Real Estate Industry vs. Discount Brokers

[george]

Why do realtors seem so worried about companies like Redfin and the discount brokers? If the traditional agents are actually providing a service that consumers need at a competitive price, then why worry?

Can anyone who actually knows something about the business explain this for me:

"I've personally had brokers [and] agents tell potential sellers that no one would show my listing. . . . I have had signs stolen. . . . I even had one agent who was ridiculed in public for being a discount broker at a public Realtor event."



http://blog.seattlepi.nwsource.com/vent ... 115311.asp