01-19-2009, 05:51 PM
Dave I'm totally confused. I don't think brokers are to blame for the current situation but I don't hold them in especially high regard either. It's a service. But your posting makes it sound like when someone uses a broker they get title insurance included, and that is part of the 6%? Seems every place I bought and sold I paid for that.
And in the last paragraph, there's this fear that something will be missed on title if a broker is not used? I've sold a few with brokers and a few without, either way I can still get title insurance myself.
Finally, I lost the point of defending brokers when you indicated how much extra you do for your clients (I'm sure you're as good as you say), doesn't that indicate that the majority do alot less than you?
If I was advising my friends or family I would say a few have the ability to sell on their own, but the vast majority don't know enough and should use a professional.
And in the last paragraph, there's this fear that something will be missed on title if a broker is not used? I've sold a few with brokers and a few without, either way I can still get title insurance myself.
Finally, I lost the point of defending brokers when you indicated how much extra you do for your clients (I'm sure you're as good as you say), doesn't that indicate that the majority do alot less than you?
If I was advising my friends or family I would say a few have the ability to sell on their own, but the vast majority don't know enough and should use a professional.