Quote:
Originally Posted by Priebehouse
When I was in real estate in the late 70's/early 80's there was a lot more work involved. Developing an accurate Market Analysis, advertising, maintaining a book of active buyers, cold calling, SHOWING homes to clients, etc. was all done by the agent so you worked for your commission. Now it's all done on the web. That's how I found my home in TV. The RE Industry needs to realign the structure now that this case has been settled. Otherwise, the backlash will be tremendous. 
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I agree. Gone are the days of printing flyers and stapling them up, walking neighborhoods, going to courthouses for records, and the draining of resources to filter searches for a buyer. Most of the leg work now is done by computer. Commissions don’t need to be 50 thousand for the sale of a million dollar home. The handout is an insane amount.