An economist examines the reason why, in this boom real estate market, most brokers aren’t getting rich or even coming close to rich. Basically, the reason is competition: As prices go up, people get visions of grand commissions in their heads and become brokers, only to find the competition fierce and their sales infrequent. more [Slate]
Why most brokers aren’t striking it rich
August 26, 2005 12:00AM
