On Realty Road, It’s a Rough Ride

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.

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.

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%".

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

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

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.

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!!!!!!

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.

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.