Why flat fee brokerages struggle

Sellers beware — Why America’s real-estate brokers are such a rip-off | United States | The Economist

Consumers don’t do what’s best for them, they do what’s familiar.

The three prevailing reason why flat-fee brokerages struggle.

  1. Call it, the national presence effect.

Traditional 5/6% fees will be extinct by 2025

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John Fulton

John Fulton

Proptech contemplative. Obsessed with marketplaces.