Quantcast
Home manage Las Vegas Review-Journal
  Jobs Cars Homes Shopping Travel Weddings Golf Best of Las Vegas Photo   Search:

RECENT EDITIONS
Tue Wed Thu Fri Sat Sun Mon

Real Estate


Brokerages come in different formsResale Homes Report

While traveling across country this week, I ran into several people who brought up a story that aired nationally on last Sunday's edition of the CBS news program "60 Minutes." The story touched on questions buyers have about using a Realtor, as opposed to brokers and other companies that offer some form of self-service, Internet-based or discounted service to help people buy and sell homes.

Such questions are to be expected. As more people use the Internet to access information and buy goods and services, it's only natural for consumers to shop for a home online.


Most Popular Stories
  • HOT PROPERTIES
  • Resale Homes Report
  • GRAND OPENING: Meritage debuts Great Falls
  • Can management companies charge by number of units?
  • REAL ESTATE BRIEFS
  • Pardee Homes keeps it in the family
  • Harmony Homes features Rivendell
  • Research market before bidding on home
  • Mortgage rates near record lows, still difficult to get home loan
  • NEW OFFICERS AND DIRECTORS ELECTED TO SERVE ON THE BOARD FOR GLVAR IN 2010




  • Real estate professionals deal with this daily. In fact, Realtors adopted this technology early on and continue to use it in creative ways to help buyers and sellers.

    There certainly is a place for all types of brokerage models in today's market. Since real estate is both high-tech and "high-touch," it requires both electronic and personal interaction. So make sure whatever company and agent you use to help you buy or sell a home provides the right level of service for you.

    Here are some other things to consider:

    There is no correlation between the fees or commissions charged and the service you receive. That is, all companies, whether large or small, Internet-based or full-service, have their own business model that allows them to provide services based on their fee structure. Likewise, every agent personalizes their own marketing plan and services.

    There is no such thing as a standard real estate commission. Commissions are negotiable and prices vary. If you don't agree with the commission proposed by your Realtor, feel free to negotiate or find one whose fees and services match your needs.

    Decide if you're a "do-it-yourself" person or not. Will it be you or your agent who will make the marketing materials, advertise, host an open house, prequalify buyers, show your property while ensuring the security of your home and family, present and negotiate offers and counter-offers, meet inspectors, write addendums and make sure you're complying with state law. In any case, make sure you know what services you are getting for the fee charged.

    Whatever you decide, know that choices are good for consumers. As always, the best advice may be to do your homework and find the expert who will work best for you.

    For more information on this and related topics, check out the NAR Web site at Realtor.com.

    Devin Reiss is the president of the Greater Las Vegas Association of Realtors (GLVAR) and has worked in the real estate market for more than a decade. GLVAR has more than 17,500 members. To ask Reiss a question, e-mail him at ask@glvar.org. For more information, visit lasvegasrealtor.com.

    Newsvine Digg Fark Technorati reddit StumbleUpon del.icio.us Slashdot Propeller Mixx Furl Twitter MySpace Facebook Google Bookmarks Yahoo! Bookmarks Windows Live Favorites Ask MyStuff myAOL Favorites

    Leave Your Comment 0 Reader Comments
    Terms & Conditions
    The following comments are provided by readers and are the sole responsiblity of the authors. The reviewjournal.com does not review comments before publication nor guarantee their accuracy. By publishing a comment here you agree to abide by the comment policy. If you see a comment that violates the policy, please notify the web editor.

    Some comments may not display immediately due to an automatic filter. These comments will be reviewed within 48 hours. Please do not submit a comment more than once.
    Current Word Count:

    Note: Comments made by reporters and editors of the Las Vegas Review-Journal are presented with a yellow background.