SD R,
Good thread though I doubt it matters much to others on the board or sinks in. The public does not care that we dont get compensated for 80% of our time. They don’t want to pay for that, they only want to pay for what they actually use without realizing that they have likely been users of that 80% of uncompensated time for other agents.
The system is what it is because it works better than other alternatives. It is a very expensive system to maintain and has created a relatively efficient marketplace. Were it not for this efficient marketplace, homes would be less expensive and far more illiquid. Many on this board would applaud that….until it came time to sell their home. Then they would want top dollar just like every other “greedy seller” they criticize and they should be glad the system exists as it does.
Is there room for improvement? You wont get any arguement here. But it’s not as simple as throwing a bunch of information on the Internet.