San Diego Shysters

[what_a_disasta]

My Mother in law is selling her house in San Diego and using one of the low cost realtors. One that doesn’t try to get the ridiculous commission demanded by most.

She was unfortunate enough to have a well known local realtor come by. He didn’t want to view the house he just wanted to tell her that, had he been selling the house, he would have got her at least an extra $30k. He also plainly stated that, because of the low commission on the deal, neither he or any of his associates would bring anyone to view the house.

Nice to know that certain realtors still see fit to overprice homes by an arbitrary amount. Also “nice” that they see fit to try to frighten little old ladies and make them feel bad about things which are none of their business.

p.s. His name rhymes with “Got Paid”

[uncle_git]

Rather than post cryptic clues to his name – just go ahead and post it.

That way we can avoid dealing with pricks like this.

Once sales continue to plunge realtors will be begging for buyers – let’s make sure people know which ones are honest and which ones are not – as a buyer I don’t want anything to do with someone who won’t show me every house available that meets my criteria.

[jawbone_shack]

It’s still happening. The house across the street from where we are renting was just listed for $525,000 when the one right next to it didn’t even sell for $460,000 a year ago and was plain taken off the market. This particular realtor will lower a house price by $100 and run big ads that say “Price Reduced”. What a scam.

Another house in our area is getting listed for $60,000 more than comparable sales in the area because the realtor is going to try and “push” the neighborhood just because it doesn’t have any telephone lines above ground (this is what we were told by our “friend” who is a realtor, her co-worker is listing this dump). San Diego Realtors are nothing more than legalized thieves and con artists. Where the hell do they come up with these numbers these days? Are they ignorant? How do they substantiate it when reports show San Diego homeprices are as muchg as 67% overvalued, from CNNMoney:

Coastal housing markets still way overvalued

When you see reports like that I wonder why the bubble doesn’t burst, oh I don’t know, like TODAY.

[lendingbubblecontinues]

I agree. Beyond that- this smells of “racketeering” and should be reported to the local FBI office. Let’s make a public spectacle of the ass.

Fat Tony- “You don’t pay my commission, you don’t got no customers, capiche?”

Aunt Minnie- “But, kind sir, I can’t afford to…” (sounds of a cement truck dropping it’s payload on her head)

Fat Tony- “Fugghet about itt”

[JJGittes]

Eh, tell her not to sweat it. The toothpaste is out of the tube, i believe, for the traditional RE sales model. If she is in the MLS, the house will be picked up by realtor.com, Coldwell’s site, prudential’s site…pretty much all of them. People are looking on the internet for their own homes these days. If the house appears to be a good deal, and they are serious, buyers will make their way to the front door.

[powayseller]

80% of homes are sold over the internet. Sellers need good photos, and a narrated video tour. Buyers choose the homes they want to see. When the buyer sees the house, is the realtor going to say, “I won’t show you that one, it’s already in pending?” I wouldn’t put it past some of them.

And that’s why Open Houses are a waste of time for realtors. Serious buyers no longer need to drive around to Open Houses. They preview on the internet. Of course, you still get all the looky-loos at the Open Houses. But I think most realtors have found that Open Houses are the old way of doing business. The new way is internet-driven. Effective realtors have a web portal, which has MLS listings and market data. That’s how you get your customers, your prospective buyers. JJGittes, you’re absolutely right – people ARE looking on the internet for their homes. Gone are the days when you called the realtor and gave him your criteria, he pulled up the list of eligible homes, and you both drove around to preview, or you found Open Houses on your own. That’s the old way of doing stuff. But many realtors have not adjusted yet.

[lendingbubblecontinues]

Hi Powayseller!

[lostkitty]

Welcome back Powayseller! : ) Happy to be reading your pithy comments yet again.

[sdduuuude]

If anyone needs a great realtor, I know of one. She helped us buy our first house and although I have bought and sold houses without a realtor, I would use her and I trust her intrinsically.

This is one of the most profesional individuals I have ever met. Ever. Period.

Negative comments about realtors tear at me because I have encountered so many awful ones, but then I know people like Rosalie. I’m just sorry not everyone has met or used a quality individual for a realtor, but admittedly, it is hard to find a good one.

[sdrealtor]

Welcome Back PS. I hope you enjoyed the time off and spent a little more time with the family.

[Raybyrnes]

It’s not tactful but you said the guy was successful. You might not like the style but maybe he is worth his asking price and would have been able to get a much better price.

Simple economics tell you that people work on economic incentives. The less incentive there is to sell the less motivated to go out of your way to get the highest asking price. Lots of people can be order takers. Sales people work for a living, in good times and in bad. The ones that survive are usually fairly good at what they do.

Check out the book Freakonomics.

[Raybyrnes]

It’s not tactful but you said the guy was successful. You might not like the style but maybe he is worth his asking price and would have been able to get a much better price.

Simple economics tell you that people work on economic incentives. The less incentive there is to sell the less motivated to go out of your way to get the highest asking price. Lots of people can be order takers. Sales people work for a living, in good times and in bad. The ones that survive are usually fairly good at what they do.

Check out the book Freakonomics.

[Raybyrnes]

It’s not tactful but you said the guy was successful. You might not like the style but maybe he is worth his asking price and would have been able to get a much better price.

Simple economics tell you that people work on economic incentives. The less incentive there is to sell the less motivated to go out of your way to get the highest asking price. Lots of people can be order takers. Sales people work for a living, in good times and in bad. The ones that survive are usually fairly good at what they do.

Check out the book Freakonomics.

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