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djrobsdParticipant
What’s more pathetic is the newscaster on KUSI with the Thomas Brothers map… He keeps pointing at that thing and waving it in front of the camera like it’s something special…. hello, ever heard of google earth and microsoft virtual earth?
LOL
djrobsdParticipantWhat’s more pathetic is the newscaster on KUSI with the Thomas Brothers map… He keeps pointing at that thing and waving it in front of the camera like it’s something special…. hello, ever heard of google earth and microsoft virtual earth?
LOL
djrobsdParticipantWhat’s more pathetic is the newscaster on KUSI with the Thomas Brothers map… He keeps pointing at that thing and waving it in front of the camera like it’s something special…. hello, ever heard of google earth and microsoft virtual earth?
LOL
djrobsdParticipantThis is my favorite part of the article here:
“Long-term, if you look at the San Diego marketplace, if consumers are waiting for the bubble to outright burst, this is a very controlled, stable market,” he said.
When are these morons going to stop denying the realities of this market?
djrobsdParticipantThis is my favorite part of the article here:
“Long-term, if you look at the San Diego marketplace, if consumers are waiting for the bubble to outright burst, this is a very controlled, stable market,” he said.
When are these morons going to stop denying the realities of this market?
October 19, 2007 at 12:10 PM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90169djrobsdParticipantWhat I love the most, is my original realtor who pressured me all the way to the loan document signing (even when I got cold feet and told him I didn’t think I would be able to afford the payments) called me a few months ago saying he would be “happy” to help me do a short sale.
If that’s not scum of the earth, I don’t know what is. The way I see it, realtors who already made their commission when you bought the home should be HELPING their clients sell the home, even if it means selling it for 1% commission instead of 3%, but you know, they have this attitude, why bother wasting time on a low commission sale. And sure, to most sellers in trouble, that 2% might not make any difference… But for some it does.
I take responsibility for signing the loan documents, and buying my house, but I still put a lot of trust in my realtor, and he told me every story in the book back then “well I know this seems a little bit high, but once you get some equity you can re-finance, or sell this house and move into a better one with the equity.”… Of course, that’s what they all said back then… And hey, we believed them… Now we have to own up to our mistake and take responsibility.
October 19, 2007 at 12:10 PM in reply to: “The Subprime Blame Game: Where Were the Realtors?” #90180djrobsdParticipantWhat I love the most, is my original realtor who pressured me all the way to the loan document signing (even when I got cold feet and told him I didn’t think I would be able to afford the payments) called me a few months ago saying he would be “happy” to help me do a short sale.
If that’s not scum of the earth, I don’t know what is. The way I see it, realtors who already made their commission when you bought the home should be HELPING their clients sell the home, even if it means selling it for 1% commission instead of 3%, but you know, they have this attitude, why bother wasting time on a low commission sale. And sure, to most sellers in trouble, that 2% might not make any difference… But for some it does.
I take responsibility for signing the loan documents, and buying my house, but I still put a lot of trust in my realtor, and he told me every story in the book back then “well I know this seems a little bit high, but once you get some equity you can re-finance, or sell this house and move into a better one with the equity.”… Of course, that’s what they all said back then… And hey, we believed them… Now we have to own up to our mistake and take responsibility.
djrobsdParticipantYou know what else is wrong…. My phone started ringing at 7:45am this morning and hasn’t stopped… Because my listing expired with my old realtor, and even though she removed the phone # from the listing, they were obviously still able to get my # from somewhere and they won’t leave me alone. I won’t even answer the phone, but it sucks because now my business is on hold since I use my cell phone for my business too, and I simply don’t have time today to field off agents…. Oops, I wish my realtor would have disclosed to me that whatever phone # I give her will be solicited by other realtors…. This is just total BS.
djrobsdParticipantYou know what else is wrong…. My phone started ringing at 7:45am this morning and hasn’t stopped… Because my listing expired with my old realtor, and even though she removed the phone # from the listing, they were obviously still able to get my # from somewhere and they won’t leave me alone. I won’t even answer the phone, but it sucks because now my business is on hold since I use my cell phone for my business too, and I simply don’t have time today to field off agents…. Oops, I wish my realtor would have disclosed to me that whatever phone # I give her will be solicited by other realtors…. This is just total BS.
djrobsdParticipantSo, Rustico, would it be easy to assume:
1- Home is priced right
2- Good pictures (12) and virtual tour of the home
3- MLS Listing= Sale of the house regardless of the realtor I hire?
