And I have absolutely no issue with rock-star agents charging a premium.

But there are an awful lot of agents out there who just get your house on the MLS, give you a couple tips on how to stage the house for sale, and that's about it. If that is all the seller wants, fine. But that shouldn't cost 6% of the sales price.

If the seller wants aggressive marketing, fewer days on the market, and the best sales price possible, that is certainly worth paying for a premium real estate agent.

But instead we have a system where the great agents and the bad ones are all paid the same. Sure, the great ones earn more over a year by selling more houses. But from the seller's perspective, it costs just as much to hire a lazy agent as a real one. I'd much rather be able to choose what level of service I want from my agent, and pay accordingly.

In response to this post by Tombo

Posted: 06/01/2019 at 2:10PM

Hidden Realtor commissions could be next housing-market domino to topple -- EDGEMAN 05/31/2019 2:52PM

I do think real estate agents provide a valuable service -- Tafkam Hokie 05/31/2019 3:24PM

So you're willing to pay for s days worth of work. That's all the value -- 133743Hokie 06/01/2019 5:07PM

How many properties do you think an agent sells in a month -- fordham 05/31/2019 3:33PM

The vast majority of agents sell zero homes a month -- bulab 05/31/2019 7:18PM

Are you selling $300k-$500k houses or $5 million houses? -- RTFC 05/31/2019 7:16PM

Which is harder to sell? ** -- 133743Hokie 05/31/2019 8:59PM

Due to shear numbers -- RTFC 06/01/2019 10:37AM

They aren't hourly workers. You pay for value and benefit to you** -- 133743Hokie 06/01/2019 5:04PM

True, but their value isn't proportional to the price of my house. -- RTFC 06/02/2019 12:03PM

Your opinion re value. Others disagree. ** -- 133743Hokie 06/02/2019 7:55PM

Everybody values things differently. -- RTFC 06/02/2019 8:14PM

I know we have a realitor in my local BMW CCA chapter. He drives... -- EDGEMAN 05/31/2019 4:13PM

You realize that the business gets a big piece of that 3%, the realtor -- 133743Hokie 05/31/2019 9:00PM

That has a lot more to do with how many real estate agents there are -- Tafkam Hokie 05/31/2019 3:44PM

Problem is that 8250 isn’t just a check -- Tombo 05/31/2019 8:44PM

So? -- Tafkam Hokie 06/01/2019 10:17AM

I wasn’t contradicting you, simply that -- Tombo 06/01/2019 1:42PM

And I have absolutely no issue with rock-star agents charging a premium. -- Tafkam Hokie 06/01/2019 2:10PM

Less than that to the individual ** -- 133743Hokie 05/31/2019 9:01PM

Are agents needed with the amount of info available online ** -- HokieForever 05/31/2019 3:38PM

Yes, they need to unlock the front door. ** -- vtbones 05/31/2019 4:35PM

In my opinion yes as they do more than just sell the house -- fordham 05/31/2019 3:40PM

I agree. They can save you a lot of time and money, particularly if the -- RJHokie 05/31/2019 4:31PM

And I have absolutely no issue with rock-star agents charging a premium.

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