I donâ€™t really want to pay you $100 for find a buyer, but your posts actually give me reason to consider that path. The real estate system is conflicted and your rules make no sense. Whoever wrote those rules and laws thought price fix was forever. Some of the rules you explain were only valid when the real estate world was 6% across the board. Now, some of you on Trulia made a point to say that you donâ€™t show property if it does not pay you enough to bring your buyer How is this not illegal if you have legal obligations duty and fiduciary to your buyer? How can any association guideline justify ignoring fiduciary laws of duty? If I am the poor idiot who blindly trusted that you were taking care of me, but you threw out houses because you didnâ€™t like the other agent (Trulia post) or the pay was low (Trulia post), and pushed a crappy house because if had fat pay, how is THAT taking care of the BUYER? And, you wonder why people donâ€™t trust you and think poorly of you as a group? YOU tell the public that a higher pay to the buyer agent will create an incentive. Why do I as a seller NEED to provide an incentive to get you to do what you are supposed to do (protect your buyers) according to the LAW and your RULES? So, in other words, your laws and rules mean nothing to you? Is that what you are saying? Summary: Rules and laws say buyer comes first. In reality, agents have no respect for rules and laws, and do not follow them.
Using ONLY information that you guys wrote in Trulia, I could list for flat fee for $400 and offer the buyer agent pay of $100, and be successful at selling my home. YOU led me to this conclusion from reading YOUR posts.
You told me that I shouldnâ€™t list FSBO because 90% of buyers are working with agents. I am happy to gamble with 90% of the public for a low cost of $400. OK, I wonâ€™t get other advertising, but thatâ€™s OK, because I should get to 90% of the public through their agents. Those agents have a duty to show my house if it matches the buyers wants. If agents already told me my house is worth 800, I can put it up for 780, and still be ahead because I did not pay a big commission. It was YOU guys who told me PRICE PRICE PRICE. I know that buyers surf the net. My house WILL be on the internet, I donâ€™t need print ads (Trulia posts) and the buyer agents will point out my home if it matches their buyer. If you tell me that I NEED you to look out for ME as a seller, I am HIGHLY skeptical. It has already been made very clear that you put YOUR needs ahead of mine on the buyer side. Trust has already been eroded, and difficult to ever regain. If anything, from your posts, I learned not to leave it in the hands of an agent and that I need to carefully watch. That being said, I may opt to flat fee list my house.
Before all of you scream at me and give me 10 thumbs down, I want you to know that I donâ€™t really think any of you could earn a living at the above rates of pay, and I do not really intend to pay someone $100. Your rules would LOGICALLY tell me that I should. My conscious would prohibit that. I wanted you to see from an outside view what your posts told the public about your rules, your laws and how you work. I just summarized what you guys said as a group, over and over again in Trulia. Perhaps those who make the rules and laws need to take a look at what is going on in the industry, make rules and law that make sense for YOU and the PUBLIC, then enforce the rules and laws that make sense. Many of YOU are quoting rules that worked in a controlled price environment but does NOT work in a free market system. But, you canâ€™t leave innocent buyers out there THINKING that you are looking out for them FIRST, when you are NOT.