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Started By
Message
This Realtor advises other buyer agents to raise the sales price to get their commission
Posted on 8/10/24 at 1:00 pm
Posted on 8/10/24 at 1:00 pm
27
Posted on 8/10/24 at 1:03 pm to stout
Talentless thieves of equity clinging to long passed industry pricing standards.
Posted on 8/10/24 at 1:05 pm to The People
The stat he says about 90% of buyers using agents was only because the sellers were paying all of the commission. It will be interesting to see how much that 90% changes.
Posted on 8/10/24 at 1:05 pm to stout
And then get mad at the appraiser when it doesn't come in at that contract price...
Posted on 8/10/24 at 1:07 pm to Tim
The agents can't arbitrarily raise the price of any home. Also, advising a buyer to pay more to cover their commission breaks their fiduciary duty to their buyer.
Posted on 8/10/24 at 1:08 pm to stout
It seems like it’s the easiest job in the world minus the fact that there are too many people doing it
Posted on 8/10/24 at 1:10 pm to stout
So 4% is going to be the standard going forward? 2% seller and 2% buyer? I don’t see the days of 5-6% commissions coming back. Also I don’t think anyone is going to want to go below 4%.
Posted on 8/10/24 at 1:10 pm to stout
As if this wasn’t the norm, as if buyer’s agents weren’t colluding with listing agents already. The idea of hiring a buyer agent on commission is the dumbest thing on earth.
Posted on 8/10/24 at 1:11 pm to stout
90% of RE agents are like elementary school teachers who read the lesson right before teaching it to kids who just haven’t had the time or experience to quite fully grasp the information on their own yet. And like these young adults fresh out of college teaching children most real estate agents weren’t exactly ready for full time jobs in the real world so they chose the next easiest thing you can make a “career” out of.
Posted on 8/10/24 at 1:11 pm to el Gaucho
I would venture to say it may major be the easiest job in the world
Because to become great, and one of the best, the quality you need is, wait for it, knowing people
Because to become great, and one of the best, the quality you need is, wait for it, knowing people
This post was edited on 8/10/24 at 1:22 pm
Posted on 8/10/24 at 1:13 pm to stout
I don't think this guy knows how it works.
And props to Vlad for the comment
And props to Vlad for the comment
Posted on 8/10/24 at 1:13 pm to Paul Allen
“There is no standard” was always the line because that’s illegal price fixing. But there was a standard
Posted on 8/10/24 at 1:15 pm to Paul Allen
quote:
So 4% is going to be the standard going forward? 2% seller and 2% buyer? I don’t see the days of 5-6% commissions coming back. Also I don’t think anyone is going to want to go below 4%.
I don't understand needing a buyer's agent at all honestly considering the massive amount of technology to assist people.
Flat fee brokerages that allowed FSBOs access to the MLS for 1% should come back. NAR did all they could to crush those agencies over the years but it's unavoidable now.
Honestly, title companies should get licensed and take over the buyer's agent side for 1% fees. They already handle 95% of the paperwork and headache once the contract is signed. Why not just handle it all and make more money?
Posted on 8/10/24 at 1:15 pm to stout
What a fig with his ghetto hand gestures
Posted on 8/10/24 at 1:18 pm to NotoriousFSU
If boomers hadn’t destroyed the economy these realtor women could’ve been a switchboard operator or secretary until she met a nice man and got married and then she could stay home and raise kids. It’s sad what these gamified fake jobs have done to society. I’m not sure if they’re a part of the problem or a symptom of a greater problem
Women really do be foregoing having kids in hopes that Keller Williams will put their picture on a bus bench for hobos to pee on
Women really do be foregoing having kids in hopes that Keller Williams will put their picture on a bus bench for hobos to pee on
Posted on 8/10/24 at 1:20 pm to stout
We need a stout bingo card
Airbnbs
Realtors
Housing shortage
Housing prices
Airbnbs
Realtors
Housing shortage
Housing prices
Posted on 8/10/24 at 1:21 pm to TheOcean
Idk if you ever did the vending machine thing but I have a good idea if you want to go in on it with me
Posted on 8/10/24 at 1:22 pm to el Gaucho
quote:
If boomers hadn’t destroyed the economy these realtor women could’ve been a switchboard operator or secretary until she met a nice man and got married and then she could stay home and raise kids.
I know you troll with these posts 95% of the time but feminism really did take a lot of these values away.
This post was edited on 8/10/24 at 1:22 pm
Posted on 8/10/24 at 1:23 pm to stout
Buyers and sellers set the sales price, not agents. This guy is clueless as to the process. Agents just pass along the info.
Posted on 8/10/24 at 1:24 pm to stout
With today’s technology and available info, realtors are really pretty worthless.
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