Linkage: Are Realtors Overpaid?

Today’s Originations linkfest with some of my favorite housing links this weekend.

– Top 5 websites capturing larger share of real estate traffic (InmanNews)

– Good post and comments on Realtor commissions (Alex Tabarrok, Marginal Revolution)

– Realtors control 45% of homebuyers lender choice (HousingWire)

– Did underwater mortgages kill the economy? (Zachary Goldfarb, WashingtonPost)

– “Housing bubble talk is likely overdone.” (Case Shiller guru David Blitzer)

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Follow The Authors:
@margrev, @housingwire, @SPDJIndices, @inmannews, @Goldfarb

Wayne says:

May 13, 2013 at 9:38 am

Being a Realtor, I suggest that the extra 9.5 days on market and the slightly higher price may be a result of their willingness to negotiate harder and stronger with a Buyer than a non-Realtor Seller would be willing to do. Another possible reason is that many Sellers badly over- price their homes, causing Buyers to ignore or lowball them to the point where the Buyer will take a weak offer.

Reply
Wayne says:

May 13, 2013 at 9:38 am

Being a Realtor, I suggest that the extra 9.5 days on market and the slightly higher price may be a result of their willingness to negotiate harder and stronger with a Buyer than a non-Realtor Seller would be willing to do. Another possible reason is that many Sellers badly over- price their homes, causing Buyers to ignore or lowball them to the point where the Buyer will take a weak offer.

Reply

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