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Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55707342 added 12-05-2012 7:20 AM by tenkay in Archived Deals
Perhaps I just have a receptive agent, but she takes the low selling commission without question. I'm a good seller, the house is usually clean and empty, I'm reasonable about requests and...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52769914 added 08-27-2012 7:40 AM by hcazualcc in Archived Deals
I think my argument coincides perfectly with what the OP was saying but I'm looking at it from the opposite side of the spectrum. It's called market pricing, and when you look at it from the real...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52792040 added 08-28-2012 12:17 AM by bigpimpatl in Archived Deals
How classy. Sounds like you were a part of a very respectable organization! Back to topic, I think we're asking the wrong question. The question we should be asking is, do we need real estate...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52698848 added 08-23-2012 6:01 PM by Brian1 in Archived Deals
Great question. Let's take the example you gave of the Kardashians making money on being trashy. Here's my take on it: I am a big believer in, since I am not the one paying nor the one getting...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52709592 added 08-24-2012 5:30 AM by happyhunting in Archived Deals
So you are one of those people... I'm going to guess that you go to a chili's with a few friends and tip 2 bucks on a $50 ticket. Then you go somewhere nice and get a $200 bill and still tip $2. You...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52689522 added 08-23-2012 11:48 AM by SnakePlisken in Archived Deals
:iagree: that's lots of lettuce they make you guys wash everyday
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52684902 added 08-23-2012 9:11 AM by zzyzzx in Archived Deals
Real estate agents are grossly overpaid. A McDonalds employee works much harder.
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52690466 added 08-23-2012 12:22 PM by AvidBuyer in Archived Deals
yes of course, its a criminal organization that you can join if you want to.
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52699620 added 08-23-2012 6:38 PM by Dr. J in Archived Deals
There are realtors here but AFAIK the actual AGENT only gets, typically, 1.5% (half of half of the 5-6%). so in a $400k sale, that's $6k. Now, what I will say is that I think that the 6%...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52805328 added 08-28-2012 12:59 PM by kyotuosa in Archived Deals
Almost all corporate and wealthy people use travel agents because time > money.
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52808172 added 08-28-2012 2:56 PM by onenanana in Archived Deals
I totally agree! Which is why there are still travel agents around; just not as many as 10+ years ago. I foresee the same thing for RE agents. Some people will still want to use them. Great! But for...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52810660 added 08-28-2012 4:55 PM by kyotuosa in Archived Deals
No, you said RE & travel agents are very similar and used "illusion" to group their products are similar It's like saying Investment banking sales and insurance sales are very similar they are all...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52816934 added 08-28-2012 9:26 PM by acesmuzic in Archived Deals
if that's all your agent cares about (buyer or seller) you picked poorly. a good realtor wants to develop a good relationship/reputation so you recommend them to your home buying/selling friends. for...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52811104 added 08-28-2012 5:17 PM by kyotuosa in Archived Deals
Well, if that 's how you feel. All professions are similar then there's really no point in writing it. As I said, so with these information. What are you going to do with it? Are you going to...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52811392 added 08-28-2012 5:30 PM by kyotuosa in Archived Deals
The video is 100% correct. I thought it's common sense actually. Seller's agent will always try to get ur house sold quickly and get seller to reduce their price so they could get the commission...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52808392 added 08-28-2012 3:09 PM by kyotuosa in Archived Deals
I really think real estate is much different than travel deals. As there are only a few airline to compare to and with sites like Kayak & priceline for tickets and hotels you could spend as little as...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #53096530 added 09-09-2012 11:36 PM by Brian1 in Archived Deals
The next time you're in the market for a real estate agent, drive around the area you're looking to buy or sell in and note the names of the three or four agents whose signs you keep seeing over and...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52756684 added 08-26-2012 2:26 PM by Superocean in Archived Deals
YOu can buy a home off a person who's selling FSBO And not pay one cent to an agent. NObody is forcing you right? Same with car dealers, I wish I could have bought a GM Silverado during the meltdown...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52762780 added 08-26-2012 9:21 PM by 8mpg in Archived Deals
I think they make too much money.. if I sell my place, Im doing FSBO with a paid MLS listing. I can show my own house for the $24000 commission I would fork out
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #57792380 added 02-24-2013 8:03 AM by drew2money in Archived Deals
There are some really stupid agents out there. I just purchased an investment property, and the selling agent told my agent all kinds of good information about the seller, how many contracts fell...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #57543748 added 02-12-2013 8:14 PM by lakeshow99 in Archived Deals
As slickdealers, we pride ourselves on knowing the market (whether electronics, goods or real estate) and thoroughly research our own purchases. I encourage all my buddies to do what I did regarding...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
That article is about 7 years old. As someone who has worked for 2 agencies, i can tell you the majority of that stuff is BS. We were never pushed to sell our own brokers listings, never told to...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #57587098 added 02-14-2013 4:04 PM by travathian in Archived Deals
It may not be a true monopoly, but you'd be a fool to think it is a fair market. The real estate lobby is huge, well funded, and will do anything to keep their power. I loved that in the middle of...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Do you negotiate this commission split with your selling agent? How receptive were they to this?
