Is it believed that realtors prioritize their clients’ best interests during real estate transactions? In my observations, they often seem more focused on completing the deal than on truly representing and safeguarding their clients’ interests. Furthermore, in today’s market, a 3% commission can feel excessively high, especially with the way homes are sold now compared to the past when numerous listings were available for review. Nowadays, many buyers browse sites like Zillow directly. It seems like the industry perpetuates a payment monopoly. A consideration for transaction fees or metrics based on ‘days on the market’ might be more reasonable. I’ve often felt that realtors act as though they ‘control’ my business rather than genuinely earning it. What are your perspectives on this matter?
Interesting point! In such a tech-driven market, is there room for innovation in how realtors price their services? Could leveraging technology alter their role and commission structure, allowing consumers to feel more in control? What do others think about potential alternatives to the traditional commission model?
i totally get ur point. in some areas, that commission feels high when sellers do a lot of their own research online. but i guess realtors bring experience and negotiation skills. maybe having an open conversation about fee structures and what value they bring might help!
That’s a fascinating take! What are some ways buyers and sellers could negotiate a commission that feels fair without undermining the realtor’s value? Also, in what ways has technology truly impacted the real estate market, and how might it continue to evolve?