American property: The great realtor rip-off | The Economist

Should one generalize? Don’t some Realtors work very hard for both sellers and buyers? Should we look down upon discounters? Don’t some people work the numbers game while others work quality and yet still others work both?

IN BRITAIN, if you want to sell your home, an estate agent will list the property, find a buyer, help you negotiate a deal and guide you through the transaction, all for a commission of 2-3% of the sale price. In America, realtors provide the same services for roughly double the fee.

Are they worth it? …

Read the whole article: American property: The great realtor rip-off | The Economist.

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