Dear Peter:
Your article about Buyer's Broker's Fees is excellent! We have been on the same page for years.
However, please consider the following point:
When did a competitor set the value of another's service?
On the MLS playing field, the listing brokerage has pre-determined the value of another MLS member's service who brings the buyer to the transaction.
Does a dentist run to the dentist next door and ask how much he charges/ or should charge for a root canal?
Obviously not! Then why does a listing brokerage even think that they have the right to determine the value of another professional brokerage's service?
In my opinion, the MLS is a membership of competitors. It's purpose is to disclose to all members the availability of properties. It's purpose is not to pre-determine the value of another member's service to it's client or customer.
Have a sunny day, Peter!
Regards, Lois M. Hekker, Broker Buyer's Agents International Realty 153 Avenida Messina - Sarasota, Florida 34242 941-349-9800 Fax: 941-346-0927 Award winning website at: http://Buyersinternational.com
Lois M. Hekker, "Exclusive" Buyer's Broker
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