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by kkotak
2235 days ago
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Agreed. I've done a few real estate transactions using different agents. Bottomline - 1. There is no such thing as building relationship with agents and clients. It's purely a transactional encounter.
2. As you pointed out, the incentives are misaligned between Buyers/Sellers and their agents. Agents just want the deal done asap, add it to their resume, and move on.
3. Most agents are passive aggressive and dislike most of their clients except for the ones who don't have a clue and blindly trust their agents.
4. I really hope RE moves on to a more structured, online marketplace with consumer protection laws as a safetynet. |
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-- You want to buy your first house, I sell you a house. -- You have a couple kids and want a bigger house. I help you sell your house and buy a new house. -- Your stock is doing well and you want a vacation house, I help you buy one. -- You want an investment property to send the kids to college and/or pad your retirement fund. I help you buy one. -- You are ready to retire and move someplace else, I help you sell your house and I refer you to an agent in the place you want to buy.
Thats's seven deals I can potentially help you with, if I take care of your needs and earn your trust and business. Compare to what happens if I don't do right by you and you go to a different agent - I get one deal, no referrals to your friends, no nice words from you I can put on my website, etc. So sure, there are agents that are purely transactional, but those agents are doing it all wrong - for you the client and for themselves too.