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re: Who wants to shat on realtors with me today?

Posted on 7/7/23 at 3:57 pm to
Posted by Shanegolang
Denham Springs, La
Member since Sep 2015
4809 posts
Posted on 7/7/23 at 3:57 pm to
quote:

My siblings are all in real-estate. Biggest assholes that I know.

Great first post!
Posted by BigB0882
Baton Rouge
Member since Nov 2014
5417 posts
Posted on 7/7/23 at 4:18 pm to
That sounds like a realtor who is actually doing their job and looking out for their client. Try and remove yourself from the situation. Why would you let someone move into a house you own, even if you only own it for a few more days? What damage will they do upon moving in and then try and pin on you? What if the deal somehow falls through and now you have to evict them? What if someone is badly hurt while doing the move and the injury happens in the house? Guess who is liable? That realtor actually did the right thing.
Posted by TaderSalad
mudbug territory
Member since Jul 2014
25962 posts
Posted on 7/7/23 at 4:23 pm to
Leave a google review on their profile. Play stupid games, win stupid reviews
Posted by Havoc
Member since Nov 2015
37717 posts
Posted on 7/7/23 at 4:28 pm to
quote:

so the seller's agent is looking out for the interest of their client?

What difference does 3 days make to the client’s interests?
Posted by Havoc
Member since Nov 2015
37717 posts
Posted on 7/7/23 at 4:30 pm to
quote:

If some unforeseen event occurs and you can’t close, it’s expensive to kick someone out and move their shite

Oh. Okay whatev lol.
Posted by TJG210
New Orleans
Member since Aug 2006
29288 posts
Posted on 7/7/23 at 4:42 pm to
quote:

Oh. Okay whatev lol.


So what happens if the buyer can’t close? Do you want the liability of essentially a squatter living in your home?

quote:

What difference does 3 days make to the client’s interests?


If the closing falls through it’s a giant mess, not to mention the liability in the interim. Is something likely to happen? No…..but if it goes you’re in a giant bind.
If something does happen and the realtor didn’t warn you, you’d be back to shite on the realtor.
This post was edited on 7/7/23 at 4:57 pm
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30036 posts
Posted on 7/7/23 at 5:03 pm to
quote:

What difference does 3 days make to the client’s interests?


Early possession means the buyer becomes a tenant. If the closing falls through the buyer would have to go through the process of eviction to get them out if they didn't leave. The owner incurs liability during the time. There are dozens of other reasons not to let it happen.

Only an idiot would let anyone take prior possession of a house, it is a nightmare waiting to happen.
Posted by Chad504boy
4 posts
Member since Feb 2005
176229 posts
Posted on 7/7/23 at 5:07 pm to
quote:

What difference does 3 days make to the client’s interests?


Huge liability issues in a litigious world
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
3274 posts
Posted on 7/7/23 at 5:52 pm to
Paying the price of almost a car to someone that is usless. Should be a fixed cost not a percentage
Posted by TJG210
New Orleans
Member since Aug 2006
29288 posts
Posted on 7/7/23 at 6:00 pm to
quote:

Paying the price of almost a car


Lol sure……if you’re selling a million dollar house
Posted by John_V
SELA
Member since Oct 2018
2032 posts
Posted on 7/7/23 at 6:00 pm to
Sent my gf a post from a realtor earlier about a closing he did where he saved the buyer over $23k in fees on like a $300k max home. I still don't know how selling a middle of the road home can lead to $20k+ fees on the seller???
Posted by TJG210
New Orleans
Member since Aug 2006
29288 posts
Posted on 7/7/23 at 6:04 pm to
quote:

I still don't know how selling a middle of the road home can lead to $20k+ fees on the seller???


Would need more details

Could be a combination of things. I’m not sure I’d ever advertise things in that fashion though.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
3274 posts
Posted on 7/7/23 at 6:08 pm to
The average cost of a house is 300k. 6 percent of 300k is 18k. A new car base model is 25-30k
Posted by John_V
SELA
Member since Oct 2018
2032 posts
Posted on 7/7/23 at 6:08 pm to
quote:

I’m not sure I’d ever advertise things in that fashion though.


That was my exact thought as well when I'd assume you're in the business of buying and selling homes haha
Posted by TCO
Member since Jul 2022
3261 posts
Posted on 7/7/23 at 6:11 pm to
Bought my house direct with no realtors. Frick em.

In todays market, no reason you can’t sell a house by owner. Just takes a small bit of marketing savvy.
Posted by ibldprplgld
Member since Feb 2008
27402 posts
Posted on 7/7/23 at 6:13 pm to
I use a realtor to find tenants, draw up lease contracts for my rental property. Worth it on that front for me since I tell her the type of tenant I want, and she screens all the garbage out in the process.

Love them for that purpose. Buying/selling, not so much usually.
Posted by TJG210
New Orleans
Member since Aug 2006
29288 posts
Posted on 7/7/23 at 6:20 pm to
quote:

That was my exact thought as well when I'd assume you're in the business of buying and selling homes haha


It could mean closing fees, repairs, mortgage fees? Every deal is different, and sometimes that’s something a realtor can help with, sometimes not. I’d hate to have a dollar figure expectation on me from the start since every deal is different. All I can say is that I’ll do the best I can for the client. I’m annually top 1/3 in sales of a pretty large office and I’ve never had a bad review and a ton of repeat business.
Posted by TJG210
New Orleans
Member since Aug 2006
29288 posts
Posted on 7/7/23 at 6:22 pm to
quote:

In todays market, no reason you can’t sell a house by owner. Just takes a small bit of marketing savvy.


Seems like the op made a very good case on why you should use one. Had the seller allowed the op to inhabit his house and he broke his neck before close, the realtor fee would have been a drop in the bucket.

In my example earlier, how would you have handled an underwriter not being satisfied and unwilling to lend to a borrower bc of a legal issue with a hoa or condo association? Would you wait the many months it may take to get a cash offer?
This post was edited on 7/7/23 at 6:29 pm
Posted by DCtiger1
Member since Jul 2009
11168 posts
Posted on 7/7/23 at 6:28 pm to
A good realtor is worth their fee especially in high value transactions. The only acceptable profession for the OT is plant operator or travel ball coach.
Posted by Lickitty Split
Inside
Member since Apr 2017
4120 posts
Posted on 7/7/23 at 6:32 pm to
I’d prefer to pay them by the hour not by the percentage. Then again I’ve never had to use one to sell my house so I’ll cross that bridge eventually.
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