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njtosd
Participant[quote=bearishgurl] I’ve prepared court forms and papers for a LOT of “pro pers” and charged them “piecework” fees but I can’t legally advise them, I can’t spoon-feed them, I can’t represent them and I can’t hold their hand. [/quote]
Bearishgurl – just curious, and I apologize if you’ve explained this before, but are you an attorney?
Participant[quote=sdrealtor]… The infamous Irvine Family amassed much of thier land holding by sending out thugs to beat and/or kill landowners. Admittedly it is an extreme example but that is the way things used to be done for those who wish a return to the past.
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[/quote]Joining together our discussion of NJ and thuggery, I have another anecdote. Recently, I was looking at comp sales near our home. Almost all seemed pretty reasonable, except one that seemed to have sold for a very low price (approx. $300,000 less than expected). From what I could see, the owner was a single woman. It appears (from newspaper articles that I was able to find) that the purchaser had significant ties to the mob. My guess is that the owner was put under some duress to sell low, or to receive a portion of the purchase price under the table.
I don’t see how the present system would do anything to discourage or encourage such results. It does make me want to stick with the buyer that we have, though. Never know who’s going to come through the door next. . .
Participant[quote=sdrealtor]… The infamous Irvine Family amassed much of thier land holding by sending out thugs to beat and/or kill landowners. Admittedly it is an extreme example but that is the way things used to be done for those who wish a return to the past.
…
[/quote]Joining together our discussion of NJ and thuggery, I have another anecdote. Recently, I was looking at comp sales near our home. Almost all seemed pretty reasonable, except one that seemed to have sold for a very low price (approx. $300,000 less than expected). From what I could see, the owner was a single woman. It appears (from newspaper articles that I was able to find) that the purchaser had significant ties to the mob. My guess is that the owner was put under some duress to sell low, or to receive a portion of the purchase price under the table.
I don’t see how the present system would do anything to discourage or encourage such results. It does make me want to stick with the buyer that we have, though. Never know who’s going to come through the door next. . .
Participant[quote=sdrealtor]… The infamous Irvine Family amassed much of thier land holding by sending out thugs to beat and/or kill landowners. Admittedly it is an extreme example but that is the way things used to be done for those who wish a return to the past.
…
[/quote]Joining together our discussion of NJ and thuggery, I have another anecdote. Recently, I was looking at comp sales near our home. Almost all seemed pretty reasonable, except one that seemed to have sold for a very low price (approx. $300,000 less than expected). From what I could see, the owner was a single woman. It appears (from newspaper articles that I was able to find) that the purchaser had significant ties to the mob. My guess is that the owner was put under some duress to sell low, or to receive a portion of the purchase price under the table.
I don’t see how the present system would do anything to discourage or encourage such results. It does make me want to stick with the buyer that we have, though. Never know who’s going to come through the door next. . .
Participant[quote=sdrealtor]… The infamous Irvine Family amassed much of thier land holding by sending out thugs to beat and/or kill landowners. Admittedly it is an extreme example but that is the way things used to be done for those who wish a return to the past.
…
[/quote]Joining together our discussion of NJ and thuggery, I have another anecdote. Recently, I was looking at comp sales near our home. Almost all seemed pretty reasonable, except one that seemed to have sold for a very low price (approx. $300,000 less than expected). From what I could see, the owner was a single woman. It appears (from newspaper articles that I was able to find) that the purchaser had significant ties to the mob. My guess is that the owner was put under some duress to sell low, or to receive a portion of the purchase price under the table.
I don’t see how the present system would do anything to discourage or encourage such results. It does make me want to stick with the buyer that we have, though. Never know who’s going to come through the door next. . .
Participant[quote=sdrealtor]… The infamous Irvine Family amassed much of thier land holding by sending out thugs to beat and/or kill landowners. Admittedly it is an extreme example but that is the way things used to be done for those who wish a return to the past.
…
[/quote]Joining together our discussion of NJ and thuggery, I have another anecdote. Recently, I was looking at comp sales near our home. Almost all seemed pretty reasonable, except one that seemed to have sold for a very low price (approx. $300,000 less than expected). From what I could see, the owner was a single woman. It appears (from newspaper articles that I was able to find) that the purchaser had significant ties to the mob. My guess is that the owner was put under some duress to sell low, or to receive a portion of the purchase price under the table.
I don’t see how the present system would do anything to discourage or encourage such results. It does make me want to stick with the buyer that we have, though. Never know who’s going to come through the door next. . .
Participant[quote=sdrealtor] It wont work because most people dont actually buy from the agents they work with. They would spend alot of money for nothing.[/quote]
You make my point for me. An hourly arrangement would be more likely to eliminate economic waste. Ideally, we would prefer people to do most of their investigation on their own, and pay agents/attorneys only for the hours absolutely necessary. In the present system, there is a lot of “fat” in some transactions, which is not good for the economy as a whole.
For example, the buyer who we are under contract with has seen many many homes and has driven his agent crazy. If that same buyer could have been persuaded to have thought things out (or looked online, or whatever) ahead of time, their agent could have spent her time with someone else, potentially resulting in one or more additional sales.
Participant[quote=sdrealtor] It wont work because most people dont actually buy from the agents they work with. They would spend alot of money for nothing.[/quote]
You make my point for me. An hourly arrangement would be more likely to eliminate economic waste. Ideally, we would prefer people to do most of their investigation on their own, and pay agents/attorneys only for the hours absolutely necessary. In the present system, there is a lot of “fat” in some transactions, which is not good for the economy as a whole.
