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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (6711)11/13/2002 11:37:25 AM
From: TradeliteRead Replies (3) | Respond to of 306849
 
Where I live, the sellers expect their properties to be advertised at least weekly--they get bent out of shape when they see their neighbor's home in the Washington Post and theirs is not. The big brokerage firms can afford to do this. The little ones do not and do not imply that they offer this service.

Many times, sellers find out after listing that their home isn't selling and isn't being advertised. The little firm gets dumped and a big one steps in to make the seller happy.

The so-called discounters offer no agent training, no sales meetings to bring everyone up to date on new stuff they need to know, no duty desk to answer phone inquiries about properties for sale, no marketing budget, zip!

Can't remember all the many times some part-timer from a discounter faxed me a contract offer on a listing, and I had to spend time educating the part-timer about the need to supply the missing pages required by law to accompany the contract. Very often, the forms were not available in the broker's office and the agent didn't even know they were required. His offer and his hapless buyer didn't get very far, needless to say.

Those commissions pay for much more than some people assume, I guess.



To: MulhollandDrive who wrote (6711)11/13/2002 11:07:12 PM
From: David JonesRespond to of 306849
 
If we enter a real down market a 3% buyers commission you be a paying. Other wise they wont show your property. Course you can squeeze the listing side. That'll get you in the MLS and an agent asleep at the wheel.