Started By
Message

Is there a service industry more useless than realtors?

Posted on 2/21/21 at 2:46 pm
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 2/21/21 at 2:46 pm
I can’t understand why anyone would pay these folks 6% of your sale/buy.

At most, they should be charging a flat $2K-$3K for their paperwork services.

They have also structured their industry to look exactly like a pyramid scheme.

FSBO is the way to go.
This post was edited on 2/21/21 at 2:52 pm
Posted by castorinho
13623 posts
Member since Nov 2010
82063 posts
Posted on 2/21/21 at 2:47 pm to
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 2/21/21 at 2:48 pm to
How much did they take you for?
Posted by rexorotten
Missouri
Member since Oct 2013
3935 posts
Posted on 2/21/21 at 2:48 pm to
I'm in the process of FSBO with my house. Paid a realtor 1k for the contract. Couldn't be any easier. I had a contract on my house before it was even ready to sell. Close in 3 weeks.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119531 posts
Posted on 2/21/21 at 2:49 pm to
I paid a realtor 2.5% who brought me a buyer last fall. He was fine with it. Showed my house once, the last of four they looked at that day, emailed me an offer the next morning, two emails later, we had an agreement.

Easy for me, easy for him.
Posted by Displaced
Member since Dec 2011
32719 posts
Posted on 2/21/21 at 2:49 pm to
quote:

At most, they should be charging a flat $2K-$3K for their paperwork services.


In this market, when houses are selling in 24-48 hours, I'm sure this is being negotiated a lot.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 2/21/21 at 2:49 pm to
I’m happy I had one when I bought my first house. I had no idea wtf I was doing
Posted by Notnac
Vidalia
Member since Nov 2020
881 posts
Posted on 2/21/21 at 2:50 pm to
It all depends on how quickly you need to buy or sell.

I used FSBO to sell a house in 2011 and it was relatively easy. If I was purchasing I'd use an agent though.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/21/21 at 2:52 pm to
Use Clever.
Posted by ZZTIGERS
Member since Dec 2007
17117 posts
Posted on 2/21/21 at 2:58 pm to
Travel agent? Idk, maybe.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38786 posts
Posted on 2/21/21 at 3:04 pm to
I've used realtors to buy that gave me really good advice about getting the best deal.
Posted by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 2/21/21 at 3:38 pm to
Really depends on if you know the market and what your house should be listed for or not
Posted by Woodreaux
OC California
Member since Jan 2008
2790 posts
Posted on 2/21/21 at 3:40 pm to
Astrology.

I don't need this industry; I'm perfectly capable of using a telescope to look at the planets (mandatory Uranus reference included) and figure exactly how they are making next week's romance interest a psycho woman. It's simple everyday science. Textbook redundant industry.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 2/21/21 at 3:42 pm to
Posted by Chief Hinge
There and Here
Member since Sep 2018
2923 posts
Posted on 2/21/21 at 3:44 pm to
Make friends with brokers. Profit.
Posted by p&g
Dixie
Member since Jun 2005
12995 posts
Posted on 2/21/21 at 3:49 pm to
Hate em.

Scum.
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 2/21/21 at 3:52 pm to
A really good realtor is worth the cost.

Most realtors aren’t really good though, so that’s the crux of the problem.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8397 posts
Posted on 2/21/21 at 3:54 pm to
I have friends who are realtors. They’re useful for those too ignorant to use Google. Or those too busy and willing to pay. Not for me though and I hate that they represent their position as being necessary to all transitions
Posted by SlidellCajun
Slidell la
Member since May 2019
10506 posts
Posted on 2/21/21 at 3:56 pm to
Uh. No

Owner sales are a mistake.

For sale by owner might as well say “sucker”

Buyers take advantage of owner sales. When it comes to inspections, appraisals and repairs, an agent is invaluable.
A good agent knows who the good inspectors are and they can counter bad appraisals with real data. Appraisers are scared of a good agent.
They also know of the best contractors.

Fsbo is a mistake.
Get a good , reputable agent and rest easy
This post was edited on 2/21/21 at 3:59 pm
Posted by kciDAtaE
Member since Apr 2017
15890 posts
Posted on 2/21/21 at 4:02 pm to
They were very useful when I purchased my home(s). When I sold my first one, he was fantastic. I had already moved hours away for a job and he took care of everything for me.

I guess they have good ones and bad ones.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram