Bradenton Florida Real Estate News

Friday, January 27, 2006

Discount Brokers Less Likely to Sell ...

Homes listed by discount brokers take longer to sell than those listed by full-service real estate brokerages and are 12 percent less likely to sell at all, according to a study by Penn State’s Smeal College of Business and the University of Texas at San Antonio.

They examined nearly 300,000 single-family home listings in several Texas MLSs. The study concluded that discount brokers were slower and less reliable.

My daddy always said, "You get what you pay for." It's the truth. Even in real estate service.

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