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Old 12-04-08   #4
shalinireddy is offline shalinireddy
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Default Good disscussion started

Real Estate brokers were crucial earlier .....more than crucial i will put it as truthfull.

Now a days ,If a transaction takes place we can see atleast 3 or 4 brokers in between.They are just using the information they have.

Now a days these brokers/mediators are one of the main reasons for the unrealistic prices in the real estate sector.

Example

If we take the suburbs of our cities.....most of the poeple are unware of the operations of the real estate.
The owner makes agreement with one mediator,later the mediator in turn sells it to buyer or he in turns make an agreement .....in every transaction we can expect 2 levels like this and in each level the original price is hyped by atleast 25% ...and the original owner won't be aware of this price hike.

this one of the many roles pplayed by brokers/mediators in the realestate field
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