Freakonomics just moved to the top of our summertime reading list. Pointing to data that suggests that “full-service” “realtors get 3-4% more for their own houses and leave their own houses on the market 10% longer” than their clients’ properties, and suggesting that “discount” brokerages might be the way to go, seems to have irked the National Association of Realtors (NAR).
Perhaps they were just jealous that they didn’t get to meet Katie Couric. Regardless, NAR quickly fired off a nasty gram (to which the authors responded in kind).
· Freakonomics [Amazon]
· NAR Responds to Erroneous Statements Made on Today Show [Realtor]
· Professors Dubner and Levitt Made Erroneous Statements on Today Show!! [Freakonomics]