Critical information for buyers and sellers has become readily accessible in a fraction of the time and at a fraction of the cost. Market analyses, transfers of ownership, title issues, tax rates, demographics, etc., are all a click away. The broker is no longer expected to be the primary—if not sole—source of information upon which buyers and sellers set transaction expectations.
Based upon these changes in the marketplace, the traditional percentage-based fee arrangement does not fairly reflect the true value of listing services. See How It Works for more information.