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Friday, June 6, 2008

Alternative Model Real Estate Brokerages

I found this blog post by Rob Arnold interesting. He had heard Clark Howard talk about the need for these Real Estate alternatives and how the National Association of Realtors is a cartel. Rob is of course for them, as we all should be. Competition in the real estate industry will only help the consumer.

If you read the book Freakonomics, you will know that the current model is not in the best interest of the consumer. Real Estate Agents do not have the incentive to get the best price for you. Their only incentive is to get a deal done fast. If you haven't read Freakonomics you should - it's a quick and great read.

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