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A comment on The Invisible Reason for High Housing Prices: Restrictive Land-Use Regulations. Parent comment

Re:The Invisible Reason for High Housing Prices: Restrictive... by smileysteve on Friday July 07, 2023 @11:35AM (#36633334)
Re: ask questions

Agents have no duty to be honest, do non anecdotal research. they have every incentive to get a client and close a deal (at the highest price that will close)

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Re:The Invisible Reason for High Housing Prices: Restrictive... by s1artibartfast on Friday July 07, 2023 @12:17PM (#36633981)
Yes, the simplicity of agent incentives is what make them so easy and useful to work with.

They are not finical advisors or investment experts. They simply find a price that will close a deal, and ensure that it closes swiftly. If you want that, perfect.

A good agent will tell you what bid would likely win.

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