There’s no question that, as a profession, REALTORS® are committed to serving the best interests of their clients. Despite their best intentions, however, a few long-entrenched business practices can hurt uninformed sellers.
Home Selling 101
Many areas, including Minnesota, are dominated by large brokers. Despite some advantages, their dominance can create negative side-effects for both home sellers and home buyers. You can sense their influence in many of the local laws, policies and procedures.
Big Brokers = Big Sway
These disadvantages, detailed throughout this site, start with the boilerplate language in standard listing contracts.
Skewed Listing Contracts
When you look at standard boilerplate listing contracts, it’s not hard to tell they were written by REALTORS®. There’s nothing wrong with that, and nothing surprising about all the subtle ways that common practices work favor the broker over the sellers.
Use the tips, comments and suggestions featured throughout this site to make the process work for you instead.
You know why lots of second-time home buyers choose an Exclusive Buyers Agent over a traditional real estate agency? It's because they've already been through the process—and realize there's a better way to buy a house.