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Missouri antitrust lawsuit against anti-competitive rules of National Association of Realtors.
Is there any group of professionals in the US more overpaid than realtors? A house selling for $750k yields a fee 15 – 20x higher than what a cardiac surgeon makes doing a coronary bypass procedure. Who do you think puts in more work?
Fed chair Powell under pressure by NAR to lower rates to “benefit” buyers.
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As much as I love my dear mother-in-law (formerly a residential realtor in Saratoga), I don’t know of any other group that’s more overpaid on the whole as residential realtors.
Realtors think they work hard, that they’re smart, that they’re honest and candid, that they aren’t pushy and that they don’t collaborate with each other against their clients’ financial interest. To be charitable, let’s just say it’s a sliding scale…
Audaces fortuna iuvat
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