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ParticipantLike scaredycat, I started exploring what an agent can do for me.
Last week I interviewed a young realtor and came away with one concern which made me doubt his fiduciary responsibility to me as his client.
He said his commission is 3% of listing, and the seller’s agent also gets 3% of listing, and their payment is already included in the Listing Price. Is this usual?
Also, because his payment is already figured into the LP, wouldn’t he be reluctant to submit my lowball offer? If accepted, he would get less than if I paid asking …or is it in his best interest just to get the sale even if that means he gets less money?
this is his first experience with a down cycle, and he said the majority of his time would be spent actively searching listings in real time… I guess Redfin can only get me so far?
Any comments would be appreciated.
Portlock
ParticipantLike scaredycat, I started exploring what an agent can do for me.
Last week I interviewed a young realtor and came away with one concern which made me doubt his fiduciary responsibility to me as his client.
He said his commission is 3% of listing, and the seller’s agent also gets 3% of listing, and their payment is already included in the Listing Price. Is this usual?
Also, because his payment is already figured into the LP, wouldn’t he be reluctant to submit my lowball offer? If accepted, he would get less than if I paid asking …or is it in his best interest just to get the sale even if that means he gets less money?
this is his first experience with a down cycle, and he said the majority of his time would be spent actively searching listings in real time… I guess Redfin can only get me so far?
Any comments would be appreciated.
Portlock
ParticipantLike scaredycat, I started exploring what an agent can do for me.
Last week I interviewed a young realtor and came away with one concern which made me doubt his fiduciary responsibility to me as his client.
He said his commission is 3% of listing, and the seller’s agent also gets 3% of listing, and their payment is already included in the Listing Price. Is this usual?
Also, because his payment is already figured into the LP, wouldn’t he be reluctant to submit my lowball offer? If accepted, he would get less than if I paid asking …or is it in his best interest just to get the sale even if that means he gets less money?
this is his first experience with a down cycle, and he said the majority of his time would be spent actively searching listings in real time… I guess Redfin can only get me so far?
Any comments would be appreciated.
Portlock
ParticipantLike scaredycat, I started exploring what an agent can do for me.
Last week I interviewed a young realtor and came away with one concern which made me doubt his fiduciary responsibility to me as his client.
He said his commission is 3% of listing, and the seller’s agent also gets 3% of listing, and their payment is already included in the Listing Price. Is this usual?
Also, because his payment is already figured into the LP, wouldn’t he be reluctant to submit my lowball offer? If accepted, he would get less than if I paid asking …or is it in his best interest just to get the sale even if that means he gets less money?
this is his first experience with a down cycle, and he said the majority of his time would be spent actively searching listings in real time… I guess Redfin can only get me so far?
Any comments would be appreciated.
November 1, 2008 at 9:27 AM in reply to: Off Topic: Obama’s Aunt here illegally lol. Also latest on O’s fake Birth Cert #296054Portlock
Participantjfqueiquuette, I think your exact words were that McCain ‘will have Obama crying before this is over’.
Sounds like you’re the one crying, boo hoo 🙁 Go fix hypocrisy somewhere else.
November 1, 2008 at 9:27 AM in reply to: Off Topic: Obama’s Aunt here illegally lol. Also latest on O’s fake Birth Cert #296393Portlock
Participantjfqueiquuette, I think your exact words were that McCain ‘will have Obama crying before this is over’.
Sounds like you’re the one crying, boo hoo 🙁 Go fix hypocrisy somewhere else.
November 1, 2008 at 9:27 AM in reply to: Off Topic: Obama’s Aunt here illegally lol. Also latest on O’s fake Birth Cert #296414Portlock
Participantjfqueiquuette, I think your exact words were that McCain ‘will have Obama crying before this is over’.
Sounds like you’re the one crying, boo hoo 🙁 Go fix hypocrisy somewhere else.
November 1, 2008 at 9:27 AM in reply to: Off Topic: Obama’s Aunt here illegally lol. Also latest on O’s fake Birth Cert #296425Portlock
Participantjfqueiquuette, I think your exact words were that McCain ‘will have Obama crying before this is over’.
Sounds like you’re the one crying, boo hoo 🙁 Go fix hypocrisy somewhere else.
November 1, 2008 at 9:27 AM in reply to: Off Topic: Obama’s Aunt here illegally lol. Also latest on O’s fake Birth Cert #296467Portlock
Participantjfqueiquuette, I think your exact words were that McCain ‘will have Obama crying before this is over’.
Sounds like you’re the one crying, boo hoo 🙁 Go fix hypocrisy somewhere else.
October 23, 2008 at 12:44 PM in reply to: Off Topic “When fascism comes to America it will be wrapped in the flag and carrying a cross.” #291690Portlock
ParticipantI ate a can of beans last night and let me tell you my wind was indeed righteous…
Seriously though, what’s wrong with being Muslim? Besides, fcukquitte, I thought you were sticking with the “Obama isn’t a US citizen” argument?.
October 23, 2008 at 12:44 PM in reply to: Off Topic “When fascism comes to America it will be wrapped in the flag and carrying a cross.” #292010Portlock
ParticipantI ate a can of beans last night and let me tell you my wind was indeed righteous…
Seriously though, what’s wrong with being Muslim? Besides, fcukquitte, I thought you were sticking with the “Obama isn’t a US citizen” argument?.
October 23, 2008 at 12:44 PM in reply to: Off Topic “When fascism comes to America it will be wrapped in the flag and carrying a cross.” #292042Portlock
ParticipantI ate a can of beans last night and let me tell you my wind was indeed righteous…
Seriously though, what’s wrong with being Muslim? Besides, fcukquitte, I thought you were sticking with the “Obama isn’t a US citizen” argument?.
October 23, 2008 at 12:44 PM in reply to: Off Topic “When fascism comes to America it will be wrapped in the flag and carrying a cross.” #292048Portlock
ParticipantI ate a can of beans last night and let me tell you my wind was indeed righteous…
Seriously though, what’s wrong with being Muslim? Besides, fcukquitte, I thought you were sticking with the “Obama isn’t a US citizen” argument?.
October 23, 2008 at 12:44 PM in reply to: Off Topic “When fascism comes to America it will be wrapped in the flag and carrying a cross.” #292086Portlock
ParticipantI ate a can of beans last night and let me tell you my wind was indeed righteous…
Seriously though, what’s wrong with being Muslim? Besides, fcukquitte, I thought you were sticking with the “Obama isn’t a US citizen” argument?.
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