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“But as incentives go, commissions are tricky. First of all, a 6 percent real-estate commission is typically split between the seller’s agent and the buyer’s. Each agent then kicks back roughly half of her take to the agency. Which means that only 1.5 percent of the purchase price goes directly into your agent’s pocket. So on the sale of your $300,000 house, her personal take of the $18,000 commission is $4,500. Still not bad, you say. But what if the house was actually worth more than $300,000? What if, with a little more effort and patience and a few more newspaper ads, she could have sold it for $310,000? After the commission, that puts an additional $9,400 in your pocket. But the agent’s additional share—her personal 1.5 percent of the extra $10,000—is a mere $150. If you earn $9,400 while she earns only $150, maybe your incentives aren’t aligned after all.”
― Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
― Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
“Eleanor was right. She never looked nice. She looked like art, and art wasn't supposed to look nice; it was supposed to make you feel something.”
― Eleanor & Park
― Eleanor & Park
“The ECLS data do show, for instance, that a child with a lot of books in his home tends to test higher than a child with no books.”
― Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
― Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
“I just can’t believe that life would give us to each other,’ he said, ‘and then take it back.’
‘I can,’ she said. ‘Life’s a bastard.”
― Eleanor & Park
‘I can,’ she said. ‘Life’s a bastard.”
― Eleanor & Park
“Careers are a jungle gym, not a ladder.”
― Lean In: Women, Work, and the Will to Lead
― Lean In: Women, Work, and the Will to Lead
Becca’s 2025 Year in Books
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