Cut-rate Real Estate - Once Again!
On the New York Times front page this morning is a long piece on discount real estate brokers. What the cut-rate brokers are doing is reducing services and charging less in order to get more business. One of the means of doing that is to rebate a substantial amount of money to home sellers who use their (minimum) services.
Some who have used the services of cut-rate brokers have saved money. But we don't know how many are in litigation!
My opinion is that my customers enjoy full service, personal representation. And I strongly advise against reducing services to buyers and sellers. This is a very dangerous business; and sellers (and buyers) who provide their own expertise (?) to a very complicated procedure open themselves up to serious consequences.
Some who have used the services of cut-rate brokers have saved money. But we don't know how many are in litigation!
My opinion is that my customers enjoy full service, personal representation. And I strongly advise against reducing services to buyers and sellers. This is a very dangerous business; and sellers (and buyers) who provide their own expertise (?) to a very complicated procedure open themselves up to serious consequences.
posted by John and Flo Martin at 6:58 AM
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