I have a serious grip with real estate brokers whose only solution is to lower the price. I do not need no fricking real estate broker if the price they offer to sell the house at is the same price as a bank foreclosed property is selling for. What do brokers not get? If you bring no value to the transaction, why should I pay you a commission. When real estate was booming brokers did very little but bring a buyer to a property. Now, that real estate has collapsed they believe that the same level of service is sufficient to earn a commission. It is not, I hire a broker to add value to the transaction in the form of a higher selling price. I am sick and tired of reading articles about how brokers are happy that sellers finally get it. Guess what it is the brokers who do not not get it. If they can not sell a property for more than I can sell the property for, they have done nothing to earn a commission.
Many other businesses have the same mentality, they do not understand that to survive in this environment, they need to add value to the customer's life, is your business adding value or are you just collecting a revenue stream?