Bigger picture is that agents conventionally get 6%, which is obnoxious in the I... | Hacker News

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valas on July 7, 2017 | parent | context | favorite | on: Real estate site Redfin files for IPO

Bigger picture is that agents conventionally get 6%, which is obnoxious in the Internet age. Sure 1% maybe is not much, but anything that helps to squeeze that industry is great. No?

dforrestwilson on July 7, 2017 | [–]

Yes. Is there even another real estate market in the world where intermediaries capture so much of the gain on sale?

fizixer on July 7, 2017 | [–]

Maybe. Though I haven't gotten over the obnoxious housing prices in the first place, so I guess I'm not seeing what you're seeing.

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