Everyone's time is worth something. From the lawyer at $1,000 per hour to the minimum wage worker at (now) $8.25.
As an agent, your job is to work for your client and show them a home. The listing agent's job is to sell the home.
The lister got the opportunity because he/she convinced the seller that they were the best person, team and/or company to do the job. They had their pulse on the market, they knew about pricing, they were formatable in their knowledge of home staging, they knew who and where to advertise and, in some case, promised that they already had buyers both foreign and domestic.
So, you go and show the house to your client. Then, comes the email or phone call (sometimes from an assistant) that is requesting feedback.
Wait a second? Did you get the listing because you were the expert? Why are you asking me? You should know everything about the price, the style, the location, the schools, the layout that has anything to do with the home. Why are you asking me and my client?
Also, why would I negotiate against myself?
We have an auto system with our MLS that sends out feedback requests. I don't understand agents that answer with yes, my client loves the place and the price is right. Why would you do that?
As you probably realized, I don't give feedback. Why? Because it's your listing, not mine. You are getting paid thousands of dollars, sometimes overn $1000 per hour for YOUR expertise to your client.
If you want my opinion and suggestion, either give me a referral fee or pay my hourly rate, $375/hour to help you sell your listing to (probably) someone else.
Maybe the seller's agent can set up a pool of money, say 5% of their commission side and pay a small amount per feedback. It may convince the seller to lower the price and get it sold.
Think of it as advertising dollars. Better in our pockets than ZTR! :)
And please, let the comments begin!
(THIS CERTIFYS THAT I, FRED GLICK AM THE ACTUAL WRITER OF THIS POST AND IT IS NOT GHOST WRITTEN)