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Started By
Message
re: Real estate agents, are they really needed anymore?
Posted on 8/2/21 at 8:19 am to SaintsTiger
Posted on 8/2/21 at 8:19 am to SaintsTiger
quote:
Imagine if your grass man had a lobbying team inflating his price.
You mean like a union?
0
Posted on 8/2/21 at 8:40 am to HouseMom
quote:
I don't disagree with this. I love the flat fee agencies popping up. Sellers and buyers can choose what level of service they want, and it's a much more streamlined process. I don't think a commission should be linked to a property at all. It needs to be settled between the parties to a transaction and their chosen representatives.
Agreed.
Posted on 8/2/21 at 8:44 am to MMauler
quote:like I said. Because you’re a waste of skin, don’t assume everyone else is.
The only f*cking thing you give a f*ck about is that they contributed to your "$50,000 last month."
I’ve spent a fair bit of time answering questions for people who have agents. I call their agent after to let them know.
Professional courtesy. If you were a professional or courteous I wouldn’t have to explain that to you.
Posted on 8/2/21 at 8:47 am to MMauler
quote:
The only f*cking thing you give a f*ck about is that they contributed to your "$50,000 last month."
Most realtors only do 1 deal a month and clock like 8k
For the most part they are lazy
Posted on 8/2/21 at 8:48 am to SaintsTiger
It’s going to surprise you, but I’m not against flat fee agencies. They have a long way to go though, and will be the next best thing to useless IMO for land sales, which I do a lot of.
The clients will still need someone to facilitate the transaction between the parties, and I’ll spend less time running around the countryside.
The clients will still need someone to facilitate the transaction between the parties, and I’ll spend less time running around the countryside.
Posted on 8/2/21 at 9:02 am to llfshoals
quote:
The clients will still need someone to facilitate the transaction between the parties
That’s called a closing attorney. Anyone who’s ever bought or sold property through an agent realizes that the agent just sits there with his thumb up his a$$ while the closing attorney does everything.
Posted on 8/2/21 at 9:18 am to DiamondDog
quote:I know a lot of agents like that. I’m not one of them.
He wouldn’t even deal with a client until they had an approval letter from a mortgage broker.
A distressingly large percentage of the population has no idea how to buy a house. I fair number of my first showings is to people who don’t, and I help educate them on how.
She missed out on 4 houses, and had to get a pre-approval a couple of times. I structure my contracts to get pre-approval and earnest money after contract acceptance. Helps my clients not spend time unnecessarily.
This client was hard to fit. She needed under 130 that didn’t need a lot of work, because it’s just her. Now I could have been the jerk a few people here seem to think all realtors should be and just told her to figure it out herself. If you know anything about houses you know how hard it is to find those.
I don’t think that’s right, even though I won’t really make what the time is worth on it to most. In the end she’s getting a good house for her and her kids.
Posted on 8/2/21 at 9:19 am to flip82lsu
To fill out two pieces of paper. Seriously that’s it.
Posted on 8/2/21 at 9:19 am to LSUCouyon
quote:
You can start your own real estate company. Go to La. Real Estate Commission and see how easy it is.
pretty sure legally i cannot until i get a broker's license, which requires a mandated time working under a broker
it's the worst form of government-based protectionism and cronyism
Posted on 8/2/21 at 9:22 am to MMauler
quote:No it isn’t.
That’s called a closing attorney. Anyone who’s ever bought or sold property through an agent realizes that the agent just sits there with his thumb up his a$$ while the closing attorney does everything.
The closing attorney handles signing the official contracts and handles funds.
They don’t coordinate the parties to navigate inspections, conditions of the note (if there’s one) and a multitude of other things that have to be done.
As for closings, most agents don’t go. I never miss one.
Posted on 8/2/21 at 9:27 am to SlowFlowPro
quote:I can’t speak for other states, but in Alabama you have to be active 2 of the last 3 years to get your license. To be active an active broker must hold your license.
pretty sure legally i cannot until i get a broker's license, which requires a mandated time working under a broker
Which given the learning curve for most agents is a good idea
Posted on 8/2/21 at 9:29 am to llfshoals
quote:
They don’t coordinate the parties to navigate inspections, conditions of the note (if there’s one) and a multitude of other things that have to be done.
An extremely simple Google search can give anyone a step-by-step breakdown on exactly how to do these BEYOND F*CKING EASY tasks.
This isn't rocket science. All the forms are online and FREE. No one needs to be paying $20,000 for something they can spend about 10 minutes on the internet procuring FOR FREE.
Posted on 8/2/21 at 9:37 am to SDVTiger
quote:Most are.
Most realtors only do 1 deal a month and clock like 8k
For the most part they are lazy
I did 7 last month.
Posted on 8/2/21 at 9:40 am to MMauler
quote:you do know the average commission isn’t anywhere near that right?
This isn't rocket science. All the forms are online and FREE. No one needs to be paying $20,000 for something they can spend about 10 minutes on the internet procuring FOR FREE.
Posted on 8/2/21 at 9:42 am to llfshoals
quote:
I can’t speak for other states, but in Alabama you have to be active 2 of the last 3 years to get your license. To be active an active broker must hold your license.
Which given the learning curve for most agents is a good idea
Lol.
The dude is a licensed attorney and he can't sell fricking houses unless he works for someone with a weekend long seminar for 3 years.
Total joke
Posted on 8/2/21 at 9:46 am to Mingo Was His NameO
quote:Thats because other lawyers like him wrote the law that way.
Lol.
The dude is a licensed attorney and he can't sell fricking houses unless he works for someone with a weekend long seminar for 3 years.
Total joke
Posted on 8/2/21 at 9:48 am to llfshoals
quote:
you do know the average commission isn’t anywhere near that right?
Depends on what state you are in
Posted on 8/2/21 at 9:51 am to llfshoals
quote:
you do know the average commission isn’t anywhere near that right?
6% of the average cost of a home in the US ($350K) is about $21,000.
Posted on 8/2/21 at 9:53 am to Mingo Was His NameO
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.
Posted on 8/2/21 at 10:02 am to goofball
quote:We have one zip code around Tuscaloosa that will average that. The rest are considerably less.
6% of the average cost of a home in the US ($350K) is about $21,000.
Note also I haven’t said once selling your house FSBO is bad. I’ve helped sell a number of those and I negotiate my fee with the seller. If they don’t like it I take my clients elsewhere.
And it’s never over 3%
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