Quote:
Originally Posted by chemgear
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Realtors serve a function but let's not forget that they're paid on commission and that unfortunately causes some conflicts of interest. They've also been fortunate with increasing house prices and unchanged commmision rates (7/3) to get a nice pay raise for similar work (some might say easier work during a boom). Why would they want the party to end? I wouldn't.
Every big downturn realtors are usually the last onboard as they were with the recent housing crash in the US. The fact that they have finally repeated what others have said for some time is interesting to say the least. It's another variable to a growing list of signs that the party is over.