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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can't get over the agents on his acting like they are providing some kind of specialized service like lawyers or architects.  YOU UNLOCK DOORS for a living.[/quote]

Also acting like it's some sort of divine law that commissions are fixed.

Imagine going to a few architects and describing what sort of house you want to build, and every one saying "well, standard price for a home design, per the National Association of Architects, is $100k". [/quote]

You still don't get it.  You, as a buyer's agent, aren't providing anywhere near the kind of service an architect is.  You might as well be comparing the McDonald's fry-guy to the architect. "They're both selling a product!" There is absolutely no reason buyer's agents shouldn't be compensated hourly, like every other service profession, other than they don't want to give up their comfortable income for doing little to no meaningful work.[/quote]

Not an agent, but the real estate market is much more wild west than many people would choose to admit.  It's not rational, neat and tidy, operating on fixed deadlines. Individual homes are not easy to commoditize (= the whole failed ibuyer thing). Individual home sellers can be idiosyncratic, freewheeling, and erratic.  Buyers who can more effectively navigate this better are more likely to attain their objective, and what's needed to navigate that does NOT need to be the current system of required 2.5% payment to a buyer agent but if you think the only services used = some doors opened and 3.5 billable hours to an agent or RE attorney to draft a contract, I don't agree with that either. I don't see any of this changing unless we go to a system of detailed, mandated seller requirements, and I don't see that happening or want to see it happen (e.g., photos, virtual tours, and listing descriptions to meet a regulated standard, listing must be advertised publicly on MLS for X number of days, set offer deadline with no discretion to review beforehand, mandated rubric against all offers are reviewed to determine the one the seller must accept, no off market sales, etc.).[/quote]

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