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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Flat fee advocates, help me out here. Are you saying that someone selling a 440k condo should pay the same fee as someone selling their multi-million dollar mansion? [/quote] Of course, why not? It’s the same amount of work on their end. [/quote] In some countries like the UK, there is a menu of services to choose from. The 440k condo buyer may choose just listing and handle the rest themselves. The person selling a $2.5 million home may add showing and professional photos and staging. [/quote] Exactly. Totally normal in a competitive market. You can choose what level of service you want and it's priced accordingly. As it should be, but yeah will probably take a few years for everything to shake out as everyone involved figures out their niche and buyers get used to it.[/quote] I think the model will vary greatly based on how competitive the target area and home type is. If I’m a buyer looking for a SFH in a competitive Arlington neighborhood, a full service buyers agent may be worth the investment, and my home search with them could take 9 months to find the right property. If I’m buying a 10 year old condo in Clarendon (which are selling somewhat slowly and not highly competitive right now) and it’s my second time buying, I may be fine paying a lower flat fee to tour and submit an offer. The whole process may only take a month or two. [/quote]
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