1. The slowing market is great for good Realtors. It will eliminate the huge numbers of part-timers and newbies who do 1-2 deals a year. Essentially…survival of the fittest…Just as sdrealtor said…
2. Many overpriced listings currently on the market are listed by agents that don’t have the skills or guts to tell the seller’s they’re overpriced. (A good agent would get a price reduction fairly fast…or not take the listing at all.) Many are listed by desperate agents who will do anything to get a listing….and get a sign up with their name on it…to fool themselves into thinking they’re actually busy…
3. Why would any buyer pay anything to a Lawyer or Consultant to buy a house when you can pick your own Realtor and work with him or her for free? When a home is listed the seller already agrees to pay a commission to the buyers agent. It’s built into the price when the property is listed…Not when the purchase contract is agreed upon. You might as well use the expertise of a good Realtor of your choice….
