So in doing my morning cruising after reading the articles about Zillow being changed to allow posting of listings, I read a couple of articles on the wiki.
I know that the design of a wiki is to allow users to go in and change comment....but there's so much that I would want to change it's overwhelming. For example in the 'should I go FSBO' article, it says that to establish correct market value you should call a real estate agent for a market analysis-EXCUSE ME? People, we need to be careful in interviewing sellers. If they're calling you out, having you do your homework and prepare numbers for them, but then sending you away to put out a sign and use your information, you need to think twice about what you tell prospective sellers before they have signed with you.
Also, the article states that the reason you would go FSBO is to avoid the standard commission of 6%. There is NO SUCH THING as a standard commission-you will find as many prices and pricing structures as you will find agents. Zillow better watch it, those are words that perk up the ears of the FTC.
In the 'use a buyer agent or go it alone' article, the article promotes using discount brokers and searching online for the cheapest way of getting a house, as the market is changing every day.
That being said, some of the articles are pro-agent and have some merit. My advice is that everyone who sees this blog better get on Zillow and read these articles-because your clients could be reading them as well and you'd better know how to respond to their questions and be able to refute wrong information if they find it.
I'm starting off my day already tired of defending myself! Better shut off the computer and get to work!