"Of the two leading real estate firms in our town—Adams Realty and Fitch Realty—Adams Realty is clearly superior. Adams has 40 real estate agents; in contrast, Fitch has 25, many of whom work only part-time. Moreover, Adams' revenue last year was twice as high as that of Fitch and included home sales that averaged $168,000, compared to Fitch's $144,000. Homes listed with Adams sell faster as well: ten years ago I listed my home with Fitch, and it took more than four months to sell; last year, when I sold another home, I listed it with Adams, and it took only one month. Thus, if you want to sell your home quickly and at a good price, you should use Adams Realty."
Write a response in which you examine the stated and/or unstated assumptions of the argument. Be sure to explain how the argument depends on these assumptions and what the implications are for the argument if the assumptions prove unwarranted.
While it may seem correct at the first glance that Adams Realty is a better real estate firm than Fitch Realty, there are a few unsupported assumptions which can undermine the statement. This issue requires a thoroughgoing examination. In my opinion, the given arguments are not cogent enough to prove that Adams Realty is clearly superior.
Firstly, The number of estate agents is not a direct factor which can unambiguously point out a better company. Event though there are only 25 estate agents working for Fitch Realty, they can be much more productive, impassioned, determined, qualified, trained, and experienced. On the contrary, these 40 real estates agents from Adams Realty can lack these essential and vital qualities. As a result, if we were able to compare the amount of work done on average by a person during a day in both of these companies, we would find out that Fitch Realty's workers are simply better and more efficient.
Secondly, considering revenue holistically is not a proper approach, for the reason that Fitch Realty is a smaller firm than Adam Realty. Thus, once again, we should search for another factor or a parameter that would be more objective and commensurate in this case. For instance, we could divide the revenue by number of hours devoted by all employees. Furthermore, although Adam's revenue was two times higher, Fitch's home sales where only about 15% less than Adam's home sales. This indicates that probably Adam's charges are higher than those of Fitch's. It might be the adequate reason for the gap in revenue of both the firms. There is also another possibility that Adams sells only high priced houses, which brings more income. Hence, the argument cannot be concluded without all this information.
Thirdly, the argument that home listed with Adams sell faster is not fully developed. The case with the author's homes is not objective. The crucial flaw here is that these were two totally different homes. The first home sold with Fitch could have been in very bad condition or it could have been overpriced. Moreover, the market conditions could make the sell much more cumbersome. On the other hand, in the case of the second home, the market conditions could have been much better, the home could have been keenly priced and in prominent district. In fact, these are only two very specific cases and an element of randomness can play here a great role. It could have been the case that Adams found a buyer by accident. A more pronounced property would be an average time per sell.
In conclusion, the arguments given by the author are raft of fallacies. There are many unstated and unwarranted assumptions. Finally, without further details on this matter we are not able to state unanimously which company offers a better service. Besides, some arguments can prove even a contrary statement which would clearly show that Fitch Realty is better.