Y
Hacker News
new
|
ask
|
show
|
jobs
by
nugget
2654 days ago
In your model you’d simply shift (even more) corruption onto the appraisal process.
2 comments
jliptzin
2654 days ago
Still, even if a home appraises for 25% less than it otherwise should, that's still a vastly better compensation scheme than our current system.
link
manny_hasyrs
2654 days ago
This will make buying a home very unattractive as an investment.
link
jliptzin
2654 days ago
How does changing a real estate agent’s compensation scheme suddenly make home buying a poor investment?
link
opportune
2654 days ago
homes shouldn't be investments anyway
link
snovv_crash
2654 days ago
Then you need independent appraisals where you pay for the service, but they pay a penalty based on how inaccurate their appraisal is.
link