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JJGittes
ParticipantWhat are the typical qualifications for a recruit in the Realtor army? And if you are a buyer, how effective is your personal army for you when it only gets paid out of the booty collected by the enemy?
And regarding the dentist analogy, if my dentist got his degree as a result of taking a couple of classes at a community college, and the work he did for me was purely form driven (http://www.winforms.com/) and cost $40k a pop, I would do it myself.
That said, most folks are probably not inclined, or prepared at all to do it for themselves, but they should at least be driving hard bargains with the agents they hire, and should be asking tough questions at every step of the way, considering the large sums forked over (and financed over 30 years w/ interest) for RE services at today’s price levels.
JJGittes
ParticipantWhat are the typical qualifications for a recruit in the Realtor army? And if you are a buyer, how effective is your personal army for you when it only gets paid out of the booty collected by the enemy?
And regarding the dentist analogy, if my dentist got his degree as a result of taking a couple of classes at a community college, and the work he did for me was purely form driven (http://www.winforms.com/) and cost $40k a pop, I would do it myself.
That said, most folks are probably not inclined, or prepared at all to do it for themselves, but they should at least be driving hard bargains with the agents they hire, and should be asking tough questions at every step of the way, considering the large sums forked over (and financed over 30 years w/ interest) for RE services at today’s price levels.
JJGittes
ParticipantYou still have to go through the process and cost to become a broker, and, as I read it, pay $382 to access the mls. You might as well become a Realtor(put little trademark thingy here). Unless you are going to make a business of it, it seems to make more sense to go with Karchin, or housepad.com, for a posting in the mls.
Sd realtor made good points, and is a straight shooter, as usual.
JJGittes
ParticipantYou still have to go through the process and cost to become a broker, and, as I read it, pay $382 to access the mls. You might as well become a Realtor(put little trademark thingy here). Unless you are going to make a business of it, it seems to make more sense to go with Karchin, or housepad.com, for a posting in the mls.
Sd realtor made good points, and is a straight shooter, as usual.
JJGittes
ParticipantWhat, ditch the boomers? Then who would we be able to depend upon to lose yet another war? Oops, sorry, I guess I have to give them the first gulf war, and Grenada…
JJGittes
ParticipantWhat, ditch the boomers? Then who would we be able to depend upon to lose yet another war? Oops, sorry, I guess I have to give them the first gulf war, and Grenada…
JJGittes
Participant$4000 is way high for what you’d pay a lawyer. We are talking a total of half a dozen forms. $1000, $2000 max.
JJGittes
Participant$4000 is way high for what you’d pay a lawyer. We are talking a total of half a dozen forms. $1000, $2000 max.
JJGittes
ParticipantAccess to CAR forms can be a little difficult. (Legalforms.com sells decent alternative forms, but the escrow companies may want the CAR forms.) But if you shop around, a lot of escrow companies will provide the Cal. Purchase Agreement to a seller and buyer that walks in the door ready to go. There are a few other forms, like the disclosure forms that are important too. Things are also a bit easier now though with the Natural Hazard Disclosure that comes through the escrow company.
Also, re: selling, MLS access is the other biggy. But I suppose you can go with a flat fee listing, and put a 1% to buyers agent on it. Just don’t expect much cooperation from the RE community. They don’t like the flat fee listers, and won’t be motivated much by the 1% to bring their buyer-clients (whom they are working in the best interest of, right?) by your house. In any event, you will still get the widest marketing thru the MLS via realtor.com, and the other brokerage sites that pick up the MLS.
Also, don’t forget CRAIGSLIST, I know two people who sold their home in SD thru craigslist to relocating techies from the bay area, who use it extensively, and don’t much like the traditional 5-6% ($40-48k for a typical decent SD house!) vig that goes to RE agents.
JJGittes
ParticipantAccess to CAR forms can be a little difficult. (Legalforms.com sells decent alternative forms, but the escrow companies may want the CAR forms.) But if you shop around, a lot of escrow companies will provide the Cal. Purchase Agreement to a seller and buyer that walks in the door ready to go. There are a few other forms, like the disclosure forms that are important too. Things are also a bit easier now though with the Natural Hazard Disclosure that comes through the escrow company.
Also, re: selling, MLS access is the other biggy. But I suppose you can go with a flat fee listing, and put a 1% to buyers agent on it. Just don’t expect much cooperation from the RE community. They don’t like the flat fee listers, and won’t be motivated much by the 1% to bring their buyer-clients (whom they are working in the best interest of, right?) by your house. In any event, you will still get the widest marketing thru the MLS via realtor.com, and the other brokerage sites that pick up the MLS.
Also, don’t forget CRAIGSLIST, I know two people who sold their home in SD thru craigslist to relocating techies from the bay area, who use it extensively, and don’t much like the traditional 5-6% ($40-48k for a typical decent SD house!) vig that goes to RE agents.
June 23, 2007 at 7:09 PM in reply to: San Diego among 5 cities positioned to bounce back the fastest… #61652JJGittes
ParticipantAnybody ever seen a chart that smooths out gains since, say, 1985? I’d be interested to see where we are considering the declines/flatness of 1991-1996.
June 23, 2007 at 7:09 PM in reply to: San Diego among 5 cities positioned to bounce back the fastest… #61691JJGittes
ParticipantAnybody ever seen a chart that smooths out gains since, say, 1985? I’d be interested to see where we are considering the declines/flatness of 1991-1996.
June 21, 2007 at 10:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #61003JJGittes
ParticipantActually, I wouldn’t be that surprised about weakness in LJ (central) Village area. Lots of posers around there who stretched for 900 sf shacks and townhouses, so they too could be one of the beautiful people.
The oldies up the hill who are prop 13’d in will die in their houses though….probably literally.
Also, I concur about the better areas. In my 92009, 92011 and (northern 92024) stomping grounds, lots of pending signs are popping up on properties that were simply not grossly overpriced.
June 21, 2007 at 10:45 AM in reply to: Now back to our regularly scheduled programming on NOD’s #61040JJGittes
ParticipantActually, I wouldn’t be that surprised about weakness in LJ (central) Village area. Lots of posers around there who stretched for 900 sf shacks and townhouses, so they too could be one of the beautiful people.
The oldies up the hill who are prop 13’d in will die in their houses though….probably literally.
Also, I concur about the better areas. In my 92009, 92011 and (northern 92024) stomping grounds, lots of pending signs are popping up on properties that were simply not grossly overpriced.
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