“I think it will be interesting to see the various marketing techniques desparate realtors come up with as the market continues its downturn.”
It is a buyer’s market in at least one sense, they can get around 2/3 of the commission rebated. That plus cookies is a pretty good deal, especially if it comes with solid RE advice too.
How much money does that work out to? I would say each transaction to the type of client that would merit a 2/3 rebate takes about 40 hours w/o a transaction coordinator. Not bad. http://www.fsboprimer.com/buyersagents2.html