Survey: Consumers Don't Understand Real Estate Fundamentals


When buying or selling real estate, and working with professionals in the industry, it’s important to understand the business so that you can get the best bang for your buck and feel confident with about your transaction.
However, according to a recent analysis of survey data collected in June 2006 for AARP, most consumers admit to not understanding the fundamentals of the real estate industry. And this can spell trouble.

Originally published