I'm on a Mexican beach with little to no Internet access. Sad isn't it?
Here is a post from March 2006. That was right when the builders turned from shunning agents to sucking up to them.
They're still sucking up…
Here are a couple of snips from the beginning and the end of the post.
Six months ago, many (most) new home builders were slicing commissions paid to Realtors representing buyers. Why? Simple. They didn’t need Realtors to bring them buyers. As reported in this blog and ThompsonsRealty.com, the builders had ridiculous waiting lists—people were clamoring for lots to build homes on. Builders weren’t selling to “investors”, they weren’t paying real estate agents (many cut the commissions to ZERO). They had plenty—too many—buyers for new homes.
Sometimes I just wish they’d all pack up their pretty model homes and just drive away to the next market they decide to whack. Laugh at me when I bring you a buyer six months ago and now you’re going to kiss my ass to bring them to you? Gimme a break!
It's interesting to see how little has changed in the last year and a half. Yet they continue to build new homes at a blistering rate…
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{ 6 comments… read them below or add one }
Paula Henry 10.19.07 at 7:34 pm
Jay - I still receive email from builders in Az. I remember when they wouldn’t cooperate with Realtors, now they are begging. Let em beg! Builders in Indy are different, they reduce the price. What a concept!
Thesa Chambers | Broker | Sunriver Realty 10.20.07 at 12:12 am
I want to know how you set these up to reload - please share with me when you get back.
Dining Room Set 10.20.07 at 6:52 am
In all businesses this happens and am happy for you that it is pay back time.
Orlando REA 10.22.07 at 4:58 am
I am glad to hear that the home builders are getting back on board with the agents. Hopefully when the builders numbers are back up they will remember who helped then through the tough times.
Rental Advertising 10.22.07 at 12:43 pm
We see this in the rental market too. Nobody wants to pay an extra fee when they think they can do it without you. In business when companies cut spending, the first to go is marketing. The opposite should be the case, in tough times and good, spend on marketing and give to agents that bring you business.
Jim Olenbush 10.23.07 at 9:07 am
Some of the builders were starting to give us a hard time too, now they are throwing open house parties in our “honor”! So funny, they never learn.