Let's make this even more on topic. What would Munger and Buffett do?
They've long emphasized the importance of reputation and trust in business dealings. In real estate, a broker's reputation can significantly impact the success of a transaction:
Trust and Credibility: A well-respected broker builds trust with clients and other agents, which can smooth out the transaction process.
Market Knowledge: Experienced brokers often have deep insights into local markets, potentially leading to better pricing strategies and negotiation outcomes.
Network Effects: Respected agents may have better relationships with other professionals in the industry, which can help deals close more efficiently.
Quality of Service: Full-service brokers might offer more comprehensive support throughout the buying or selling process.
I've used the same RE broker for many properties in Southern California over the years. Reputation does make a difference, especially selling properties. When buying you always go directly to the listing broker.