Sherman’s News and Editorials

November 28, 2007

Deciding Whether you Actually Need a Realtor

Filed under: Real Estate — Tags: — @ 7:35 am

A big question that is being asked these days is ‘Do I need a Realtor?’

I mean really…’DO YOU REALLY NEED a REALTOR?

The 60 Minutes piece about agents making massive commisions for a few hours work shocked and outraged many homebuyers and sellers, sending repercussions throughout the real estate business and prompting many prominent real estate agents, brokers and firm owners to go on the defensive…… A recent article in The Suburban Journal by esteemed writer Don Rogers sums up this attitute, as he describes some of the pitfalls of the industry. However, it was observed that the sellers generally gets screwed more than anyone by the staus quo. he writes: ‘The good news, however, is that in most cases your buyer’s agent receives his or her compensation through the seller and the real estate company that has the listing’…..I predict that we may see a sort of transformation similiar to what we saw in the the Stockbroker game a while back, when the internet finally made it possible to easily trade stocks without the help of a broker. Especially as we are seeing  a sort of proliferation of regional ‘by owner’ websites popping up everywhere.

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