Should we have buyer's contracts for every buyer as well as the current seller's listing contracts for every seller? And should each contract set out the respective party's commission payment obligation?
Followed a lengthy blog discussion about the premise that sellers should not have to pay to make up for the time Realtors spend without remuneration on "real estate tourists" and "for ever window shoppers". It is up to Realtors to try and recognize this type of buyer before too much time is spent on them but it cannot be totally avoided. Would it not be fair that sellers and buyers each pay for the time spent by Realtors on their behalf? Is it fair that a seller has to pay the commission for someone whose obligation it is not to act in the seller's interest?
Followed a lengthy blog discussion about the premise that sellers should not have to pay to make up for the time Realtors spend without remuneration on "real estate tourists" and "for ever window shoppers". It is up to Realtors to try and recognize this type of buyer before too much time is spent on them but it cannot be totally avoided. Would it not be fair that sellers and buyers each pay for the time spent by Realtors on their behalf? Is it fair that a seller has to pay the commission for someone whose obligation it is not to act in the seller's interest?
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