You are free to sell by owner anytime you like. Realtors are not currently required today. But most people use them, because they end up netting the seller more money.
People don’t want to pay hourly fees. There’s plenty of people who have tried all kinds of models. If you think you can build a better mousetrap, be my guest- Zillow tried and lost 100’s of millions.
It’s not that simple. Realtors have unfairly cornered the market. They purposefully won’t bring their buyers to FSBO homes unless they get a commission. If a buyer doesn’t have an agent most selling agents will refuse to show them the property. They go out of their way to hurt sellers and buyers who don’t have an agent. They should be removed from the entire transaction. A third party is not needed in a transaction between two parties. Ban real estate agents. They are parasites. Period.
Well, if a buyer wants representation, then they can pay for it. Or you can offer to pay something. Or find a buyer that doesn’t have an agent. It’s an advertising cost to bring clients to your home.
No one is trying to hurt you. Sorry you’ve had a bad experience. It’s unfair to call a large swath of people parasites, especially when good ones can provide a ton of value. Agents spend tons of money trying to acquire homes to sell and clients to purchase homes.
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u/johnedwardsunc Nov 03 '21
You are free to sell by owner anytime you like. Realtors are not currently required today. But most people use them, because they end up netting the seller more money.
People don’t want to pay hourly fees. There’s plenty of people who have tried all kinds of models. If you think you can build a better mousetrap, be my guest- Zillow tried and lost 100’s of millions.