Dow Falling

Discussion in 'Politics' started by GMDGator, Feb 2, 2018.

  1. NVGator

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    I agree with this. It's actually quite frustrating. Realtors are lower on the totem pole than Used Car Saleman.
     
    • NVGator

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      I refuse to do work in California.
       
    • '78

      '78 Dazed and Confused
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      I blame the RE system. It intentionally creates an environment that is ripe with conflict of interest.
       
      • NVGator

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        Which makes absolutely no sense. We don't put ourselves in conflicting situations. We don't practice dual agency. If I can't raise my hand, as if standing in front of a Judge, then I don't put myself in the situation.
         
        • Detroitgator

          Detroitgator General Factotum
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          There is only one thing you need to remember when it comes to RE agents, and I'm not even knocking them... A $10,000 difference in selling price to you as an owner is... $10,000. A $10,000 difference in selling price to your agent is.....?????
           
          • NVGator

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            Go on...
             
          • '78

            '78 Dazed and Confused
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            I get that. On the other hand, sellers and buyers can sometimes hurt themselves with unrealistic expectations. That's where a realtor can be esp helpful as a facilitator of a transaction.

            By and large the people I've worked with have been decent-minded professionals.
             
          • Detroitgator

            Detroitgator General Factotum
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            I’ve had all good experiences, but have been very selective with selling agent especially
             
          • Bammer

            Bammer Serving up sh*t sandwiches
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            Nailed it.
             
            • Detroitgator

              Detroitgator General Factotum
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              $250-$300... so $25-$30 per $1000 in sell price
               
            • NVGator

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              Thanks for explaining commissions percentages. What's the point of your statement? I'm asking because I don't want to assume.
               
            • Detroitgator

              Detroitgator General Factotum
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              Just that the agent’s financial incentive is vastly different than the sellers and thus their motive is more to sell at any price while every $1000 is much more important to seller
               
              • '78

                '78 Dazed and Confused
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                Except when factoring in the prospect for earning referrals as well as the seller's repeat business. A smart realtor takes good care of his customers.
                 
              • Detroitgator

                Detroitgator General Factotum
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                Again, I agree... my point is that people should be aware of the math/metrics involved. I also agree with you regarding unrealistic sellers, but that too is something a good agent should manage... or reject the listing.
                 
              • '78

                '78 Dazed and Confused
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                In other words, go into the relationship with a healthy degree of skepticism. I suppose. It never hurts to be prepared.
                 
              • Taco Gratis

                Taco Gratis Often wrong, never in doubt.

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                And remember, they work for you and don't be afraid to challenge them on price and or their understanding of the RE laws.
                 
              • pilot-in-fla

                pilot-in-fla Deplorable
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                The fact is there are lot of moving parts in a real estate transaction and a lot of opportunities to make big mistakes involving serious money. For example, handling of deposits, contract contingencies and timing, determining what inspections are appropriate and how to deal with the results, how closing costs are allocated, and selection of closing agent are examples of things that a good agent will provide help with.

                Real estate agents are like lawyers, doctors, politicians, even used car salesman -- some are great, some are marginally competent and some are downright rotten. In almost all states, the broker in charge of an office is responsible for anything an agent does so anyone feeling they are not being treated right should go to the broker first. Beyond that, each Board of Realtors has a disciplinary group to look into complaints. Is it perfect? No, but it is a lot better for customers than complaining about an attorney to the Bar Association.
                 
                • NVGator

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                  Here's why I asked. A Seller tends to spend money they never had. When you are talking about a difference of $10,000 in the grand scheme of things, it's usually peanuts to what the overall amount of their sale is.

                  On the flip side, the good news is, as a Seller you probably out bid your Buyer for your own home and you get to keep it. Congrats.
                   
                • NVGator

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                  [​IMG]
                   
                • AugustaGator
                  Grumpy

                  AugustaGator Junior Member
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                  They have more blood to get out of these 401ks? Or is this inflation?
                   

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