FOR SALE BY OWNER: THE KRYPTONITE OF ALL REALTORS!
DON'T LET THESE WORTHLESS OPPORTUNISTS REMOVE THE PROFITS THAT YOU HAVE EARNED!
DON'T LET THEM TELL YOU : "WELL YOU SHOULD DO THESE THINGS TO YOUR HOUSE , BECAUSE NOT EVERYONE WILL WANT IT THE WAY YOU HAVE IT NOW"! IF IT IS MADE TO BE THE WAY THAT MOST OR ALL LIKE IT....................WHY DO WE NEED YOU?...............WHY PAY YOU 5-6% OF OUR HARD EARNED PROFITS OF BEING RESPONSIBLE, MORTGAGE PAYING, MAINTINANCE DOING HOME OWNER!
REAL ESTATE
On Realty Road, It’s a Rough Ride
Published Aug 9, 2008
Aug. 18-25, 2008 issue
Member Comments
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Posted By: LIKEITIS @ 08/15/2008 10:08:12 AM
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Posted By: jazbase @ 08/14/2008 11:32:04 PM
Send these real estate brokers east. My wife and I have a $250,000 home listed ourselves through MLS and have expressed interest in paying a broker 3% for selling it. We can't find a single one who is interested in making $7500 selling a house. They all want to list it and get 2-3% but aren't actually interested in putting a buyer in the car and taking them to a house to show and sell it...in other words...for doing some work.
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Posted By: LIKEITIS @ 08/15/2008 10:15:07 AM
I WENT THROUGH THE SAME THING IN SALT LAKE CITY 4 YEARS AGO......................30 REALTORS CAME BY, SAID THEY WOULD BRING CLIENTS BY, SIGN A 1 PERSON CONTRACT ON THAT PERSON..........AND THEN GO FOR A 3% COMMISSION..........BUT THAT I HAD IT 20K PRICED TOO HIGH................4 MONTHS GO BY..................0 CLIENTS FROM THE REATORS................25 FROM MY "FOR SALE BY OWNER SIGN..........................SOLD IT FOR 10K LESS (MYSELF) (10k MORE THAN THEY WANTED ME TO DROP MY PRICE) AND AVOIDED THE 3-6% COMMISSION..................................1 HINT, ...............HAVE THE HOUSE CLOSE TO READY TO SHOW AT ALL TIMES...............I SOLD MINE AT 10:00 PM, THE BUYER CALLED WHILE IN MY DRIVEWAY!............I WILL NEVER SELL ANOTHER HOUSE THROUGH A REALTOR.............IT IS TOO EASY TO DO IT YOURSELF!
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Posted By: fuzzy321 @ 08/13/2008 5:46:06 PM
To tell the truth, the individuals made the decision to make the purchase, no one put a gun to anyones head and made them buy. It is responsibility of the buyer/borower to thoroughly investigate the property and loan(s) they are acquiring. This is a two way street and people should stop blaming others for poor decisions they made. This is America after all and we should live with the decisions we make. In every industry there are bad apples yet there are more people in the real estate business of good moral fiber then we have running our country.
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Posted By: TrevorInCA @ 08/13/2008 4:25:31 PM
Every economist in the country was sounding the alarm about the housing bubble except the shills from the real estate industry. Real estate agents sold thousands of homes they knew to be overvalued all in the sake of a commission. It takes a special person to do something this cruel. A trusting public mistakenly put faith in the real estate agent to guide them in home buying. "You gotta buy now, so you don' t get priced out of the market" was a common pitch from realtors. Real estate agents help to financially devastate thousands who listened to their crap and bought overpriced houses that lost thousands in value.
