of Ukraine. https://www.blue-yellow.lt/en/
Post: Wasted Journey?
Link to comment from January 15, 2022