America’s latest bout of realty mania may finally be dying down, as home prices and particularly sales volumes decline after a rise of interest rates. With mortgage payments more costly, and expectations of equity appreciation diminishing, the fees charged by brokers may become a rub again. Five percent off the top, a typical full transaction commission, shouldn’t escape so much notice when prices aren’t rising by double digits each year. read more »
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Another Supply Factor in Home Sales: Who Can Broker the Deal?
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