It occurs to me that the Limited Service Brokerage model is here to stay. It has definitely changed the way we do business. In the Albuquerque Market for example, there are some of these brokerages currently operating, and they have definitely had an impact. I believe that they do make sense, especially for newer agents and smaller, independently operated brokerages.
The lesson here is that Limited Service is on one end of the spectrum and Full Service is on the other end. As a Full Service Broker I do not see the sense in walking away from a transaction just because it does not fit the model that we are used to. Even though the statistic shows that 80% of FSBO's will end up listing with Real Estate Agents, there is still another 20% that needs to be addressed. Do you suppose that we could assist them by providing the limited service? I think that's a viable option for all Realtors.
I am interested in hearing the opinion of others.
Yeah, anyone who is really good (which benefits their client) is not selling their services at discounts. It doesn't mean that I don't discount to help people in need, but that is different. I'm talking about people who only discount their service every time. I don't worry about discounters, but companies who are trying to discount in all states when they don't even have agents there is a bad deal. We don't want big business getting into Real Estate.
Comments(6)