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8 Comments on SMARTMONEY MAG SMEARS REALTORS - MY FEES ARE NEGOTIABLE
Will have to read this one, it does sound like very poor journalism.
Sad. Did they also mention that sooo many agents are no longer in the business? And their first point, about the agent suggesting an open house ... in my experience most agents know open houses are often useless. The fact is the clients usually request them. After reading just that first point I stopped reading.
In our market it's fewer agents and more listings. Only just checking with NAR would have confirmed that membership has decreased.
We all know real estate commissions are negotiable, and listing agreements state so in bold type in California. But let's be clear when we say commissions are negotiable we don't mean that we must work for whatever a seller or buyer wants to pay us. And it certainly does not mean we must rebate any portion of our fee for the privilege of representing a client.
Every service provider determines the amount he or she charges for their services. The client can decide whether to pay for it. That's life.
Hi Janice, It appears that the writer had a personal bias and was intent on finding and citing only the sources that support the writer's bias.
Steve - No they didn't mention that particular detail no any other details that didn't support the writer's personal bias. It was clear after reading item 1 in the writer's list of 10 things your real estate broker won't say that this was a smear job. The real estate broker's won't say these things because they are not true.
Hi Silvia - Clearly the writer had no intention of fact checking his/her work or asking anyone at NAR for feedback.
Hi Raymond - Our listing agreements state this as well and if they weren't then there would be charges brought against brokerages for price fixing.