- 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
Why are real estate agents commission based?
Posted on 7/6/22 at 7:44 pm
Posted on 7/6/22 at 7:44 pm
Is it more work to sell higher priced homes compared to lower priced homes? Is it worth it to pay a real estate agent to sell your house?
34
Posted on 7/6/22 at 7:47 pm to tigersfan1989
All I know is that it’s criminal how much real estate companies and title companies take on a simple home sale.
If buyers and sellers wised up, they’d both be obsolete overnight. Unfortunately the American population is too lazy and unmotivated.
If buyers and sellers wised up, they’d both be obsolete overnight. Unfortunately the American population is too lazy and unmotivated.
Posted on 7/6/22 at 7:47 pm to tigersfan1989
quote:
Is it more work to sell higher priced homes compared to lower priced homes?
Some higher-priced homes in certain markets do take more marketing and time. That costs if done properly but usually higher prices homes pay a smaller percentage overall. It is an antiqued model for sure.
quote:
Is it worth it to pay a real estate agent to sell your house?
20+ years ago? Yes. In the day of everything online and multiple tools for everyone to use? No, and the days of the traditional RE agents are numbered.
Posted on 7/6/22 at 7:48 pm to tigersfan1989
quote:Almost no one is paid by how much "work" they do, they are paid by how much value they provide. Sometimes.
Is it more work to sell higher priced homes compared to lower priced homes?
Posted on 7/6/22 at 7:51 pm to tigersfan1989
quote:
Is it worth it to pay a real estate agent to sell your house?
quote:
the American population is too lazy and unmotivated.
Posted on 7/6/22 at 7:51 pm to BabyTac
quote:
All I know is that it’s criminal how much real estate companies and title companies take on a simple home sale.
Title companies are cheap because everything is simpler now. Do a closing 20 years ago when people would still pay attorneys to read abstracts. Hell, that didn't include paying to update your abstract or have one made if you didn't have one/lost yours.
Abstracts are obsolete now thankfully but I was an agent in the early 2000s and I can remember the attorney fees being $750 not including filing fees and other BS and some abstract fees being into $1000+ terittory.
Posted on 7/6/22 at 7:52 pm to BabyTac
quote:
buyers and sellers wised up, they’d both be obsolete overnight. Unfortunately the American population is too lazy and unmotivated.
In a just world they would be taken out with a Ricoh case, they exist more as a mafia to harass FSBO than anything.
Posted on 7/6/22 at 7:53 pm to tigersfan1989
What if Popeye's was commission based?
Posted on 7/6/22 at 7:54 pm to Btrtigerfan
(no message)
This post was edited on 9/11/22 at 8:16 pm
Posted on 7/6/22 at 8:05 pm to BabyTac
quote:Closing costs has to be the biggest rip off in history.
All I know is that it’s criminal how much real estate companies and title companies take on a simple home sale.
If buyers and sellers wised up, they’d both be obsolete overnight. Unfortunately the American population is too lazy and unmotivated.
Posted on 7/6/22 at 8:06 pm to stout
I dont think they are going anywhere anytime soon. They are among top 3 lobbyist in terms of money spent yearly so no laws will be passed to stop them ripping off people. It would take consumers to just stop using them and it seems most dont want to put the little bit of time and effort to do so.
Sold my house a year ago without a realtor, it wasnt hard and house sold within a month. Put that extra 10k in my pocket.
Sold my house a year ago without a realtor, it wasnt hard and house sold within a month. Put that extra 10k in my pocket.
This post was edited on 7/6/22 at 8:07 pm
Posted on 7/6/22 at 8:07 pm to tigersfan1989
You know how this board likes to bitch about the people in this country?
Well, realtors deal with those people so you don’t have to
Well, realtors deal with those people so you don’t have to
Posted on 7/6/22 at 8:08 pm to Btrtigerfan
quote:
What if Popeye's was commission based?
Popeyes upselling people would have to be outlawed or it might crash the healthcare system.
Posted on 7/6/22 at 8:26 pm to tigersfan1989
I totally understand having an agent to sell your house. Who wants to deal with showings, phone calls, etc. Is showing the house a few times and answering calls worth %3 of 400-500 absolutely not.
Posted on 7/6/22 at 8:28 pm to BabyTac
quote:
All I know is that it’s criminal how much real estate companies and title companies take on a simple home sale.
yep, when i bought my house i did my own search and i bought it cash for the asking price, all the agent did was tell me where to show up with a check to sign the papers, and she got her 6% and title company got their 4% so that was 10% right off the top for doing nothing
add to that, after everything was done, no one had any fricking keys to the house or knew who did so i had to use sledgehammer to break the door knob off to get in.
granted it was a pretty rough foreclosure sale but still, they had the fricking keys to show me the house, well i assume since the house was open when i got there to meet the lady, but nobody had the damn keys to hand over after the sale
This post was edited on 7/6/22 at 8:33 pm
Posted on 7/6/22 at 8:39 pm to keakar
Real estate agents are our friends! They answer all those tough questions between the buyer and seller. My friend/agent took a trip to Alaska off my commission. I feel like a great friend for allowing her a wonderful vacation.
Posted on 7/6/22 at 8:51 pm to tigersfan1989
Accepted an offer for 500k for a 3 bed 2 bath that had 4 offers on the 1st day it was listed. Have to pay 30k in brokerage fees for 2 agents that didn't do shite.
It's a scam. I will never hire an agent again.
House was bought site unseen from a couple in Michigan paid 30k over ask without even seeing it in person.
It's a scam. I will never hire an agent again.
House was bought site unseen from a couple in Michigan paid 30k over ask without even seeing it in person.
Posted on 7/6/22 at 8:54 pm to tigersfan1989
quote:
Is it worth it to pay a real estate agent to sell your house?
I’ve only bought 2 houses and sold one.
I moved to a new state each time.
I’ll probably use an agent to sell this one.
Posted on 7/6/22 at 8:54 pm to tigersfan1989
Redfin
Posted on 7/6/22 at 9:01 pm to BabyTac
quote:
All I know is that it’s criminal how much real estate companies and title companies take on a simple home sale.
Most of those cock suckers simply meet you at the house and open a door. They don't find or do shite. If it hits the market, people find it on realtor.com or another similar site.
Page 1 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News