Tuesday, September 21, 2010

Anyone here having a hard time selling real estate?

So hard that you've left the business, or are thinking of leaving the business? Out here in Chicagi, agents are leaving the biz left and right, esp.the ones who got in the game the last few years, and the older ones on the verge of retirement anyway...good news-in 1.5 to 2 years, the field will be cleared out again...bad news-everything will prob be web-based at that point on Craig's list type

sites. Point is, the business was on its way out anyway, just

like travel agencies and floor-based stock-brokers. You very well just saw the last hurrah of old-fashioned agency, like a supernova

before it burns out and extinguishes. Definitely time for these

agents to go back to their old desk jobs or school. Many here

are panicking, and dropping commissions so low that they are close to PAYING sellers to list. I'm being only slightly facetious on that last point, as some out here are charging 300$ for a full-service listing. Funny what starvation will do to commissions!

and mighty sad!