OBVIOUS 🚨 ALERT!!: Discount Real Estate Brokers Are Going Out Of Business.
Discount brokers and FISBO sales are at an all time low. This news isn’t news to your full time, and full service Realtor friends. Good Realtors don’t play Realtor like a kid picking out a Halloween costume. In fact, we look at discount brokers with merciful eyes for both their clients and themselves. We don't envy them nor do we think about them unless we see that yet another has gone out of business. Why are discount brokers going out of business at such catastrophically high rates? #1 In our state it is illegal to "limit" services as a Realtor. Meaning, many discount brokers are out of business because they were not practicing legally. #2 logic. If you charge anyone less than what it costs to provide your service. You will eventually run out or money. #3 There are many other reasons but frankly, #2 sums up the main reason discount brokers are giving up. Homeowners are selling homes themselves less because it...