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Is the Real Estate Industry Getting Their Mojo Back?
Industry Relations
Seeking a Middle Ground in Real Estate Commissions
The speaker discusses the varying perspectives on real estate commissions, indicating a need for negotiation and compromise between the parties involved. A recent academic paper by economists from the Richmond Fed proposes a different structure for real estate commissions, suggesting fixed fees for different services. The speaker acknowledges the importance of finding a middle ground in this debate, highlighting the necessity for respectful dialogue to reach a mutually beneficial solution.
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