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55580232 added 12-01-2012 7:24 PM by drsketch in Archived Deals
:lmao:
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55055110 added 11-21-2012 12:33 PM by zzyzzx in Archived Deals
http://patrick.net/forum/content/uploads/2012/11/remax-sign.jpg
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55549444 added 11-30-2012 6:42 PM by zzyzzx in Archived Deals
http://patrick.net/forum/content/uploads/2012/07/codeofethics.png
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55453412 added 11-28-2012 12:36 PM by RooseveltL in Archived Deals
Can't agree agents are necessary in general sales. Similar to bank tellers & travel agents - the need for hand holding for the real estate process with all the electronic opportunity is minimize....
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #55579806 added 12-01-2012 7:05 PM by Da_White_Lotus in Archived Deals
No can do Kimosabe. I feel the same way as the OP. I just bought a condo 4 months ago and I tried my best to not use an agent. Unfortunately I financed the transaction and the way the financing was...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #57578716 added 02-14-2013 10:58 AM by BargainSnatcher in Archived Deals
ok, i've stopped reading after page 4, so if i am repeating something you'll have to excuse me. I use to be a Realtor, and i still hold a real estate license as i plan on purchasing real estate...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #57596860 added 02-15-2013 6:27 AM by MNGuy183 in Archived Deals
You forget that this is not what the realtor actually gets to take home to his/her family. There are many costs of owning a business, taxes, licensing fees, subscription services, etc. There are...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52778408 added 08-27-2012 1:30 PM by Superocean in Archived Deals
Why aren't we first complaining about politicians and wall street bankers making too much money first before we talk about lousy RE agents? If you are selling FSBO, get ready for the house to sit...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52739650 added 08-25-2012 1:22 PM by johnfoe in Archived Deals
I can see either side. This doesn't fit for the "finance" forum, this should be in the lounge or something. People that think they are overpaid are ones that found a house and did everything...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52753898 added 08-26-2012 10:55 AM by samurai03 in Archived Deals
What your dad does to generate business is not the same as what the op is trying to point out.
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52810268 added 08-28-2012 4:38 PM by TheWoman in Archived Deals
One thing that needs to be taken into account is that sometimes real estate agents do all the work and get nothing. They can drive someone around and show them houses all week, and then that person...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52810372 added 08-28-2012 4:42 PM by kyotuosa in Archived Deals
So I am under the impression that one of RE agent's job is to see bunch of the houses. Which would save you time to find you the exact right house as you have to see the actual product. Do you...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52810836 added 08-28-2012 5:04 PM by Brian1 in Archived Deals
A good real estate agent offers much more than simply access to locked houses and the MLS. A good real estate agent knows the nuances of the particular market that the potential to-be home is in. ...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52810902 added 08-28-2012 5:07 PM by bigpimpatl in Archived Deals
I have no idea what you're argument is. I never said real estate agents=travel agents, I made this distinction already. But they are very similar, indeed all professions are similar in that they...
Real Estate Agents Underpaid?
Expired
Thread created 08-23-2012 by laier19usa
0 Score 87 Replies 13,060 Views
Post #52787854 added 08-27-2012 8:42 PM by ManUpOrShutUp in Archived Deals
+1 I delivered pizza all through college and if you didn't tip the customary 15%, your order went to the bottom of the pile at the very least. On a Friday/Saturday night, that might make you...
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