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Epictetus comments on Wild Moral Dilemmas - Less Wrong Discussion

17 Post author: sixes_and_sevens 12 May 2015 12:56PM

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Comment author: Epictetus 17 May 2015 09:07:45PM 0 points [-]

There are probably cases where it's rational for a real-estage agent to sell a property before an auction. An auction could well return less money than the other party offered.

Auctions aren't free. There are fees to list items at auction and the organization running the auction is likely to collect a certain percentage of the final price as well.

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