- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Real estate agents, are they really needed anymore?
Posted on 8/2/21 at 10:04 am to Sneaky__Sally
Posted on 8/2/21 at 10:04 am to Sneaky__Sally
quote:
It protects the public trust. Given the very minor barriers to entry, you can't have people just popping up and being an agent and fricking a bunch of shite up - would create massive problems.
Attorneys don't have to take the notary test to become a notary, they're exempted, for lack of a better term, because they're attorneys.
If an attorney or a CPA or a doctor wants to sell houses, they should be able to. Attorneys and CPAs especially have more experience with legal matters than realtors in the first place.
And is the public trust really being protected with the current model with a bunch of dumbass housewives and used car salesman dominating the industry?
This post was edited on 8/2/21 at 10:06 am
2
Posted on 8/2/21 at 10:12 am to Mingo Was His NameO
They can sell houses, just have to be signed on with a broker for a period of time at least to do so. I think some sort of classification where they can run their own one-person shop after a year or some reduced period of being under a broker but don't have the full rights of a licensed broker would be reasonable.
Looks like in some states the period is only a year, that is a pretty minor apprenticeship period IMO.
Now imagine if anyone could just sign up and sell houses without any oversight or guidance.
Looks like in some states the period is only a year, that is a pretty minor apprenticeship period IMO.
quote:
And is the public trust really being protected with the current model with a bunch of dumbass housewives and used car salesman dominating the industry?
Now imagine if anyone could just sign up and sell houses without any oversight or guidance.
This post was edited on 8/2/21 at 10:17 am
Posted on 8/2/21 at 10:14 am to Mingo Was His NameO
quote:Attorneys…probably. If they are versed in contact law. I’ve known some truly terrible attorneys who I wouldn’t trust to sign their name much less write a contract for me.
If an attorney or a CPA or a doctor wants to sell houses, they should be able to. Attorneys and CPAs especially have more experience with legal matters than realtors in the first place.
Doctors, hell no. CPA’s, probably not also. Knowing how to do taxes doesn’t exactly help you understand how to handle a 24 acre parcel the average person can’t even find without someone teaching them how.
Ok, admittedly a lot of realtors can’t do the latter either
Posted on 8/2/21 at 10:16 am to Sneaky__Sally
quote:
Now imagine if anyone could just sign up and sell houses without any oversight or guidance.
That's not what I'm advocating.
Posted on 8/2/21 at 10:18 am to llfshoals
quote:
I’ve known some truly terrible attorneys who I wouldn’t trust to sign their name much less write a contract for me.
Ok, now do the same for realtors. I know a "realtor" who's other job is a fricking waiter.
quote:
CPA’s, probably not also. Knowing how to do taxes doesn’t exactly help you understand how to handle a 24 acre parcel the average person can’t even find without someone teaching them how.
But being able to read and understand an extremely complex 10s of thousands of page tax code give you the critical thinking skills to be able to figure it out without having to work for a non college graduate for 3 years.
Posted on 8/2/21 at 10:19 am to Mingo Was His NameO
Ya, I was just pointing out that the current system has help protect public trust in the industry.
Posted on 8/2/21 at 10:35 am to Mingo Was His NameO
quote:Oh trust me I know. The “part time realtor” should really stick to their day job.
Ok, now do the same for realtors. I know a "realtor" who's other job is a fricking waiter.
They do, but without walking you through the steps on something like that, you won’t get the difficulty.
Remember some of those are from the part-time realtors and if you put a gun to their head they couldn’t find it.
Posted on 8/2/21 at 10:38 am to Sneaky__Sally
quote:there are a lot of costs the average person doesn’t know about as well.
Ya, I was just pointing out that the current system has help protect public trust in the industry.
Posted on 8/2/21 at 11:34 am to llfshoals
I mean if it takes me 30 hours to save 30-40k dollars in RE commissions, I’m all for it. I’ve sold my last 2 houses FSBO. It’s not hard to find comps. or buyers.
Also, it took way less time than that…maybe a few hours tops between showing the house, doing paperwork, and making phone calls.
The only advantage agents have over others is that most people are lazy and unwilling to learn how to do something they aren’t familiar with.
Also, it took way less time than that…maybe a few hours tops between showing the house, doing paperwork, and making phone calls.
The only advantage agents have over others is that most people are lazy and unwilling to learn how to do something they aren’t familiar with.
Posted on 4/18/22 at 3:21 pm to flip82lsu
I sold my last 2 houses without a realtor. If they bring me a buyer I will give 2%.
Posted on 4/18/22 at 3:23 pm to flip82lsu
They are certainly needed
A good agent serves as a shock absorber or cushion between the 2 parties that could also become very contentious.
Emotions come into play and it can get real stupid.
Some deals can work fine without an agent but generally speaking, an agent can make for a smoother transaction
A good agent serves as a shock absorber or cushion between the 2 parties that could also become very contentious.
Emotions come into play and it can get real stupid.
Some deals can work fine without an agent but generally speaking, an agent can make for a smoother transaction
Posted on 4/18/22 at 3:26 pm to flip82lsu
It’s a yes and no answer.
It would greatly depend on your schedule. Can you do it but yourself, yes. To make it sell quick, you need a decent amount of extra time
It would greatly depend on your schedule. Can you do it but yourself, yes. To make it sell quick, you need a decent amount of extra time
Posted on 4/18/22 at 4:25 pm to flip82lsu
I found my realtor useful in my recent home search. She really did have access to homes that had not yet been publically listed on sites like Redfin. In a competitive market, that was an advantage. We ended up avoiding a bidding war on a desirable home by making an offer before it was listed and subject to an open house.
Posted on 4/18/22 at 4:28 pm to flip82lsu
I can't believe it has taken this long for someone to start a thread about this.
Posted on 4/18/22 at 4:37 pm to SlidellCajun
quote:
Some deals can work fine without an agent but generally speaking, an agent can make for a smoother transaction
Fine, but let’s not pretend it’s worth 10s of thousands of dollars. A heart surgeon gets paid less for a quad bypass than the commission I would typically pay for a realtor to sell my house.
Page 10 of 10
Popular
Back to top
Follow TigerDroppings for LSU Football News