SD R,
No animousity here, just pointed questions aimed more at showing others how complex personal RE decisions are and how its much easier to say than to do. I do not disagree with you that the industry is screwed up. With that said, I do not believe the 1% model is sustainable and you are able to exploit an niche in the market working part time. That’s great for you but it is not the answer to the industry problems. I’ve never met you and have nothing against you personally.
As for the stats I posted, it’s my way of saying there is a difference between the results produced by a quality full time full service realtor and those by a quality limited services realtor. You pay less and you get less. I’ve never seen your marketing, but most of what I’ve seen from the limited service camp falls under the “pay less for the same thing” banner which is just plain untrue. With that said there are plenty of full service realtors that aren’t worth a dime either.
I think it will remain a sellers market as long as people can qualify for loans that they would not otherwise qualify for. Anytime a person can borrow a million dollars and pay only $1,500.00 a month is when they will do so in earnest and thus drive prices up. The prices will not drop considerably until lending practices get back to normal. I say put an end to easy credit.