Kris, In my 33 years as a REALTOR representing owners of high end properties, I have found high end buyers and/or tenants are successful busy people. They either have an agent provided to them by their relocation department or need and appreciate the value of professional advice and hire a REALTOR to represent them locate a home.
You can post in hundreds of obscure owner websites but professional REALTORs search the Multiple Listing Service "MLS" and prefer working with a professional REALTOR representing the seller in a transaction. I appreciate your desire to save money and do it yourself, however in doing so you miss the prime sector of the market you seek. Even as a REALTOR with 33 years of experience, I hire agents to locate property for me, I employ travel agents to arrange my trips, I have a CPA who prepares my taxes, even though I am an attorney, I employ several law firms that handle various business concerns, when my car breaks I take it to the dealership, if something breaks I call a repair person or replace it. The high end buyer doesn't take the time to search out a luxury property, their REALTOR does that for them. I represented Coca Cola they would not let their employees deal directly, they had to be represented by my firm and agents specifically trained to represent their employees and property.
It is difficult or impossible for you to quantify the loss associated with longer time on the market or the loss of a lower rental rate, or the loss associated with not being presented to the prime sector of the market, those represented by professional REALTORS but I can assure you the loss is far greater than the fee you hope to save.
RE/MAX Greater Atlanta
An Atlanta Real Estate Expert Serving Clients Since 1979
CRS, CRB, ABR, MSRE, CDPE, CIAS, e-PRO, ESQ
Certified Residential Specialist
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Accredited Buyers Agent
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2050 Roswell Road
Marietta GA 30062
404-386-3682 Assistant Robin
678-760-6266 Buyerâ€™s Agent Adam
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