Forum Replies Created
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AuthorPosts
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drboom
Participant[quote=bearishgurl]
drboom, it appears from your post, above, that you ended up purchasing a property that had been close to default, (snip)[/quote]Perhaps I wasn’t clear. The day after BofA tried to screw his seller, the listing agent on the first short sale drove out and pulled up his sign. He had been involved with the listing for a grand total of 4 months. He then made his fee split offer, and we did a deal on another completely unrelated house.
Why are you trying to put the worst construction on this? Are you, like sdr, threatened by the notion that your services aren’t essential to life, liberty, and the pursuit of happiness?
[quote]Just wondering though . . . How does your wife’s relative feel about you both now after he was cut out of the commission on that deal?[/quote]
He was pissed, and so were a couple of other family members, but they got over it. It’s better than having him hose us on a deal, which he was bidding fair to do, and end up never speaking to him again.
Participant[quote=sdrealtor]
But the system in place is there because it works.
[/quote]You’re going to make that assertion in this forum? Have you lost your mind?
If the last ten years have taught us anything at all, it’s that the system is FUBAR. Saying the system “works” for anyone but the RE industry doesn’t pass the laugh test, and lately it doesn’t seem to be working very well even for the RE industry.
Not all (or even most) of the blame falls on RE agents, brokers, and their various lobbying organizations, mind you–there’s plenty of blame to go around. But don’t delude yourself into thinking you occupy some kind of anointed place and do things mere mortals can’t. People bought and sold real estate for thousands of years before the current system came along, and for most of that history the systems they used didn’t result in economic distortions that threatened to take down the entire economy.
I’m sure you’re good at what you do, but you’re part of a failed system. Get used to it. My wife feels the same way about public schools, but she goes and teaches her students the best she can under the circumstances. Both systems are likely better than they would be without people like you and her in them, but they are failed systems all the same.
[quote]As for going direct why dont you call up the contract manufacturer in China to get your next iPod. Let me know that goes.[/quote]
I expect better from you than retarded redcutio fallacies.
Participant[quote=sdrealtor]
But the system in place is there because it works.
[/quote]You’re going to make that assertion in this forum? Have you lost your mind?
If the last ten years have taught us anything at all, it’s that the system is FUBAR. Saying the system “works” for anyone but the RE industry doesn’t pass the laugh test, and lately it doesn’t seem to be working very well even for the RE industry.
Not all (or even most) of the blame falls on RE agents, brokers, and their various lobbying organizations, mind you–there’s plenty of blame to go around. But don’t delude yourself into thinking you occupy some kind of anointed place and do things mere mortals can’t. People bought and sold real estate for thousands of years before the current system came along, and for most of that history the systems they used didn’t result in economic distortions that threatened to take down the entire economy.
I’m sure you’re good at what you do, but you’re part of a failed system. Get used to it. My wife feels the same way about public schools, but she goes and teaches her students the best she can under the circumstances. Both systems are likely better than they would be without people like you and her in them, but they are failed systems all the same.
[quote]As for going direct why dont you call up the contract manufacturer in China to get your next iPod. Let me know that goes.[/quote]
I expect better from you than retarded redcutio fallacies.
Participant[quote=sdrealtor]
But the system in place is there because it works.
[/quote]You’re going to make that assertion in this forum? Have you lost your mind?
If the last ten years have taught us anything at all, it’s that the system is FUBAR. Saying the system “works” for anyone but the RE industry doesn’t pass the laugh test, and lately it doesn’t seem to be working very well even for the RE industry.
Not all (or even most) of the blame falls on RE agents, brokers, and their various lobbying organizations, mind you–there’s plenty of blame to go around. But don’t delude yourself into thinking you occupy some kind of anointed place and do things mere mortals can’t. People bought and sold real estate for thousands of years before the current system came along, and for most of that history the systems they used didn’t result in economic distortions that threatened to take down the entire economy.
I’m sure you’re good at what you do, but you’re part of a failed system. Get used to it. My wife feels the same way about public schools, but she goes and teaches her students the best she can under the circumstances. Both systems are likely better than they would be without people like you and her in them, but they are failed systems all the same.
[quote]As for going direct why dont you call up the contract manufacturer in China to get your next iPod. Let me know that goes.[/quote]
I expect better from you than retarded redcutio fallacies.
Participant[quote=sdrealtor]
But the system in place is there because it works.
[/quote]You’re going to make that assertion in this forum? Have you lost your mind?
If the last ten years have taught us anything at all, it’s that the system is FUBAR. Saying the system “works” for anyone but the RE industry doesn’t pass the laugh test, and lately it doesn’t seem to be working very well even for the RE industry.
