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[quote=Anonymous][quote=Anonymous]Big benefit for sellers. Huge downside for buyers. Example- I have a west coast client looking “in Arlington and DC”. He was in town last weekend and I showed him 16 properties over two days- from Brentwood to Shaw to Congress Heights. I spent a ton of time assembling and pre screening the properties. Am I going to work with another client like him anymore? Nope. Now he can arrange showings with 16 separate listing agents, and the listing agents can figure out who is going to write his offer and represent his interests. Or he can hire an agent willing to work hourly. And this will be newer agents who have no clue what they are doing. Trust me I am trying to make a purchase in another state and the agent I was referred to is so useless. So he can pay hourly for his nouveau agent or not have an agent at all. It’s already hard enough for buyers these days. This is a massive blow to homebuyers. [/quote] Oh please. My personal assistant or anyone from task rabbit can do this coordination of showing schedules and thanks to the wonders of technology, how much pre screening are you even doing that I can’t do on my own or someone on my behalf? Most people would get an attorney to prepare and review docs at an hourly rate. So what value do you even add that would come anywhere close to the 3% commission you are accustom to collecting automatically, whether or not you do a poor job or ok job? I have bought and sold several houses for n different parts of the country and with each transaction, there has been a realtor that has mucked up some part or the deal at the last minute. And still collected a fat commission. I can’t wait to sell next time with an a la cart or minimal service realtor so that everyone gets a paid more appropriately for the skill and service they provide. [/quote]
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