Svelte, you bring up good points. There are good and bad brokers. My theory is that in today’s unusual market situation, and with the new technology available to both buyers and sellers to inform what a home is worth, $40k is a lot for something a knowledgeable FSBO can avoid. Technology has disrupted a lot of businesses and occupations, and the traditional commission model may be under siege.
Off topic somewhat, I think colleges and universities are about shrink considerably in number for a variety of reasons, not just COVID-19. So many other RE markets are facing severe downsizing, and many commercial buildings will go dark and fall in value, especially in certain parts of certain cities. This was the trend for shopping malls well before Coronovirus.
