Real Estate Agents (non)-o-plenty.
Well, not exactly. And I’m sure it’s not a “news” to your ears either. I just wanted to pose a question. Do you, as a San Diego home owner, future home owner, or if you’re a real estate agent in San Diego, think it’s a good thing for home buyers? A bad thing? Or do you think it won’t have an effect?
Take this perspective: More means lower prices.
What does that mean? In economics when there is a surplus of something that something tends to cost less overtime since it is no longer scarce. Would this same logic apply to real estate brokers/agents selling or buying homes?
One argument is yes, the more realtors the better because “then I can shop around for the agent that will charge less commission”.
Yet another side would say that when there are too many agents the quality also goes down.
What do you think? Give us your opinion and thoughts.
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