Yes, and even if you are a “top performer” doing gods work… that does not give you any right to belittle others. I wholeheartedly agree with this sentiment and would pay money to see us as a collective (me included) try our hand at something like real estate. I for one know I would fail, but that’s me.
Hard disagree. For people taking 6% of purchase price in fees, real estate agents need to be vastly better than they are. They were insufferable in Austin over the past few years, the silver lining of a serious housing crash would be watching them try to join the ranks of the productive.
It reminds me of IT recruiters in the UK a few years back: [1] sums up the situation very well and applies just as much.
The right thing to do is I think to digitise the process. Having a transparent way of following a bidding session and subsequent legal arrangement to completion would be extremely useful, and would surely scale pretty well.
Ok I’ll rephrase: We software engineers tried to buy/sell houses using algorithms, and failed to the tune of $550m. I think we collectively would have similar success (or lack thereof) as actual real estate agents.
