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  • Tom Molina

Tom Molina

7 months ago

in DOJ vs NAR Lawsuit Turned Into an Exercise in Irrelevancy on The XBroker
As a 21 year veteran realtor, I am always open to a new idea or new way of doing things. I'm sorry...but I don't see the big difference ....this concept has been done and done and done. In twenty years of real estate I've seen every incarnation of this concept has failed in a big way. Locally the "hope you sell" franchises have crashed and burned and before them there was a parade of others beginning with "why usa". In every market 90% of the real estate is sold by 10% of the Agents. The best most experienced agents have their plate full. The only agents willing to work for a "satisfaction fee" are worth having? And, at an average sales price of 180K, 3% becomes $5400 commission which is less than your "minimum". I also noticed the markets where you exist are the same markets where the pressure on sales prices has been the most intense. In our experience, these are the same markets where the most successful agents are in most demand. Good Luck in your business but I see nothing new here.
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