September 3, 2006

The Last Stand of the 6-Percenters? - New York Times

The Last Stand of the 6-Percenters? - New York Times

An incisive story about how the Internet is changing consumer real estate transactions in the Pacific Northwest and elsewhere. Disintermediation is the name of this game and the traditional 6% commission model will fall. As people sell their homes themselves or use an alternative Internet broker system, the traditional real estate model is done for.

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