What Ive learned on discount real estate brokerage
More and more people are relying on the power of the Internet to buy and sell homes; thus, brokers are doing less work for their real estate commissions. In response, some Multiple Listing Service agencies have begun to offer flat fee real estate listing services to sellers, in which they act primarily as contact points for sellers and their prospective buyers. Buyers are beginning to realize that, in reality, they are doing part of the brokers work by locating their homes themselves and believe they have earned a rebate on the real estate commission. Just as with flat fee services, some brokers shy away from connecting their clients to buyers operating on their own. Others will argue that, when real estate markets turn cold, properties should be made available to all potential buyers regardless of whether a broker is involved.