What are your thoughts on companies that charged a $1,000 or $2,000 fixed fee for sellers or buyers. I’m talking as a business to run. Is it viable business if I want to do it?

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Those companies typically have other lines of business where they make money. The low fee is just creating leads for the “real” business

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For what?

Given how much it typically cost to buy/sell today, I don’t see how you can make money at $2000 unless all you do is post a house in MLS. You would need a lot of volume. Unless you covered a large city, you would have to have a significant market share to replace your EY salary.

You still need a ton of volume to make decent money. And how do buyers get into homes ti see them if you aren’t present? That takes a lot of time unless you will charge per home seen.

Are you talking about being a discount real estate brokerage?

It is certainly a viable business strategy, as there are companies out there who do it. It’s just very low margin so doesn’t sound like a fun business to me in the long run

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