The same nerdy white guys that tackled the economics of crack cocaine recently turned their attention to the habits of pushy real estate brokers. In the movie version of their best-selling book "Freakonomics" (don’t worry, it’s still in extremely limited-release mode), Steven Levitt and Stephen Dubner use hard data and some crisp, clever graphics to explain why agents love a quick sale, even if it’s a lowball, and answer that ever-nagging question: "Do they really have your best interests in mind?" A fresh dose of caveat venditor — or emptor, depending on the perspective — above.
Reposted with permission from Curbed.com. View the original blog post.