Create Account said:
Realtors,
Not debating the long held practice of 3%, but how would you itemize / break down your value for the 3% commission?
-Perform CMA and suggest list price
-Help with staging, decluttering, etc.
-Marketing - photos, MLS listing, schedule showings, keybox
-Negotiating contract, inspecting report, etc.
-Closing
On the buyer's side?
-Finding the right property
-Perform CMA on target property and suggesting offer price
-Writing contract
-Negotiating contract
-Help with inspection, finding insurance, finding mortgage
-Closing
Has there been any interest in providing these services a la carte for a flat fee?
On the sellers side, I do all you said and:
I send my crew out to cut the yard, put down new mulch, some landscaping, pressure wash the fence & drive, make small repairs and clean the inside. I pay for all of that out of pocket.
I pay for Adwords, FB marketing, newspaper ads, open houses, professional photos, flyers, custom riders for the home, etc.
I am walking the neighborhood to talk to neighbors about the home, on the phone to other agents and making random cold calls.
One the buyers side:
I try to stay away from buyers because they're not as costly, but they're a lot more work. You are dealing with the lender, usually driving them around, eating with them, picking crap up for them, etc.