Not all (or even most) of the blame falls on RE agents, brokers, and their various lobbying organizations, mind you–there’s plenty of blame to go around. But don’t delude yourself into thinking you occupy some kind of anointed place and do things mere mortals can’t. People bought and sold real estate for thousands of years before the current system came along, and for most of that history the systems they used didn’t result in economic distortions that threatened to take down the entire economy.
I’m sure you’re good at what you do, but you’re part of a failed system. Get used to it. My wife feels the same way about public schools, but she goes and teaches her students the best she can under the circumstances. Both systems are likely better than they would be without people like you and her in them, but they are failed systems all the same.
[quote]As for going direct why dont you call up the contract manufacturer in China to get your next iPod. Let me know that goes.[/quote]
I expect better from you than retarded redcutio fallacies.
Participant[quote=sdrealtor]
But the system in place is there because it works.
[/quote]You’re going to make that assertion in this forum? Have you lost your mind?
If the last ten years have taught us anything at all, it’s that the system is FUBAR. Saying the system “works” for anyone but the RE industry doesn’t pass the laugh test, and lately it doesn’t seem to be working very well even for the RE industry.
Not all (or even most) of the blame falls on RE agents, brokers, and their various lobbying organizations, mind you–there’s plenty of blame to go around. But don’t delude yourself into thinking you occupy some kind of anointed place and do things mere mortals can’t. People bought and sold real estate for thousands of years before the current system came along, and for most of that history the systems they used didn’t result in economic distortions that threatened to take down the entire economy.
I’m sure you’re good at what you do, but you’re part of a failed system. Get used to it. My wife feels the same way about public schools, but she goes and teaches her students the best she can under the circumstances. Both systems are likely better than they would be without people like you and her in them, but they are failed systems all the same.
[quote]As for going direct why dont you call up the contract manufacturer in China to get your next iPod. Let me know that goes.[/quote]
I expect better from you than retarded redcutio fallacies.
ParticipantI can’t really let this one pass either, can I?
[quote=sdrealtor]Dr B.
Just to counter your counterpoint, you proved my point. Here is what you said “my wife and I had a bunch of buyer’s agents blow smoke up our posteriors, including a member of my wife’s family who is a 20 year RE veteran. We couldn’t trust any of them, so I represented us through our first six months of serious shopping. There were some agents who didn’t want to have anything to do with me. Their loss. Others were cool with it and worked with me.”The most important part was the last sentence but let translate. “Others were cool with it and wasted their time with me”.[/quote]
Bad translation, unless you understood that we actually worked with any of the clueless/untrustworthy buyers’ agents we talked to; I can see how you would get that impression from what I wrote. We didn’t. Some listing agents refused to talk to me because I wasn’t an agent.
You’d have to be drooling stupid to not work directly with people like us, however rare we may be, unless your real agenda is to protect the status quo.
ParticipantI can’t really let this one pass either, can I?
[quote=sdrealtor]Dr B.
Just to counter your counterpoint, you proved my point. Here is what you said “my wife and I had a bunch of buyer’s agents blow smoke up our posteriors, including a member of my wife’s family who is a 20 year RE veteran. We couldn’t trust any of them, so I represented us through our first six months of serious shopping. There were some agents who didn’t want to have anything to do with me. Their loss. Others were cool with it and worked with me.”The most important part was the last sentence but let translate. “Others were cool with it and wasted their time with me”.[/quote]
Bad translation, unless you understood that we actually worked with any of the clueless/untrustworthy buyers’ agents we talked to; I can see how you would get that impression from what I wrote. We didn’t. Some listing agents refused to talk to me because I wasn’t an agent.
You’d have to be drooling stupid to not work directly with people like us, however rare we may be, unless your real agenda is to protect the status quo.
ParticipantI can’t really let this one pass either, can I?
[quote=sdrealtor]Dr B.
Just to counter your counterpoint, you proved my point. Here is what you said “my wife and I had a bunch of buyer’s agents blow smoke up our posteriors, including a member of my wife’s family who is a 20 year RE veteran. We couldn’t trust any of them, so I represented us through our first six months of serious shopping. There were some agents who didn’t want to have anything to do with me. Their loss. Others were cool with it and worked with me.”The most important part was the last sentence but let translate. “Others were cool with it and wasted their time with me”.[/quote]
Bad translation, unless you understood that we actually worked with any of the clueless/untrustworthy buyers’ agents we talked to; I can see how you would get that impression from what I wrote. We didn’t. Some listing agents refused to talk to me because I wasn’t an agent.
You’d have to be drooling stupid to not work directly with people like us, however rare we may be, unless your real agenda is to protect the status quo.
