What do economists mean when they say Realtors cause the price of property to be artificially inflated?
Anytime you add a middleman into a sales transaction you cause that “commodity” to become more costly to obtain. The great thing about eliminating the middleman is both the buyer and seller come out ahead. The seller gets to pocket a greater portion of the sales revenue and the buyer gets a better deal. For a more in depth discussion on the topic please visit: www.slate.