We'll some have had to learn the hard way. You can't and shouldn't trust real estate agents when it comes to marketing information.-
Posted By: mbadams @ 08/17/2008 8:59:48 AM
Nearly EVERYseller I've ever listened to has overvalued their home, and when realtors try to tell them their price is too high the most common response is, "it only takes one buyer." The truth is the critics are just as unrealistic as the sellers and sometimes the realtors, but everyone blames the messenger, and I've never found a realtor critic who has walked in those shoes...if they had, they'd know that these realtors almost never make 5%...rarely even 3%...usually a bit more than 11/2%. It's easy, and a cheap shot, and one of the ugliest things about America, to criticize things we know nothing about, but we'll keep doing it...ust watch, someone will follow this post with just such drivel...and we will all spread the hatred of ourselves. In Pogo's words, "we have met the enemy, and he is us."
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Posted By: vologases @ 08/13/2008 2:06:29 PM
fox3, you and i both know that many realtors made extreme amounts of money in the first half of this decade. Good for them. I'm just commenting on this article and how I have no sympathy for these parasites. Why not save something for the lean years that were so obviously coming?
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Posted By: fox3 @ 08/13/2008 1:40:53 PM
So far, the educational level of the commentators is rather obvious. In addition, they have no clue how hard an honest Realtor has to work to earn considerably less than "5%".
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Posted By: vologases @ 08/13/2008 10:19:05 AM
Parasite is the correct way to categorize these people. I don't begrudge them their massive incomes during the boom, hey we all want to make money and nobody had a gun to the head of idiot buyers. But don't cry poverty after you've made 5% off every home sale during the largest real-estate boom in history. Where did all that money go? Land Rovers and blow i bet
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Posted By: vologases @ 08/13/2008 10:13:45 AM
I don't have an ounce of sympathy for these parasites. They made 5% off every house sale during the largest real-estate boom in history and they have the nerve to cry poverty?! What did they spend all that money on? Land Rovers and blow
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Posted By: pattypam.gmail.com @ 08/13/2008 10:07:37 AM
This is exactly what Real Estate Agents deserve. They are the parasites of the housing market. Many of them encouraged sellers to get greedy by having the sellers ask for astronomical amounts for their homes for things like "hardwood floors and terrocatta ceilings." (It used to be when one bought a house they had to have a job, a salary, and a down payment. Also houses sold for the meat and potatoes of the property (how many rooms the land it was on etc.) and the price was based on that. People did not pay thousands of dollars extra just because a house had hardwood floors. )
In order to get bigger and bigger commisions REA's linked up buyers with scum sucking loan agents, even if they knew there was no way the buyers could afford to pay the price of the over inflated house(s) they were buying. No one talks about the responsibility that hangs on the heads of the Real Estate Agents, the sellers, and the loan agents for this housing crises.
Many people were not buying mcmashions but just normal 2 bedroom houses in regular neighborhoods that were selling for 2-3 hundreds of thousands more then they were actually worth. The REA's got big commissions by ripping off the buyers and by creating an over inflated, frenzied housing market.
May they all reep what they sowed!
Because of the REA's, people like me, a single parent supporting 2 kids on a mid range salary, can never afford to buy a home. There are many other middle class workers, who in the past could have afforded to buy a house, cannot either. Starve REA's. Karma Hurts. -
Posted By: NOFX @ 08/12/2008 1:13:01 PM
Q: Where were all of these agents when the market was booming? A: Making TONS of money. Did they save their money or purchase a home they couldn't afford? In the realty and mortgage business you have to plan for down times because they occur every so often. Don't spend every penny when the market is good and you will be able to weather the downturns.........DUH!!!!!!
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Posted By: Karenn1 @ 08/12/2008 9:34:39 AM
Tax us all to pay for our debt. Than let see how much money go's out. Were in crap anyway. We need to be taxs till it hurt.Printing more money is denial. Take off all benefits of U S Company outsourcing and offshoring. Put the Scarlet letter on them,label them unamerican and economic terrorist.
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Posted By: Tea6 @ 08/12/2008 9:16:19 AM
The Asian countries flood the US with money to lend from their trade imbalances. A housing bubble occurs that dramatically increases the cost of living in the US. Credit card companies throw money at people increasing their debt burden (just cash this convenience check and use it for, whatever). US workers are now even more uncompetitive because they need greater wages to make ends meet.
This creates more opportunities for offshoring and outsourcing of jobs because hiring Americans is too expensive.
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