The Real Estate business is definitely changing.
When you're searching your MLS have you noticed that the compensation split is being lowered too many times? Obviously there can be no price fixing...so we're all free to sell homes at whatever rate we choose. Right?
My question is...
"Why are we lowering the rates?"
For heavens sake it's more difficult to sell a house today than we've ever known it to be! It's more difficult to find qualified buyers. It's more difficult to attain financing. It's more difficult to remain within the guidelines of our FNMA/FHA/VA sources and here we are LOWERING THE COMPENSATION?????
WHAT'S WITH THAT?
If we take the stance that our services, knowledge, advertising sources, E&O insurance, license and experience are important....
SHOULDN'T OUR RATES BE GOING UP?
We should question strongly the Discount Brokers. Are they diminishing our true value?
Are you walking a tight rope by lowering the value of Real Estate Professionals position?
Where will it end?
Check out my website at: www.debs-realestate.com.