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by fma
2653 days ago
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Statistically, per freaknomics, a realtor selling their own home lists their house 10 days longer so they can get a better offer. https://www.bankrate.com/finance/real-estate/real-estate-age... Levitt and Dubner found that, on average, self-listed homes stay on the market an extra 10 days, prompting the authors to hypothesize that agents might be a little more aggressive about their own homes because a 3 percent fluctuation makes a fair difference on the total sale price, but not that much of a difference when it comes to the commission. |
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Your link identifies the only actual service that realtors provide: objectivity. Houses are worth what buyers will pay for them. The realtor who can predict what price a house will fetch in the near term is providing a service. Permanent realtor's signs indicate failures of objectivity.