[quote=bearishgurl][quote=drboom]You can argue semantics all you want, but I did in fact pay 1% less than I would have if I had been a good boy and followed the rules. Maybe you’re too rich to care, but that’s real money to me. I know it’s just a discount on the commission that I, as a buyer, am paying (see my previous post) so I don’t fool myself into thinking it’s “found money”.
Do you feel threatened by that?[/quote]
Actually, no, drboom, I don’t feel “threatened” at all. If it made your problematic deal work and was a win-win for both of you, then it appears that a full-service agent made a business decision to kick you back half their commission to get the deal done.[/quote]
No, he wanted our business and understood we wanted a limited set of services. I never even sat in his Escalade. The deal that closed wasn’t “problematic” as short sales go: it closed 90 days after our first offer.
[quote]The listing agent actually made less out of the sale than you did because he had expenses and possibly commission splits to boot! So, count yourself lucky here.[/quote]
OK, now I’m beginning to think you’ve got comprehension issues. The listing agent on the house we bought paid out the same 3% he would have paid out to anyone else. Our buyer’s agent did a post-tax fee split with us, and he showed us his payout statement from his broker to head off any questions about honesty.
[quote]
(arithmetic redacted)
The monthly payment difference is $28.35 between a $495K and $500K purchase price.
[/quote]
This is the kind of thinking that is bankrupting our government. Thackeray had some choice rants about conducting one’s life on debt service in Vanity Fair back in the 1840s (edit: fixed century). Great book, though it could have ended better.
Let’s complete your arithmetic, shall we? That piddly $28.35/mo. adds up to $10,206.00 over 360 payments.
My wife and I could take five cruises down the coast of Mexico for that kind of money, but you suggest we’d be better off staying at home so we can pay for services we neither want nor need.
[quote]Hey, drboom?? You still haven’t indicated here whether or not your veteran agent/relative is still speaking to you and/or your wife.[/quote]
Not that it’s any of your business, but I never said she wasn’t speaking to us. Go re-read what I wrote and you’ll figure it out.
