I wonder how long it will take until you can buy a house on Amazon.
Since they have a fair number of listings, I'm waiting for them to offer something where the buyer gets a substantial discount for buying it directly from the Redfin agent, without using a buyer's agent. Next step would be to sell listings exclusively through Redfin and not through the MLS, though this would be riskier.
I don't understand how agents can charge 6% in America when they charge 1 or 1.5% in the UK.
As such, real estate agents need to be highly informed and often rigorously certified. This has the dual effects of raising costs to offset their own, and it also shrinks the potential labor pool, which has the expected outcome of higher wages.