Some one like you JUDGING what you think a realtor should earn, the realtor only earns in relation to his /her effort if it doesnt sell no fee is warranted .
your agument about you dont think realtors should earn can be applied to any job /profession dont know what you do but if you are being paid to work and are sitting on your ass talking in a chat room i dont think you should be earning what ever you earn either . seems funny to me that there are folks out there griping about what others earn while grabbing every penny they can for themselves .
Perhaps if you did,nt take so much money home for what ever product you sell it would be less expensive when i buy it .
How much does a ....(enter any product or service ) cost to make /produce/apply ??? what about all the money they make for a few hours work selling or doing what ever the product or service is . your job is covered in that scenerio somewhere
Why should i pay so much in taxas to the govt so a employee can sit around all day get 4 weeks vacation sick pay and benefits AND give bad service ??? i could argue govt workers get to much for what they do ..i dont have a choice I have to use govt services so performce doent matter * example post office * it works both ways there is a atitude some poeple have that says they dont earn enought for what they do .BUT everyone else is greedy . you seem to fall into that category
The market and service sets the amount a realtors eans a good realtor is worth his wieght in gold and its NOT what the realtors fee is its what your bottom line is HOW MUCH WAS YOUR net price on the selling of the home ???.
Realtors here advertise on the web, flyers, sign on lawn. They have to provide all earthquake details, any past damage, pos future damage. Local schools, hospitals, shops, etc.
yes they drive nice cars, think about it, would you get into a car that wasn't nice. We've had realtors attacked, murdered and god knows what here. It's a career I considered and then came away from. It's frustrating, annoying, nit picking, and those are just the sellers, the buyers here are a whole other set of problems.
To say realtors are all making too much money is just plain silly, unless of course you're working an area like Woodside, lowest prices, about 2 mill.
Oh and stop complaining about gas prices. In California we've been paying $3.00 and more for yonks, when we complained you all thought it was petty, not now eh!
Depending on the state you're in the buyer can come back with all kind of probs and sue the seller. I wouldn't dream of selling without a realtor. At least if they miss something, they pay for it. Besides we have a lovely man whom I recommend to everyone.
But Real Estate Agents don't have to charge 6% to be a member of NAR and call themselves a "Realtor", so I don't really understand how it's a monopoly?
So, the question is this - Should we sell the house FSBO (For Sale By Owner), or should we use an agent? Most agents now charge a whopping 6%, but there is one called Sell-for-less that charges 3%. It is either gonna be FSBO, or Sell-for-less. FSBO now lets you pay an extra $395 to be on the MLS listing.
Any experiences you could share would be greatly appreciated. :wink:
We will be listing our home in the Spring and there is no way I am paying 15k in fees during a 'good' market without first trying to do it ourselves. Since we are not in a rush to sell, we have time available to try and save that money. If it does not work, then we would only have spent a little amount. There is so much you can do yourself to advertise and ensure the MLS listing has lots of details. Link to an external webpage and put lots of pictures and even more details. When I search for homes to buy, I want pictures, lots of them too!
Some things to help.. You could put in your listing that you will pay a 1-2% fee to a buyer's agent. This would reduce your fee from 6% to at least 2%. A friend recently did this and was contacted by other realtors keen to show their clients the property.
To aid in the paper work, there are companies who will charge a flat fee to do most of the work for you. One of them is http://www.assist2sell.com/ .. which charges a flat fee of 3k regardless of the price of the home.
One of the hardest part of selling yourself is assessing the sale value of your home. Some ways to help.. monitor realtor.com for similar houses in your area. If you have an appraisal of your home, look at how they have adjusted value based on items you have and do not have compared to other homes. Use the same logic when comparing against other houses for sale in your area.
Contact 10 realtors and have them come over and appraise the sell price of the house. Ask them what you can do to improve sale-ability. You do not have to tell them you are not going to use their service or list it yourself. Just do not sign anything.
If you have time, then try and sell the house yourself. Just think what you can do with the money you save!!
Disclosure is the responsibility of the seller regardless of the realtor. If a seller does not disclose the known sewage backup problem or leaking roof during a storm then it is the seller who is at fault, not the realtor.
Oh, and since you don't know me at all, it seems un-necessary to cast aspersions on whatever I might do for a living.
your agument about you dont think realtors should earn can be applied to any job /profession dont know what you do but if you are being paid to work and are sitting on your ass talking in a chat room i dont think you should be earning what ever you earn either . seems funny to me that there are folks out there griping about what others earn while grabbing every penny they can for themselves .
Perhaps if you did,nt take so much money home for what ever product you sell it would be less expensive when i buy it .
How much does a ....(enter any product or service ) cost to make /produce/apply ??? what about all the money they make for a few hours work selling or doing what ever the product or service is . your job is covered in that scenerio somewhere
Why should i pay so much in taxas to the govt so a employee can sit around all day get 4 weeks vacation sick pay and benefits AND give bad service ??? i could argue govt workers get to much for what they do ..i dont have a choice I have to use govt services so performce doent matter * example post office * it works both ways there is a atitude some poeple have that says they dont earn enought for what they do .BUT everyone else is greedy . you seem to fall into that category
The market and service sets the amount a realtors eans a good realtor is worth his wieght in gold and its NOT what the realtors fee is its what your bottom line is HOW MUCH WAS YOUR net price on the selling of the home ???.
