We have enough laws. Plus, man does not live by laws alone. More common sense & honesty professionals remain a good investment when it comes to Real Estate prices, sales and transactions. Hire honesty & you get results

I am not in favor of that kind of law.  The real estate industry needs to do a better job of educating the public about the benefits of using an agent and the risks involved by not doing so.

That's a great question, but we already have too many rules and regulations. Plus some sellers are savvier than green or bad agents.

Nope.  Nope.  Nope.  It's called free enterprise.   One thing leads to another.  Next thing you know I wouldn't be allowed to drive a nail into a piece of wood because I'd have to hire a carpenter for it.

Nope.

real estate agents add plenty of problems to the mix, it won't solve anything.

No.  I think the supreme court would have something to say about that one.

Last thing we need are more laws!

No, it makes no sense to us.  If someone wants to sell their own home, they are entitled to do that.  A

No, it's never going to fly. It's called a monopoly - can't force anyone to do anything.

Not sure what specific problems you believe need to be solved with this type of mandate. I think most people should use agents and that it would solve a lot of their problems. I'm less convinced that people should have to use an agent if they do not wish to do so. The law would also never hold up in court.

Yet anotherh law......ahhh  NO!

Not unless you increase the competence of the agents.  Many clients know more than their agents and only hire them for the convenience.  Others are led astray by poor agents.

That would be impossibe in my opinion, and I for one would not be in favour of it.  We as an industry need to educate the public better on the benefits of using a realtor.

I am not an attorney but it doesn't take one to say that anti-trust would be invoked rather quickly. Common sense.

I do not think so. You do not have a law to have a surgery, but when you have to, you can perform it yourself...;) but rarely anyone does. 

Although I am in the business, I would not support such a law. There are always situations in which use of a real estate professional would not be needed and unduly burden a transaction, such as between family members.

I think there are more problems when attorneys list property!!!! 

Definitely not. How much more regulation do we need

Not a good idea at all to make it a law.  Homeowners have property rights and that includes the right to sell anyway they want but are held to certain mandatory requirements in most areas and they should know what they are.  Buyers also have the right to buy real estate with or without an agent and being on their own they should learn what they need to know before they start the process.  

The results might not always be what they expect, but they do have those rights.  

No way!!!

What kind of problems are you referring to, HOMEiZ.COM HOMEiZGROUP?

Absolutely not. We have way too many laws and requirements in this country as it is. This country is founded on free choice and though I think it is better for the consumer to use an agent, if they opt not to, it is still their personal choice with all the consequences that go with it.

Nope. Too many laws as it is. 

HOMEiZ.COM HOMEiZGROUP No, for the same reason we don't have a mandatory set fee if they do use an agent.

No and NO!! love Don Davies, GRI "AshevilleRealEstateTrends.com" comment..Amen!!

WE have enough laws!!!!

No - we have enough laws and people have the right to sell their own home. It would not solve problems as there are too many agents that do not have a grip on the business. 

 We already have enough laws that nobody is prosecuting.  Never happens in my lifetime...

Solve problems? Yes.

Create problems? Oh, Yes.

Make the industry better? Of course not.

Serve the public better. Definitely not.

All the problems this 'law' could possibly solve would be resolved internally by holding brokers accountable. I.E. publicly display the number of interns they keep. (those with less than 15 transactions a year)

Image, a brokerage of 100 agents with 90 percent interns, data readily available to the public. Now KW has attempted to obfuscate this by their 'insistance' on teams. However, the number of license agents is the only number that matters.

No more laws please. Laws, especially this one, is protectionist and insure the presence of many agents not proficient in the mechanics of a house sale.

Not that...but we should have a law were the agent works in an office that represents either only sellers or only buyers. No conflict of interest and no commission greed.

That would be ideal.

Eve

Absolutely not.

no

Richie Alan Naggar nailed this one!

No, I don't think use of a real estate agent should be mandated. If buyers and sellers want professional assistance, it's available to them. If they don't, then they can go forth and attempt the sale or purchase on their own. So current methods are fine!

HOMEiZ.COM HOMEiZGROUP - we are a 'free' country, isn't it?

No.

Parked and reading.

   No.  It would lead to more Government regulation and bureaucracy.  It would probably create monopolies from the real estate companies who can buy off congressmen and senators like McCain, Ryan, Pelosi, Schumer, et al.

What a great idea but not sure how to enforce it.

Nope.

Be careful with your wishes. It would be more likely to have a new law requiring real estate transactions to be handled by lawyers. That would be an effective way to eliminate the surplus supply of agents.

I don't think this would ever get through.  And, probably a violation of free trade.

I do not think they can pass a law to make you use a service or buy a product. (oh wait... the dems did just that with health insurance and look how that is hurting more people then helping}. With real estate, those sellers most often will say they are doing themselves to save money. They then often end up costing them money. 

No, we don't need that law. We live in a country where we are allowed freedoms which include freedom of choice. Now, if the law also says that every buyer has to get a mortgage, mmmmm. Lol

I guess that would work out about as well as Obama requiring everyone to buy health care insurance! Is this a serious question?

I would NOT  like being the agent forced by the law on a buyer or seller!

NO, although it would be nice if they wouldn't try it alone - DIY real estate can be quite costly for those trying it.  But, Lord knows, we have enough rules and regs in this country - we don't need any more!

I'd be 100% opposed to such a law... Insanity... Only realtors who won't or don't prospect would want such a thing... Go get some listings... :)

Will always be do it yourselfers!

I don't think that would ever happen, sellers can do as they please.  If they want to sell it themselves, they leave themselves open.

Our country was founded on freedom. If people want to take the risks associated with selling on their own, they should have that choice.

I don't know about making it a law, but I wish people could see some of the things I've seen when people try to buy or sell a house on their own. 

Not necessarily. Last time I checked that might not fly so well with Judicial review of the Constitutionality. I would suggest a 50 State  requirement of a Buyer-Broker Agreement  to be signed before showing clients homes. Some States require this and I think it helps make buyers honest.

No, that would be too much interference with people's personal affairs and property. Besides, some agents don't make matters better.

While not necessarily in favor, I do see merit in it. But alas too many stupid laws already