I've read a wide range of opinion regarding the 60-minute segment on Redfin which aired last Sunday evening. The NAR has talking points out to help Realtors defend their work, towards the very end it even says "be glad it's Mother's Day" as viewership will be lower than usual. Wow!
Real Estate blogs have been buzzing the past few days - from questioning the business model, to wondering out loud the relevance of even watching the segment - opinions are very interesting to read. The most thoughtful and engaging opinions of course are from the best people in the business.
What do I see as the issue? Well, frankly the main problem with the Real Estate business is that the cost of the Realtor is the same regardless of the quality of the Realtor. Since the Realtor himself/herself if the product, then shouldn't the price be based on the quality of the Realtor.
Read full blog post here at the Arizona Mortgage Guru blog.
I'm just thinking out loud here! As a 20th century musical sage once sang, "For the times they are a-changin".
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