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Twice the size of the largest RE doesn’t mean much when 90% of the market is RE. People pick realtors, not companies, and companies have done pretty well to spr
by dclowd9901 3y ago
Twice the size of the largest RE doesn’t mean much when 90% of the market is RE. People pick realtors, not companies, and companies have done pretty well to spread themselves evenly over the great US landscape. And you’re not primed to capture a market that is focused on spending $0 to list. That’s the reason they’re avoiding the real estate pipeline in the first place.
- montgomster 3y agoI see your point, but it is not universal. There are a number of reasons sellers choose FSBO. I have spoken with thousands of FSBO as an agent and as DearMonty on my website. Here are a few other reasons: 1. significant inside real estate knowledge who know how the system works. Examples are contractors, attorneys, title company workers, and there are more. 2. Poor experiences with agents. 3.A need to be in control. 4. They recognize the significant asymmetry and conflict of interest of the agent. Yes, there are bottom feeders and they need us more, but they may be harder to convince. Time will tell. I appreciate your feedback/