Author : Lawrence J. White
Release : 2008
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Kind : eBook
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Book Synopsis The Residential Real Estate Brokerage Industry by : Lawrence J. White
Download or read book The Residential Real Estate Brokerage Industry written by Lawrence J. White. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: The residential real estate brokerage industry represents a troubling instance of false appearances. Though the numbers of sales agents and brokerage firms, plus easy entry, would appear to offer the promise of vigorous competition, actual practices in the industry have caused reality to fall substantially short of the potential. After recounting the history of the transition of the securities industry from fixed and non-competitive stock brokerage commissions to far more vigorous competition, I draw on that experience to describe what vigorous competition in the residential real estate brokerage industry would look like. I also suggest public policy measures that would help bring about more vigorous competition.