Originally Posted by chimchim
Very good points. Ok, let me just measure the severity...
What if, with the fixed fee agent, you trusted the person to not drop the ball and that they are a competant agent.
What is inherent about the fixed fee agent that causes the things you mentioned? (missed deadlines, poor negotiation, wrong forms, etc)?
The reason I ask is because those things sound like they are symptoms of a bad agent, not necessarily the part of the system they are in.
lack of incentive. There are such things as quality "help u sell" type brokers, I've met them, they're just a rarity. If you have an exclusive agency relationship with someone and you drop the ball, there are more severe legal and professional reprocussions. Full service brokers are also more often then not Realtors (not all brokers are Realtors), which means they are bound to a code of ethics and professionalism that is not legaly required.