Real Estate Commissions Soon to Collapse?
The majority of Americans’ wealth resides in real estate and the stock market. Over the past couple of decades, technology has helped bring the cost of investing in stocks down to almost zero. The cost to buy and sell real estate, however, hasn’t much changed. Our next guest, though, believes that lower real estate transaction costs are finally imminent.
Mike Switzer interviews Les Detterbeck, a chartered financial analyst in Charleston, SC and a member of the South Carolina chapter of the CFA Society.