Our current system is what we have and it’ll take years to change it. Not that we want to throw it out and replace it immediately. We need to let it evolve.
However, there are alternatives to the 6% regime. The savvy consumers can find other ways to buy and sell.
Having information available on the Internet will slowly make the public more comfortable with finding and selling properties themselves, or with the help of discount brokers. Having real estate information readily available on mainstream sites such as Yahoo, Google and MSN can only help with the transition.
