Chad Syverson

When you pay someone by the hour, you get a lot of hours that maybe you don't really need. So it's not a panacea.

When you pay someone by the hour, you get a lot of hours that maybe you don't really need. So it's not a panacea.

I can see people trying it out on their own and not liking it, certainly. There's probably going to be a set of really sophisticated sellers and buyers who will just keep doing it by themselves. But I think what you described could happen, which is the typical house seller is like, geez, I might have the mechanism to do it, but I really don't know what I'm doing enough.

I can see people trying it out on their own and not liking it, certainly. There's probably going to be a set of really sophisticated sellers and buyers who will just keep doing it by themselves. But I think what you described could happen, which is the typical house seller is like, geez, I might have the mechanism to do it, but I really don't know what I'm doing enough.

I can see people trying it out on their own and not liking it, certainly. There's probably going to be a set of really sophisticated sellers and buyers who will just keep doing it by themselves. But I think what you described could happen, which is the typical house seller is like, geez, I might have the mechanism to do it, but I really don't know what I'm doing enough.

I don't have the time, et cetera, et cetera. And so they want to hire an agent. Again, there are reasons why agents are valuable, but if the structure of compensation falls apart and people do want to run back to agents and I understand why that would happen. I would hope the compensation structure doesn't reverse itself back to what we've got now.

I don't have the time, et cetera, et cetera. And so they want to hire an agent. Again, there are reasons why agents are valuable, but if the structure of compensation falls apart and people do want to run back to agents and I understand why that would happen. I would hope the compensation structure doesn't reverse itself back to what we've got now.

I don't have the time, et cetera, et cetera. And so they want to hire an agent. Again, there are reasons why agents are valuable, but if the structure of compensation falls apart and people do want to run back to agents and I understand why that would happen. I would hope the compensation structure doesn't reverse itself back to what we've got now.

I would consider doing a for sale by owner. If I did, I would, quote, cooperate with buyer's agents. In other words, if... The buyer's agent was expecting to be compensated through a split with the sell-side agent. I'd effectively pay money because I would know that if they weren't being compensated by their own client, they've got no incentive to bring their client to my house.

I would consider doing a for sale by owner. If I did, I would, quote, cooperate with buyer's agents. In other words, if... The buyer's agent was expecting to be compensated through a split with the sell-side agent. I'd effectively pay money because I would know that if they weren't being compensated by their own client, they've got no incentive to bring their client to my house.

I would consider doing a for sale by owner. If I did, I would, quote, cooperate with buyer's agents. In other words, if... The buyer's agent was expecting to be compensated through a split with the sell-side agent. I'd effectively pay money because I would know that if they weren't being compensated by their own client, they've got no incentive to bring their client to my house.

There are reasons to have a sell-side agent that are valuable, particularly in the neighborhood I live in. It's sort of a small niche market, and it's good to have that relationship pre-advertising component that having a sell-side agent can give you because they talk to other people in the market.

There are reasons to have a sell-side agent that are valuable, particularly in the neighborhood I live in. It's sort of a small niche market, and it's good to have that relationship pre-advertising component that having a sell-side agent can give you because they talk to other people in the market.

There are reasons to have a sell-side agent that are valuable, particularly in the neighborhood I live in. It's sort of a small niche market, and it's good to have that relationship pre-advertising component that having a sell-side agent can give you because they talk to other people in the market.

I think I could really handle the buy-side myself. The exception is If I thought the market were tight enough that having knowledge of sales to come was important, just tootling around on the internet myself, I'm not going to know a house is for sale until it's for sale. And in a hot market, it might be essentially gone by that point. So in that world, I might consider a buyer's agent.

I think I could really handle the buy-side myself. The exception is If I thought the market were tight enough that having knowledge of sales to come was important, just tootling around on the internet myself, I'm not going to know a house is for sale until it's for sale. And in a hot market, it might be essentially gone by that point. So in that world, I might consider a buyer's agent.

I think I could really handle the buy-side myself. The exception is If I thought the market were tight enough that having knowledge of sales to come was important, just tootling around on the internet myself, I'm not going to know a house is for sale until it's for sale. And in a hot market, it might be essentially gone by that point. So in that world, I might consider a buyer's agent.

But in a slower market, I think the agency component I would do myself.

But in a slower market, I think the agency component I would do myself.

But in a slower market, I think the agency component I would do myself.