Real Estate Agent Glut: Too Many Chasing Too Few Homes
The Consumer Federation of America (CFA) released a new report titled “A Surfeit of Real Estate Agents: Industry and Consumer Impacts,” which delves into the negative consequences of having too many agents vying for a limited pool of home sales. A Saturated Market: Negative Impacts: Real estate commissions are traditionally a percentage of the sale price of a home, typically paid by the seller and…