Several times this year, I have experienced or heard first-hand stories about Buyers who will initiate a relationship with a Realtor to search for a home, and ultimately not worth with that (or any) Realtor for representation. I have seen it written that Realtors give away much of their expertise for free in the hopes that some business will be generated…. Having grown up in the business, I knew that this was a cutthroat career; I was prepared more for the competition from fellow Realtors more than anything else.Perhaps I am a bit of an ideologist and expect a modicum of candor and openness from those with whom I work.
Browsing Category Public Perception
Inexperienced Agents in Charlottesville
Record numbers of new real estate agents and a rising number of complaints – and worse – against the industry have veterans alarmed about whether these novices really know how to buy and sell a house…. “There’s an overwhelming number of new people with inadequate training and that means there are more ethics complaints and more lawsuits…. the industry has an often-repeated standard that 20 percent of the agents do 80 percent of the work, which doesn’t leave a lot of business for newcomers.”When the tide turns, it will separate the wheat from the chaff,” Harrington said.
“Discount” brokerages
What I can’t stand is that they advertise in newspapers or mailouts they only charge 1/2 or 1-2% fee or compared to a Full Service company fee of 6%. (which is far and few) Some…