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As a personal property appraiser, I have sifted through the contents of hundreds of storage lockers.
There are two problems with the show - one is that ratio of winners to losers (assuming a purchase price of about $1000) is about 1/8 winners, with the rest costing not only what you spent on the locker, but also what ...more
Properties this expensive get greatly reduced commission rates, and agents don't get all of the commission, so the math isn't as terrible as everyone implies.
500K-800K split between the selling agent, the listing agent, and their agencies.
Not mentioned in the article but also exempted were employees of the big firms, such as H & R Block and Liberty. Of course they were all in favor of eliminating a lot of their competition.