Bugs, what are you implying? The a** word is completely inappropriate here.
SD Realtor, excellent list. It’s fortunate to have a realtor gives us this type of inside information. My Help-U-Sell realtor did all the stuff you recommend for listing agents. I tried first to negotiate the commission with my ReMax agent, who had sold me the house, but she checked with her broker and said the broker could not allow any commissions below 5% due to the Errors and Omission Insurance. What a bunch of lies! The E&O would run at most a few hundred bucks per transaction, not $6,000. The HelpUSell agent has E&O insurance, and the broker laughed when I told him how much ReMax pretended that had to charge to cover it.
Many realtors lie to the seller, and promise a high price, saying their wonderful marketing techniques and flyers will gather the attention to get a big price. Lies! Over 80% of homes are sold because the buyer found the house HIMSELF on the MLS. He tells the realtor which house he wants to see. Who even looks at the real estate ads in the U-T anymore? Maybe a few old people who don’t have internet access. Anyway, Jim the Realtor had this on his website: agents promise a high price, and after a few weeks, start bringing it down. Meanwhile Jim, who promised a realistic market price, lost the listing. To the shady talker.
SD Realtor, you covered the most obvious scams out there today. Buyers need this kind of knowledge to protect themselves. Good job, good list! Fair to all!