Full-servie RE Brokerage vs Flat-fee, Limited Service and Internet-based Brokerages

W Michael Keller, "Realtyman1"
- 4.9/5.0
- (19 reviews)
Contributions:351

10 years ago full-service real estate brokerage were expecting inroads with the advent of Flat-fee, Limited Service and Internet-based Brokerages. Does this hold true in your area now? In my area flat=fee and limited service brokers have not made the inroads most expected. We have a few "MLS Only" and a la carte brokers, but people are finding that they as homeowners don't realize the mess they are getting into...legally, safety and otherwise. Comments about your area?

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April 25 2011 - US

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Replies (2)

Mike Satterlee, "Mike Satterlee"
- 4.8/5.0
- (7 reviews)
Contributions:621

I find that my clients simply want to be in control. If they are finding homes and determining which ones to see then I have no problem giving them a closing cost credit. The upside to this is that I stay pretty busy w/25 - 30 transactions per year through the worst real estate market in living memory. But I am not a "limited service" brokerage - perhaps this is why we are so busy. I'm always looking for a few good agents so if anyone wants to share in our success - feel free to contact me.

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April 25 2011

Frieda Triebel, "Frieda Triebel"
- 0.0/5.0
- (no reviews)
Contributions:234

The limited service brokers have not been that successful in North Jersey.. Some have even gone out of business. They simply do not have enough tools to maximize exposure.