In that case, it doesn’t matter if I go with the best realtor in town or the worst…
What are the stats anyway? Does anyone have the stats from the NAR?
Also, can someone with MLS access find out how many of Battiata’s listings actually were sold by his office? He seems to tout that he gets 50-100 phone calls a day from his ads, and that he shows buyers his homes first before showing them MLS inventory…. So he should have a lot of homes sold by his MLS ID# right?
djrobsdParticipantSo, Rustico, would it be easy to assume:
1- Home is priced right
2- Good pictures (12) and virtual tour of the home
3- MLS Listing= Sale of the house regardless of the realtor I hire?
In that case, it doesn’t matter if I go with the best realtor in town or the worst…
What are the stats anyway? Does anyone have the stats from the NAR?
Also, can someone with MLS access find out how many of Battiata’s listings actually were sold by his office? He seems to tout that he gets 50-100 phone calls a day from his ads, and that he shows buyers his homes first before showing them MLS inventory…. So he should have a lot of homes sold by his MLS ID# right?
djrobsdParticipantHahaha, I’d pay the $1000 fee!!! But they aren’t buying people’s homes any more. The only time they will “Buy” a home is if someone wants to buy your home that already has another house, they will “make a guaranteed offer” on their home so they can buy yours. My guess is they probably offer 10-20% below the appraised value so they don’t loose their shirts on that guarantee.
You mention if a realtor has a better system then they deserve to charge fees. I agree to a certain extent, but I think that TV and newspaper ads have deceived people into thinking that Battiata can sell your house. The truth is in the numbers, and after looking at MLS data for him, for every home he sells there is another one he doesn’t. So, my theory is that he just takes as many listings as he can within reason, and hopes that a certain percentage of them sell.
To me, this could work, if the right buyer for my home happened to be watching his TV commercial at the time, but if not, I think going with him would be a bad thing because he wouldn’t be networking with other agents and calling all of his past clients to try and sell my home. When you have 60 listings you don’t have time for all that, but when you’re a well established and respected realtor with a small number of listings, with a lot of contacts in the business, I think that can go a lot further in getting a home sold….
Just my theory of course, I’m by no means an expert here. 😉
djrobsdParticipantHahaha, I’d pay the $1000 fee!!! But they aren’t buying people’s homes any more. The only time they will “Buy” a home is if someone wants to buy your home that already has another house, they will “make a guaranteed offer” on their home so they can buy yours. My guess is they probably offer 10-20% below the appraised value so they don’t loose their shirts on that guarantee.
You mention if a realtor has a better system then they deserve to charge fees. I agree to a certain extent, but I think that TV and newspaper ads have deceived people into thinking that Battiata can sell your house. The truth is in the numbers, and after looking at MLS data for him, for every home he sells there is another one he doesn’t. So, my theory is that he just takes as many listings as he can within reason, and hopes that a certain percentage of them sell.
To me, this could work, if the right buyer for my home happened to be watching his TV commercial at the time, but if not, I think going with him would be a bad thing because he wouldn’t be networking with other agents and calling all of his past clients to try and sell my home. When you have 60 listings you don’t have time for all that, but when you’re a well established and respected realtor with a small number of listings, with a lot of contacts in the business, I think that can go a lot further in getting a home sold….
Just my theory of course, I’m by no means an expert here. 😉
djrobsdParticipantFirst of all, I don’t think you understand what my beef with this guy is, let me summarize.
He stated something along the lines of “it’s just a standard DRE contract”, but yet there was a $695 fee in there that if you did not scan closely with your eyes, you would probably miss, and then be subject to pay. That’s not a “Standard” fee in the real estate business, it’s something typically found with a discount broker, not a full service broker that’s charging 6% commission.
To me, if a realtor is going to make a promise on TV such as “you can cancel at any time if you’re not satisfied” which is what he USED to say, but I don’t think he’s saying any more, and then he automatically puts a $995 cancellation fee in his contract, he’s contradicting himself, and should not be given the time of day.
I do business the old fashioned way, which is you disclose everything up front to the person you are doing business with, and not try and hide anything. If you tell me “it’s just the standard contract”, and then you add in some hidden costs to the “Standard” contract, then you’re not very ethical.
So for me, this is not just the fact that he was pushy, it’s also an ethical question. If they are this unethical in signing a deal with me, then what are they going to do during the sales and negotiation process?
And for the record, I did tell him I wasn’t willing to pay the fee, and he said “if that’s your only concern, i’ll remove it.”
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