Archive for October, 2006

Demise of Cartel Estate Agents in Denmark

October 31, 2006

It is unlikely the real estate business in Denmark can continue as it is today. A cartel of attorneys and financial institutes maintain a crushing growth inhibitor on the industry, permitting only ‘authorized’ brokers the right to sell private or commercial property. Digital platforms and online auctions will undermine these uncompetitive practices, not to mention the free classified advertising of Google Base and Microsoft Freemont when they become available next year. What is needed is an online value setting for home owners from