More than a decade after the former chief economist of the National Association of Real Estate said…
"The next major revolution in real estate will be fee-based services replacing the blanket commission pricing that has dominated the industry for so long."
…it’s discouraging to see this debate reduced to two options:
"There are two general ways to sell a piece of real estate. You can do it yourself (usually known as doing a for sale by owner, or FSBO), or you can utilize the services of a real estate agent."
There are dozens of tasks in both the home buying and selling process that web-savvy real estate consumers can purchase "a la carte" to meet their specific needs, without incurring a five to six percent real estate commission.
IMHO, presidential debates should not ignore credible third party candidates, and this residential debate should not exclude alternative fee-for-service business models either. Those business models — together with long overdue industry reforms — will enable buyers and sellers to save billions of dollars annually without sacrificing the benefits of professional advice.
If you live in New England and would like to join our experimental "FSBO Support Group," please contact us by phone (617-661-4046) or email.