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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
82037 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
3923 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
119245 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
32714 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 cable
Member since Oct 2018
9652 posts
Posted on 2/21/21 at 2:49 pm to
Houses is my area are selling in 48 hours with multiple offers. I don't see any value in using a realtor at all.
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 rexorotten
Missouri
Member since Oct 2013
3923 posts
Posted on 2/21/21 at 2:57 pm to
I put on FB that I was going to be selling my house soon if anyone was interested let me know. A woman messaged me and asked to see it. I showed it to her a day later and had it under contract that same day.
Posted by ZZTIGERS
Member since Dec 2007
17092 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
38723 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 weadjust
Member since Aug 2012
15118 posts
Posted on 2/21/21 at 3:41 pm to
quote:

Paid a realtor 1k for the contract.


Why GIF
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
2908 posts
Posted on 2/21/21 at 3:44 pm to
Make friends with brokers. Profit.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 2/21/21 at 3:47 pm to
quote:

In this market, when houses are selling in 24-48 hours


This is aggravating as a buyer.
Posted by p&g
Dixie
Member since Jun 2005
12995 posts
Posted on 2/21/21 at 3:49 pm to
Hate em.

Scum.
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