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A comment on Zillow CEO: startups trying to disrupt real estate commissions will fail (2012). Parent comment

Re:Zillow CEO: startups trying to disrupt real estate commis... by lotsofpulp on Wednesday January 16, 2019 @07:20PM (#18927117)
One of the key functions of a broker is to provide plausible deniability, such as screening potential buyers who you think might waste your time or to avoid accusations of discrimination.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by dd36 on Wednesday January 16, 2019 @10:00PM (#18927955)
Brokers have to present all offers.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by firebird84 on Thursday January 17, 2019 @08:23AM (#18930560)
They may have to present all offers, but they don't have to present them in the same light. When I've been presented offers they DEFINITELY tell me about the strength of the buyer, what kind of financing, and what the deal terms are signalling. This stuff definitely matters to me because I've had to hassle with cash-poor buyers before and it just isn't worth the time, even in a buyers market.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by dd36 on Thursday January 17, 2019 @10:00PM (#18936695)
The information about the strength of the buyer comes from their proof of funds or pre approval.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by paulie_a on Thursday January 17, 2019 @11:51AM (#18932304)
Legally the broker is presenting an off utilizing an agent. An extension of them essentially.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by tim333 on Thursday January 17, 2019 @07:22AM (#18930195)
But at least they can waste the brokers time rather than yours.
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