“Some of these people expect tens of thousands for taking some pics, listing a home on the Internet and doing some paper work.”
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In some fairness, they find the buyers. That IS a benefit they bring to the table, perhaps the most important one.
No they don’t. In many cases the buyer finds the home, and the agent sits around and collects big league commissions. Anyone can go on realtor.com and find a home. You don’t need a RE agent to do that. Then there is the problem of the buyers and sellers agents colluding to maximize commissions, expedite the sale in an effort to collect those commissions quickly..on and on...