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Quote of the day
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“If hordes of inexperienced [real estate] agents are scrapping for business…that can only lead to a ‘race to the bottom in fees.’”
-- Christopher Galler, SVP of Minnesota Assn. of Realtors, Wall Street Journal, Page B6, 2/7/07.
No surprise: Mr. Galler adds that competitive commissions are not good for consumers and that they will result in poor service. More productive agents, he argues, are better at “solving problems.”
The article indicates the total number of agents nationwide reached a peak last year at 1.4 million but their ranks will drop between 6% and 8% this year. A former golf pro who gave up the links to sell houses is featured. He recently left the real estate business to take up a new profession, training dogs.
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Tuesday, 06 February 2007 18:00 |
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Last Updated on Monday, 02 April 2007 14:53 |