For example, the buyer who we are under contract with has seen many many homes and has driven his agent crazy. If that same buyer could have been persuaded to have thought things out (or looked online, or whatever) ahead of time, their agent could have spent her time with someone else, potentially resulting in one or more additional sales.
Participant[quote=sdrealtor] It wont work because most people dont actually buy from the agents they work with. They would spend alot of money for nothing.[/quote]
You make my point for me. An hourly arrangement would be more likely to eliminate economic waste. Ideally, we would prefer people to do most of their investigation on their own, and pay agents/attorneys only for the hours absolutely necessary. In the present system, there is a lot of “fat” in some transactions, which is not good for the economy as a whole.
For example, the buyer who we are under contract with has seen many many homes and has driven his agent crazy. If that same buyer could have been persuaded to have thought things out (or looked online, or whatever) ahead of time, their agent could have spent her time with someone else, potentially resulting in one or more additional sales.
Participant[quote=sdrealtor] It wont work because most people dont actually buy from the agents they work with. They would spend alot of money for nothing.[/quote]
You make my point for me. An hourly arrangement would be more likely to eliminate economic waste. Ideally, we would prefer people to do most of their investigation on their own, and pay agents/attorneys only for the hours absolutely necessary. In the present system, there is a lot of “fat” in some transactions, which is not good for the economy as a whole.
For example, the buyer who we are under contract with has seen many many homes and has driven his agent crazy. If that same buyer could have been persuaded to have thought things out (or looked online, or whatever) ahead of time, their agent could have spent her time with someone else, potentially resulting in one or more additional sales.
Participant[quote=sdrealtor] It wont work because most people dont actually buy from the agents they work with. They would spend alot of money for nothing.[/quote]
You make my point for me. An hourly arrangement would be more likely to eliminate economic waste. Ideally, we would prefer people to do most of their investigation on their own, and pay agents/attorneys only for the hours absolutely necessary. In the present system, there is a lot of “fat” in some transactions, which is not good for the economy as a whole.
For example, the buyer who we are under contract with has seen many many homes and has driven his agent crazy. If that same buyer could have been persuaded to have thought things out (or looked online, or whatever) ahead of time, their agent could have spent her time with someone else, potentially resulting in one or more additional sales.
Participant[quote=sdrealtor] The Irvine Companies of the world would continue the thuggery they employed to steal land from long time owners. If anyone offered to pay me for my work on an hourly basis, I would jump at the opportunity as I beleive my income could easily double for the work I put in if paid on an hourly basis. Of course, anyone who paid on an hourly basis would quickly realize what a raw deal it was in comparison and ask to go back to the old system.
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Also flat fee services have been widely available for years with HelpUsell, assit2sell etc. Theya re easy to find also. Just pop by a local strip shopping center and look for the remains of their now closed business because the business model doesnt work.
[/quote]
Why do you think that the reduced price models don’t work? And I’m definitely not following you on the thuggery issue. Hourly fees work for lawyers, doctors and accountants. And most lawyers offer to work on a contingency fee (commission) basis if the ultimate award would justify it. On the other hand, I generally associate commissions with the saleswomen at clothing stores.
Finally, what do you think a fair hourly fee would be for an agent of average experience? Referring back to the other thread, would the hourly system work because clients might get an idea of the experience/inexperience of an agent from the hourly fee that that person is able to charge?
Participant[quote=sdrealtor] The Irvine Companies of the world would continue the thuggery they employed to steal land from long time owners. If anyone offered to pay me for my work on an hourly basis, I would jump at the opportunity as I beleive my income could easily double for the work I put in if paid on an hourly basis. Of course, anyone who paid on an hourly basis would quickly realize what a raw deal it was in comparison and ask to go back to the old system.
…
Also flat fee services have been widely available for years with HelpUsell, assit2sell etc. Theya re easy to find also. Just pop by a local strip shopping center and look for the remains of their now closed business because the business model doesnt work.
[/quote]
Why do you think that the reduced price models don’t work? And I’m definitely not following you on the thuggery issue. Hourly fees work for lawyers, doctors and accountants. And most lawyers offer to work on a contingency fee (commission) basis if the ultimate award would justify it. On the other hand, I generally associate commissions with the saleswomen at clothing stores.
Finally, what do you think a fair hourly fee would be for an agent of average experience? Referring back to the other thread, would the hourly system work because clients might get an idea of the experience/inexperience of an agent from the hourly fee that that person is able to charge?
Participant[quote=sdrealtor] The Irvine Companies of the world would continue the thuggery they employed to steal land from long time owners. If anyone offered to pay me for my work on an hourly basis, I would jump at the opportunity as I beleive my income could easily double for the work I put in if paid on an hourly basis. Of course, anyone who paid on an hourly basis would quickly realize what a raw deal it was in comparison and ask to go back to the old system.
…
Also flat fee services have been widely available for years with HelpUsell, assit2sell etc. Theya re easy to find also. Just pop by a local strip shopping center and look for the remains of their now closed business because the business model doesnt work.
[/quote]
Why do you think that the reduced price models don’t work? And I’m definitely not following you on the thuggery issue. Hourly fees work for lawyers, doctors and accountants. And most lawyers offer to work on a contingency fee (commission) basis if the ultimate award would justify it. On the other hand, I generally associate commissions with the saleswomen at clothing stores.
Finally, what do you think a fair hourly fee would be for an agent of average experience? Referring back to the other thread, would the hourly system work because clients might get an idea of the experience/inexperience of an agent from the hourly fee that that person is able to charge?
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