BrokerageIndustry News

Does Internet lower real estate commissions?

Brokers, agents divided over impact of cyberspace
Published on May 27, 2004

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by CareyBot

Real estate brokers and salespeople are divided over whether the Internet is driving down real estate commissions, according to an informal survey of Inman News readers. The Internet is a scapegoat for other market factors that are driving down commissions, said one respondent, while another said consumers' Internet research is educating them to negotiate lower commissions with realty agents.

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