In the Business Age today there is an article headed "Lawyer sued over flat-fee house-sale work".
As we delve into the article (and I will seek to find it online and post up shortly) we find that he has upset the Real Estate Industry as his service encourages buyers, but more particularly sellers, to do it without Real Estate Agents.
Having brought and sold more than 20 properties myself over the years, and having worked for a couple of Real Estate Agents, and my Brother was an auctioneer, I think the ideas of this Merrika fellow may have some merit.
With the internet facilities today most properties are identified by prospective buyers in that way, all that is left is a drive by and then an inspection. All of this can now be accomplished by anyone without any contact with agents. All you need is a conveyencer, a listing on the net and a phone number to arrange a get together. The price (regardless of what is asked) is where the two parties agree.
There will be exceptions of course, mortgagees sales and those needing to get out in a hurry. But most, if they think about it beforehand, do not need to put themselves under pressure when selling their home. And on high priced places, could save themselves a lot of money.
What do ASF'ers think of this.