Disclosure is the responsibility of the seller regardless of the realtor. If a seller does not disclose the known sewage backup problem or leaking roof during a storm then it is the seller who is at fault, not the realtor.
You may well be right but I don't think it's a big deal here. The joys of living in the valley, too few houses, too many buyers, easy to sell "as is".
Oh and stelesque for those of us that have money, yes count me in that number. As you say about me "resenting outward signs of what they perceive as undeserved success" some of us don’t need a flashy car to prove success as I don’t count my successes with money or possessions but I do judge an industry that we keep in their "outward signs".
Just cant help agreeing with John for once ???
True only members of the NUR can call them selves "realtors" its a profesional body same as only members of the * plumbers union can call themselves " plumbers " if they choice to "patent "the name and many assn do . , whats s wrong with that dont you have some professional or civil fraturnity you belong to that call themselves member of and have a name that is patented ????
The professional assn protects it members ( against neg laws and restictions same as your union protects you .
the NUR also protects you from those that dont perform to its high standards much like the lawyers and doctors assn , they the NUR listen to complains about bad service illegal acts ,wrong and misleading informatiom given to clients and if the realtor is found quilty take action ..... compensation is also paid in many cases .
I was on the ethics baord of one assn i have experiance of that ,we take a dim view of any realtor not performing to at least miminum standards .
they dont have a monopoly anyone can sell there house by themselves at any time sure they dont sell homes that are not registered with the asn WHY???? cus they dont have a contract( lot of legal stuff there ) to do so and no remumeration is agreed apon WOULD YOU WORK FOR NOTHING ?? if the homes is in the MLS as a private listing of course they show it is a CONTRACT for some sort of a fee .
the commision is BY law negociable and NOT fixed its just most realtors feal that 65 is a fair price for there services . dont we all pay the same UNION RATE for a plumber . electrican ,etc why is it alright for a doctor,. lawyer , plumber , tv technician to all charge the same rate ..BUT NOT A REALTOR ... ??
That is corect .
its the sellers responsiblilty to file a *declaration of condition of property* and the *realtors * responsiblity to MAKE SURE THE SELLERS DOES EXACTLY THAT dont peole lie ???
if things go wrong ask your attn whom do you sue??? ....
THE deep pockets realtors not the sellers who might not after claiming a * hOMESTEAD * have any liquid assests .
When buying or selling a commodity as important a assest in you life as a *home * to not use profesional help is in my mind penny wise and pound foolish .
some posters here are quoting homes that sold with out a realtor ,they are the exception not the rule and there is NO evidence that the FIBO got any more * bottom line money than they would had they used a professional .
Let your realtor earn the commision ask for all these facts get a idea of wether you are selling at the right price is it a hot market , have many sold in the subdivision if not why are there new homes bEING built nearby ??.Folks taht say my realtors didnt do anything have themnselves to blame ..ASK for a report when the home is shown ask the showing realtor his/her opinion . what the potential buyer said, get feedback did the pospective buyer make a offer on another home all this is in the hands of your realtor just ask for it .keep closely in touch and you wil see how the realtor earns his /her money .
Most showing wil be in the first week of the home appearing put in the MLS ,reason being there are* buyers agents* checking the lists each day for any clienst they have that are looking for a home like yours .
That is very veriable each home is unique to its self .
When a client ( buyer ) ordered up a home from me i got down to such details of there wants such as as colour of carpet? tiles , .where there pets in the home , smokers , was it a rental , landscaping .stuff like that and only showed them homes that fitted there criterior . its mostly a buyers market so they can be as picky as they want .
A informed seller is a wise seller ..make sure you are ....
Thanks for your help, John. The only feedback I've had so far is one buyer bought the house they saw straight after ours as it had a basement. That's one thing I can't change :roll:
That said, it may not be that they need a realtor to sell their home. One home that has been FSBO forever is priced too highly and the owner will not use a realtor because they value it at less than the owners do. Maybe if the owner was asking a realistic price it would sell just as fast as one listed with an agent.
I would quite happily give someone 6% to sell my place.
/yes I said trailer
//insert Deliverance banjo tune here
So, the question is this - Should we sell the house FSBO (For Sale By Owner), or should we use an agent? Most agents now charge a whopping 6%, but there is one called Sell-for-less that charges 3%. It is either gonna be FSBO, or Sell-for-less. FSBO now lets you pay an extra $395 to be on the MLS listing.
Any experiences you could share would be greatly appreciated. :wink:
thats upfront money if the home dont sell at end of agreement you get to pay again and so on and so on, and * sell for less *doesnt do any other advertizing as i say yo only get what you pay for
Contact 10 realtors and have them come over and appraise the sell price of the house. Ask them what you can do to improve sale-ability.>>>>You do not have to tell them you are not going to use their service<<<<<<< or list it yourself. Just do not sign anything.
You save and use 10 professionals and dont pay them a penny ,and never intended to NICE ATTITUDE DUDE :evil: