posting a sign infront of their house that says, ''FOR SALE BY OWNER,
NO AGENTS''
I tend to believe the opposite tack.i believe in paying professionals
well. There are expensive lawyers,accountants,doctors,
brokers,and stockbrokers.
We live in the Information Age. Information is priceless. A good
broker should provide you with information as well as take time to
educate you.
What you pay a broker is tiny in comparison with what kind of money
you can make because of the information they provide.
A broker is your eyes and ears to the market. They're there everyday
so you do not have to be,you can play golf or your favourite game.
Also, people who sell their house on their own must not value their
time much. Why would you want to save a few bucks when you could use
the time to make more money or spend it with those you love? What i
find funny is that so many poor and middle class people insist on
tipping restaurant waiter 15 to 20% even for bad service and complain
paying a broker 3 to 10%. They enjoy tipping people in the expense
column and stiffing people in the asset column. That is not
financially intelligent.
Find a broker who has your best interests at heart. Many brokers will
spend the time educating you,and they could be the best asset you
find. Just be fair,and most of them will be fair to you. If all you
can think about is cutting their commissions, then why should they
want to be around you? It's just simple logic.
NB - From; Rich Dad Poor Dad,by Robert T. Kiyosaki.
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