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re: Are Realtors Scumbags on Average?

Posted on 9/2/15 at 6:29 am to
Posted by Hankg
Member since Feb 2011
631 posts
Posted on 9/2/15 at 6:29 am to
Yes 6% and yes negotiable
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71032 posts
Posted on 9/2/15 at 6:43 am to
quote:

The person working for you has an incentive for you to get the shittiest deal possible.


Not really. If you overpay by $10,000 they only make $200-$300 extra. (That's assuming they aren't both sides of the deal and the house sells for over $100K).

No point in screwing someone over to get a couple of extra Benjamins.

quote:

Auto salesmen supposedly do care at least a little about that.


They aren't going to see you again for about 5 years. The average person stays in a house for around 7 years. Roughly the same incentive to keep your clients happy.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30559 posts
Posted on 9/2/15 at 7:05 am to
Hot female realtors - not scumbags
Male realtors - complete scumbags
Posted by 3deadtrolls
lafayette
Member since Jan 2014
5692 posts
Posted on 9/2/15 at 7:07 am to
When I bought my house, I had a very MILFy buyers realtor and she was great. She showed me a ton of things to look out for, answered a ton of questions, recommended mortgage companies, and generally just made the process a ton easier.
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
25308 posts
Posted on 9/2/15 at 7:18 am to
quote:

Greedy

quote:

Lazy

I'll add in overpaid.

If you got your shite together, FSBO is the only way.
Posted by Rollwave034
Member since Feb 2013
521 posts
Posted on 9/2/15 at 7:20 am to
I'm in the process of purchasing in BR and my realtor is awesome. She came highly recommended from several people though, so I did some research beforehand
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10914 posts
Posted on 9/2/15 at 7:31 am to
Just like every other sales job they're trying to maximize their profit. Some think longer term (honesty and good service = referrals) while some aren't as professional and think shorter term.

I wouldn't put them in the same group as used car guys.
Posted by dinosaur
Louisiana
Member since Aug 2007
1091 posts
Posted on 9/2/15 at 7:57 am to
I see a lot of realtors. Some are great, some will say or do pretty much anything to make the sale. For the individual, it is hard to spot a bad one up front. My biggest complaints are that they often forget who they represent (owe allegiance only to the deal) and getting lazy once the purchase agreement is signed, like not even calling their client to keep them up to date. It would not be fair to say all or even most are shady, but some certainly are.
Posted by Agforlife
Somewhere in the Brazos Valley
Member since Nov 2012
20102 posts
Posted on 9/2/15 at 8:44 am to
Mine's not
Posted by TheAlmightySmash
New Orleans
Member since Jun 2014
5479 posts
Posted on 9/2/15 at 9:12 am to
My most recent relator was a POS. I found every house he showed me AND he got pissed when I found the house I bought on my own, didn't ask him to show it to me, and didn't give him a commission. Scumbag, maybe. Lazy? 100%.
Posted by Nuts4LSU
Washington, DC
Member since Oct 2003
25468 posts
Posted on 9/2/15 at 9:23 am to
A friend of mine is a realtor and she is the furthest thing in the world from a scumbag. She has helped lots of people find homes that were right for them. Obviously, she gets paid by commission, but at least in her case, I can safely say she's primarily motivated by the needs of her clients, not the commission.
Posted by Chad504boy
4 posts
Member since Feb 2005
166241 posts
Posted on 9/2/15 at 9:25 am to
quote:

A friend of mine is a realtor and she is the furthest thing in the world from a scumbag. She has helped lots of people find homes that were right for them. Obviously, she gets paid by commission, but at least in her case, I can safely say she's primarily motivated by the needs of her clients, not the commission.




You're completely biased and blind because A she's your friend and B she has a vagina.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8374 posts
Posted on 9/2/15 at 9:26 am to
Why yall bringing up old shite?


Oh and yes I still think realtors are on average scumbags!
Posted by dewster
Chicago
Member since Aug 2006
25342 posts
Posted on 9/2/15 at 9:39 am to
The buyer's agent I had in PA earned her commission and then some. The sellers decided two days before closing that they wanted to fire their agent and refused to move out. Of course they still wanted to close.

I was probably too pissed off at that point to deal with them directly.

In situations like we had where I'm simultaneously selling one home and buying another 1,000 miles away without taking time off work....it's difficult to do that without help.
This post was edited on 9/2/15 at 9:45 am
Posted by TheWhizzinator
Holding cell at 201 Poplar
Member since Jun 2008
5163 posts
Posted on 9/2/15 at 9:42 am to
I'm not against realtors but we just did for sale by owner and it has been a breeze. Closing on my current house this Friday. We don't have to pay any realtors commissions because the buyers don't have a realtor and they didn't want to lose the deal by getting one. Our neighborhood basically sells itself and we had an offer in less than two weeks.

I will definitely use a realtor again when I'm buying a house but it will be difficult to ever use a realtor again when I'm the seller.
Posted by TigerTreyjpg
Monroe, LA
Member since Jun 2008
5815 posts
Posted on 9/2/15 at 9:48 am to
Do not fall into the trap, my son, of making generalizations based on race, color, sex, creed, religion, or occupation. Do you want to be measured and judged based on other "fill in your stats here" folks?
Posted by Jizzamo311
Member since Dec 2008
6344 posts
Posted on 9/2/15 at 9:49 am to
quote:

If you got your shite together, FSBO is the only way.



Sure....Wait until you sell your house and then the appraisal comes back at a much lower value than the sale price.

What do you do next??
Do you leave all that money on the table?
Does the deal fall through??
Do you ask for help?? From who?? The bank?? The appraiser??
Do you pay for your own appraisal and hope it comes back higher??

I would like to know what the FSBO with his "shite together" does next...
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16192 posts
Posted on 9/2/15 at 10:08 am to
My wife's in a profession that deals with many realtors, and from my experience the whole group of realtors, mortgage lenders, insurance agents, title attorneys, etc are a cheesy bunch.
Posted by KingBarkus
New Orleans
Member since Nov 2009
8338 posts
Posted on 9/2/15 at 10:21 am to
I lucked into getting a great Realtor when I bought my first house in Lakeview. Very thorough in her job. I firmly believe she had my interests in mind. She discouraged me from purchasing homes that appeared fine to me, but had underlying problems, i.e. drainage on the street, plumbing issues, etc. She helped me navigate the whole first-time process and I'm still friends with her to this day. It's just like every other business. Good and bad people.
Posted by The Last Coco
On the water
Member since Mar 2009
6840 posts
Posted on 9/2/15 at 10:33 am to
The Mrs. and I recently moved to a new city and had an awesome realtor help us find our new house. The first day we looked he drove us around the city for almost 2 hours just helping us get familiar with it and becoming comfortable with it. Then over the next two weekends showed us 30 something houses and discouraged us from making an offer on a more expensive house because he could tell we were just buying it because we were tired with the process. We ended up with a cheaper house that we love but only because he talked us into waiting and looking some more. He also did all sorts of stuff for us because we were out of town during the sale process and really went out of his way to make it as easy as possible for us.
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