ParticipantI can’t really let this one pass either, can I?
[quote=sdrealtor]Dr B.
Just to counter your counterpoint, you proved my point. Here is what you said “my wife and I had a bunch of buyer’s agents blow smoke up our posteriors, including a member of my wife’s family who is a 20 year RE veteran. We couldn’t trust any of them, so I represented us through our first six months of serious shopping. There were some agents who didn’t want to have anything to do with me. Their loss. Others were cool with it and worked with me.”The most important part was the last sentence but let translate. “Others were cool with it and wasted their time with me”.[/quote]
Bad translation, unless you understood that we actually worked with any of the clueless/untrustworthy buyers’ agents we talked to; I can see how you would get that impression from what I wrote. We didn’t. Some listing agents refused to talk to me because I wasn’t an agent.
You’d have to be drooling stupid to not work directly with people like us, however rare we may be, unless your real agenda is to protect the status quo.
ParticipantI can’t really let this one pass either, can I?
[quote=sdrealtor]Dr B.
Just to counter your counterpoint, you proved my point. Here is what you said “my wife and I had a bunch of buyer’s agents blow smoke up our posteriors, including a member of my wife’s family who is a 20 year RE veteran. We couldn’t trust any of them, so I represented us through our first six months of serious shopping. There were some agents who didn’t want to have anything to do with me. Their loss. Others were cool with it and worked with me.”The most important part was the last sentence but let translate. “Others were cool with it and wasted their time with me”.[/quote]
Bad translation, unless you understood that we actually worked with any of the clueless/untrustworthy buyers’ agents we talked to; I can see how you would get that impression from what I wrote. We didn’t. Some listing agents refused to talk to me because I wasn’t an agent.
You’d have to be drooling stupid to not work directly with people like us, however rare we may be, unless your real agenda is to protect the status quo.
ParticipantI was going to refrain from adding yet more to this thread, but I can’t let this pass on Piggington of all places (emphasis added):
[quote=bearishgurl]What I’m saying here is that a serious buyer, at no cost to them, can get expert guidance from a professional RE agent specializing in their area of choice.[/quote]
Does anyone really believe there’s no cost to the buyer? I know the rather short history of “buyers’ agents”, and I’ve heard all the arguments from the RE industry. I’m the opposite of convinced.
It’s obvious that buyers pay most of the real estate industry’s monopoly rents because sellers, as a rule, factor commissions into their selling price. If you want proof, go ask your sellers if they would take less in a FSBO deal that had no commissions.
The worst part is that because commissions are part of the “purchase price”, they get rolled into the mortgage (yay, I get to pay double or more for my “no cost” services) and inflate the valuation for property taxes (hooray, I get to pay for my “no cost” services in perpetuity!).
There, I feel better.
ParticipantI was going to refrain from adding yet more to this thread, but I can’t let this pass on Piggington of all places (emphasis added):
[quote=bearishgurl]What I’m saying here is that a serious buyer, at no cost to them, can get expert guidance from a professional RE agent specializing in their area of choice.[/quote]
Does anyone really believe there’s no cost to the buyer? I know the rather short history of “buyers’ agents”, and I’ve heard all the arguments from the RE industry. I’m the opposite of convinced.
It’s obvious that buyers pay most of the real estate industry’s monopoly rents because sellers, as a rule, factor commissions into their selling price. If you want proof, go ask your sellers if they would take less in a FSBO deal that had no commissions.
The worst part is that because commissions are part of the “purchase price”, they get rolled into the mortgage (yay, I get to pay double or more for my “no cost” services) and inflate the valuation for property taxes (hooray, I get to pay for my “no cost” services in perpetuity!).
There, I feel better.
ParticipantI was going to refrain from adding yet more to this thread, but I can’t let this pass on Piggington of all places (emphasis added):
[quote=bearishgurl]What I’m saying here is that a serious buyer, at no cost to them, can get expert guidance from a professional RE agent specializing in their area of choice.[/quote]
Does anyone really believe there’s no cost to the buyer? I know the rather short history of “buyers’ agents”, and I’ve heard all the arguments from the RE industry. I’m the opposite of convinced.
It’s obvious that buyers pay most of the real estate industry’s monopoly rents because sellers, as a rule, factor commissions into their selling price. If you want proof, go ask your sellers if they would take less in a FSBO deal that had no commissions.
The worst part is that because commissions are part of the “purchase price”, they get rolled into the mortgage (yay, I get to pay double or more for my “no cost” services) and inflate the valuation for property taxes (hooray, I get to pay for my “no cost” services in perpetuity!).
There, I feel better.
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