Should you hire and use a "Internet Broker"?

From my point of view I honestly see a niche for "Internet Brokers" to help buyers and sellers in today's market. Sometime they will not be able to help someone for example; last week I spent over 40 hours throughout 3-days of negotiations "working out" multiple offers, multi-counter offers, delays, requests, clarification, feet dragging and down right stubborness on the part of more than one person. It took all of my 31-years of experience in real estate to be able to deal properly with both the buyers and sellers to ratify this agreement. There is NO WAY someone sitting behind a computer screen can provide that type of knowledge, experience, and service! It wasn't easy and my negotiation skills alone were worth the commission I will recieve.

Do I deserve the commission? You bet! Is there a need for an "Internet Broker" in today's market? You bet! In the long run I believe all of real estate community will learn from each other and be able to work closer together than we appear to be doing now.

Currently the real estate community individuals who are involved on both sides of the issue seem to only want to put on the boxing gloves and duke it out. I find humor in this because from my point of view neither one of them are completely right.

Remember there are two basic real estate principals involved here; the buyers wants the lowest purchase price with the least amount of extra costs and the sellers wants the highest selling price, in the shortest period of time, with the fewest concessions. Each one needs their own advocate to promote their positions. So, you as the comsumer should use the right advocate that works best for you and your interests! YOU (the public) are always in control with your power to choose.

"Most of the things worth doing in the world had been declared impossible before they were done." - Louis D. Brandeis

HOMES SOLD BY CITY:
Redwood City 10
San Carlos 6
Belmont 3

SALES PRICES
Under $1,000,000: 8
Over $1,000,000: 11
Highest: $2,122,500
Lowest: $720,000
Average: $1,106,473

DAYS ON MARKET
Least: 1
Most : 136
Average: 29

SALES VS LIST PRICE
Low: -19.5% (high-end home on the market 136 days)
High: +10% (high-end home on the market for 5 days)
Average: -1.4%

Current Inventory and Price Ranges - San Mateo County By Cities

Atherton 30 homes, $1,338,000-17,900,000
Belmont 58 homes, $359,950-1,888,000
Brisbane 21 homes, $535,000-1,650,000
Burlingame 75 homes, $418,000-2,995,000
Colma 2 homes, $499,950-749,900
Daly City 442 homes, $129,000-$2,000,000
East Palo Alto 115 homes, $269,000-1,250,000
El Granada 30 homes. $599,000-1,995,000
Foster City 59 homes, $438,000-1,725,000
Half Moon Bay 70 homes, $209,000-7,500,000
Hillsborough 43 homes, $1,990,000-24,500,000
La Honda 12 homes, $435,000-7,900,000
Loma Mar 2 homes, $639,000-$1,950,000
Menlo Park 85 homes, $435,000-4,995,000
Millbrae 46 homes, 469,000-1,795,000
Montara 18 homes, $719,000-2,850,000
Moss Beach 16 homes, $599,000-$1,595,000
Pacifica 126 homes, $395,000-2,750,000
Pescadero 13 homes, $429,000-6,500,000
Portola Valley 15 homes, $1,495,000-6,995,000
Redwood City 227 homes, $299,950-3,795,000
San Bruno 200 homes, $219,000-1,299,000
San Carlos 81 homes, $248,000-2,600,000
San Gregorio 2 homes, $1,149,000-2,200,000
San Mateo 324 homes, $317,000-7,500,000
South San Francisco 244 homes, $345,000-1,498,888
Woodside 43 homes, $898,888-18,500,000