[JJGittes]

Oh so when there is a lawsuit, you will remain on the same “team” as your client? Hmm, I wonder what the plaintiff will have to say about your credibility when that becomes apparant. As I am sure you are aware, in serious situations there are also often cross claims against realtors by their own clients. Do you remain on the team of somebody who is suing you? And on the contrary, do you remain on the team of a client who misled you as to the condition of a house and put you in the middle of a lawsuit? I wonder what your carrier and managing broker would have to say about that.

I am sure you have been happy to “help clients in any way you could.” The readers of this board can decide whether that powerful statement justifies the $40k that goes to agents at the end of an average sfr north county transaction.

The bottom line for me is that agents have utility, but that utility has not doubled in value along with the price appreciation in SD in the last 7 years. The RE industry is not immune to the democratizing effects of the internet. Changes are coming to the antiquated and perverse (buyer’s agent paid by seller?)commission structure of real estate sales. Its long overdue.

[JJGittes]

Oh so when there is a lawsuit, you will remain on the same “team” as your client? Hmm, I wonder what the plaintiff will have to say about your credibility when that becomes apparant. As I am sure you are aware, in serious situations there are also often cross claims against realtors by their own clients. Do you remain on the team of somebody who is suing you? And on the contrary, do you remain on the team of a client who misled you as to the condition of a house and put you in the middle of a lawsuit? I wonder what your carrier and managing broker would have to say about that.

I am sure you have been happy to “help clients in any way you could.” The readers of this board can decide whether that powerful statement justifies the $40k that goes to agents at the end of an average sfr north county transaction.

The bottom line for me is that agents have utility, but that utility has not doubled in value along with the price appreciation in SD in the last 7 years. The RE industry is not immune to the democratizing effects of the internet. Changes are coming to the antiquated and perverse (buyer’s agent paid by seller?)commission structure of real estate sales. Its long overdue.

[JJGittes]

Leni Riefenstahl reincarnated, for the left this time.

And by the way, while he was in Cuba, did he take the opportunity to ask Fidel why there hasn’t been an election on the island in 50 years, and how come mothers will risk their and their children’s lives to float on tubes 90 miles across shark infested waters to get out of that worker’s paradise? Funny how Chevy Chase, and a bunch of the other hollywood left forgot to ask that too.

I guess the excellent “free” health care just doesn’t quite tip the scales in favor of not risking being ripped to shreds by a 10 footer.

[JJGittes]

Leni Riefenstahl reincarnated, for the left this time.

And by the way, while he was in Cuba, did he take the opportunity to ask Fidel why there hasn’t been an election on the island in 50 years, and how come mothers will risk their and their children’s lives to float on tubes 90 miles across shark infested waters to get out of that worker’s paradise? Funny how Chevy Chase, and a bunch of the other hollywood left forgot to ask that too.

I guess the excellent “free” health care just doesn’t quite tip the scales in favor of not risking being ripped to shreds by a 10 footer.

[JJGittes]

Bay Park movers did a good no nonsense job for me in the past.

[JJGittes]

Bay Park movers did a good no nonsense job for me in the past.

[JJGittes]

Wow, if that house is too close to the lines, that X’s out about 2/3 of “new encinitas.” They don’t look close by any stretch to me.

However, I wouldn’t call this house superior, just a solid typical house for the area. Thats why I picked it out.

[JJGittes]

Wow, if that house is too close to the lines, that X’s out about 2/3 of “new encinitas.” They don’t look close by any stretch to me.

However, I wouldn’t call this house superior, just a solid typical house for the area. Thats why I picked it out.

[JJGittes]

There’s a bet on the ncc RE market!

[JJGittes]

There’s a bet on the ncc RE market!

[JJGittes]

Acutually, this is a pretty good house to extrapolate from for the area. Although I may be unaware of a major remodel.

Realtors who know the area, what do you think?

[JJGittes]

Acutually, this is a pretty good house to extrapolate from for the area. Although I may be unaware of a major remodel.

Realtors who know the area, what do you think?

[JJGittes]

sdrealtor,

For 5-6% commission, sellers should be flat out indemnified by their agent’s insurance. However, they are not. Repeat, sellers are not covered or protected by the agency’s insurance. Also, no agent (actually, correct DRE term “salesperson” or “broker”), or his insurance company, will throw themselves on the sword for a client. The minute a lawsuit is filed, the ‘relationship’ will be over. What’s more, in an effort to show knowledge, the broker will be subpeoned for a depo by the buyer’s lawyer regarding what his client told him about the condition of the house. Who will he be looking out for first?

Again people, get a clue, agents/brokers are SALESPERSONS, they are not your lawyer and will not give you cover in a lawsuit. Their insurance will not protect you, and if things get at all ugly, they will instantly be your adversary.

Be smart, as a seller disclose all that should be disclosed, document everything, be skeptical of all you are told by everybody, ask lots of questions and play by the rules. Do this, and 99.9% of the time all will be fine, broker involved or not.

[JJGittes]

sdrealtor,

For 5-6% commission, sellers should be flat out indemnified by their agent’s insurance. However, they are not. Repeat, sellers are not covered or protected by the agency’s insurance. Also, no agent (actually, correct DRE term “salesperson” or “broker”), or his insurance company, will throw themselves on the sword for a client. The minute a lawsuit is filed, the ‘relationship’ will be over. What’s more, in an effort to show knowledge, the broker will be subpeoned for a depo by the buyer’s lawyer regarding what his client told him about the condition of the house. Who will he be looking out for first?

Again people, get a clue, agents/brokers are SALESPERSONS, they are not your lawyer and will not give you cover in a lawsuit. Their insurance will not protect you, and if things get at all ugly, they will instantly be your adversary.

Be smart, as a seller disclose all that should be disclosed, document everything, be skeptical of all you are told by everybody, ask lots of questions and play by the rules. Do this, and 99.9% of the time all will be fine, broker involved or not.

[JJGittes]

I don’t understand gary broker’s point. How would ‘representation’ by a realtor have prevented that lawsuit? And if you think your realtor will jump in the middle and save you in that circumstance, you are dreaming. While there is some utility to having somebody between you and the seller, ultimately it is the homeowner that is on the hook for the disclosures. In fact, once the lawsuits start to fly, your realtor and you will certainly no longer be on the same team. And last time I checked, there is no ‘realtor-client’ privilege in the law.

If you want actual ‘representation’, hire a lawyer.

Gary’s story is a nonsequiter.

[Author]

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