murf
I saw exactly what you posted and the 6% as justification for discounts is misused. We are not talking about both ends of the deal, we are talking about the buyer’s agent so why even mention the 6%? Why even mention $30,000 of commissions when they are at best $15,000 and in most cases $12,500 on a $500,000 home. Because its sexy to attack our compensation thats why. I will tell you our job is not easy right now. Quite frankly, when I last spoke with Adam we laughed about how much our jobs suck right now. So, I’ve talked too and met him.
To me a bargain is not a good deal unless it is a great home AND a great price. Alot goes into making a house a great home.
I also think that discount/rebate agents inflate the comps. How bout that hearsey! Yes, we’ve heard lots of gripes about inflated comps. Well if you buy a house for $816,000 you are getting a 2% rebate on a 3% commission because you were really willing to pay $800,000 then you just inflated the comps. Never heard anyone gripe about the market distortion that causes. Would love to hear SD R’s opinion on his role of inflating comps. I hear him gripe about inflated comps but not his role in creating them.
Now here’s the punchline to it all. His inflated comps will help me and my friends refinance our homes at these lowest in history mortgage rates. Thanks pal!
