“The market is not as hot as it was last spring” ...Fortunately, in our recent real estate transaction, we got to work with a smart, polite, responsive, knowledgeable and professional, whom I’ll refer to as Eric Swift, . Having years of experience and working under an international, prestigious brand, Swift is the kind of agent you want representing you.
For our agent, the compensation would now be $13,860 — only $140 lower, but for us –— almost $10,000 less! That’s the core of the problem: our agent is insensitive to the sale price. He wants to sell at any price. “We have higher chances of getting strong action from the beginning. I’m afraid that starting at $998,000 would not help you to end up with the best price,” he wrote.
For his part, Swift says claiming that access to the data is “asymmetric or restricted” could be misleading. He says agents invest in memberships and tools that provide them access to data quickly, the same way other professionals or experts invest in specialized equipment.Swift was honest, but, theoretically, agents could provide partial, misleading market information to their clients.