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Raybyrnes
ParticipantSeems like you are contradicting yourself. The contract is stating right upfront that they have charges. Doesn’t seem to be hidden in any fine print here because it jumped off the page and you questioned him on it. You didn’t feel this was reasonable and negotiated this out. Sounds like you are doing smart business.
I still don’t see anything in your statement about their capability of selling your home. I thought they had a guarantee to sell or they would buy it from you. Still seems like you are focused on a negotiable fee.
If I were a home seller right now I would be offering an extra 1 or 2 % to get a home sold especially if I was firm on my askig price. The bottom line is I am either going to come in lower by 5% than comparable homes on the market or I am going to generate traffic by incentivizing the agents to sell my home.
Standard is a relative term. Standard lighting use to be the sun, then was a candle and today is a lightbulb. I would reccommend being flexible and open minded. If you don’t think their system is going to work then I would take a pass.
You didn’t know this repfrom a hole in the wall. You don;’t know the realators who post on this sight but you ahve a ton of dialog from their posts. Why wouldn’t you call on them if you want something “tandard” Most people start the hiring with a referral.
Participantdjrobsd
I can see that if you have a problem with a fee, letting the representative know but sounds to me like there is a confidence problem here.
This guy is a sales representative. His job is to close sales not to gather up informaiton. Yo0u should have done that on your own in a pre sales process. Talking to people that have used the service. Checking the BBB. What is he suppose to say when you want to look material over, OK I’ll check back in with you. Your comment was a complete cop out. I’d fire that guy if he that was his approach. Youer reluctance to sign was the fee structure. How stating “I do not like the fee structure and feel that it is not an industry practice. This give me concern about using your services.”
You mentioned in your previous post that they guarantee a sale. What was the disclaimer on that. Isn’t that the real reason you were meeting with the rep.
According to every poster on this site this is a bad market to sell in. A buyer is going to need real convincing. How would you feel if you selected an agent who each time he took a good prospect to your home left thte sale on the table becasue he wsa shy or time to ask for the deal. This does not suggest they should be rude and if this gentleman was than that is uncalled for but if he is a little pushy than that is not a bad sign but probably a good one. If it was an interview process it would be precisely what would have me go with a rep as oppose to not going with one.
Sounds to me like you have that type of personality that whenever you walk off the car lot you are still looking to make sure you weren’t taken rather than enjoying the ride.
Instead of focusing on the $600 fee I would be focusing on the more important issue of selling my home for top dollar. If you don’t think that they can sell your home I would be reluctant to sign a contract. This would hold true for a discounter the same as a full service person. If on the other hand you are electing not to do business because a sales rep is doing his job of probing to find out the reason for resistance than I think you need to prioritize your decision making criteria.
Participantdjrobsd
I can see that if you have a problem with a fee, letting the representative know but sounds to me like there is a confidence problem here.
This guy is a sales representative. His job is to close sales not to gather up informaiton. Yo0u should have done that on your own in a pre sales process. Talking to people that have used the service. Checking the BBB. What is he suppose to say when you want to look material over, OK I’ll check back in with you. Your comment was a complete cop out. I’d fire that guy if he that was his approach. Youer reluctance to sign was the fee structure. How stating “I do not like the fee structure and feel that it is not an industry practice. This give me concern about using your services.”
You mentioned in your previous post that they guarantee a sale. What was the disclaimer on that. Isn’t that the real reason you were meeting with the rep.
According to every poster on this site this is a bad market to sell in. A buyer is going to need real convincing. How would you feel if you selected an agent who each time he took a good prospect to your home left thte sale on the table becasue he wsa shy or time to ask for the deal. This does not suggest they should be rude and if this gentleman was than that is uncalled for but if he is a little pushy than that is not a bad sign but probably a good one. If it was an interview process it would be precisely what would have me go with a rep as oppose to not going with one.
Sounds to me like you have that type of personality that whenever you walk off the car lot you are still looking to make sure you weren’t taken rather than enjoying the ride.
Instead of focusing on the $600 fee I would be focusing on the more important issue of selling my home for top dollar. If you don’t think that they can sell your home I would be reluctant to sign a contract. This would hold true for a discounter the same as a full service person. If on the other hand you are electing not to do business because a sales rep is doing his job of probing to find out the reason for resistance than I think you need to prioritize your decision making criteria.
ParticipantHere is something for those who are Crafty
10186 Presley ($480,000)
San Diego, California 92126Type: Home Bedrooms: 4
Stories: 1 Bathrooms: 2
Square Feet: 1558 Lot Size: 7700
Age of Home: 11-15 Fireplaces: Yes
Near School: Yes Near Transit: YesContact Information:
Premier Real Estate Solutions
http://www.SanDiego-HomeSales.comParticipantHere is something for those who are Crafty
10186 Presley ($480,000)
San Diego, California 92126Type: Home Bedrooms: 4
Stories: 1 Bathrooms: 2
Square Feet: 1558 Lot Size: 7700
Age of Home: 11-15 Fireplaces: Yes
Near School: Yes Near Transit: YesContact Information:
Premier Real Estate Solutions
http://www.SanDiego-HomeSales.comParticipantI think all of this is political and that wiht an election year coming up and the Republicans trying to hold on to power you are going to see the Fed accomodate. Therefore they are going to help prop up the markets. The platform is going to sidestep the issue of the war by asking American “are you better off now than you were 8 years ago?”
Greenspan Put
ParticipantI think all of this is political and that wiht an election year coming up and the Republicans trying to hold on to power you are going to see the Fed accomodate. Therefore they are going to help prop up the markets. The platform is going to sidestep the issue of the war by asking American “are you better off now than you were 8 years ago?”
Greenspan Put
Participantgandalf
That’s interesting. The people I know are on the institutional sales side. I think it is going to be a tough year for them but there fortunes have been made ina short period of time.
Would like you opinion. Credit cards, car financing, and lots of other industries are collateralizing their debt. Why have we heard little of no rumblings about these offerings. I would thing they have even higher risk thatn MBS?
Participantgandalf
That’s interesting. The people I know are on the institutional sales side. I think it is going to be a tough year for them but there fortunes have been made ina short period of time.
Would like you opinion. Credit cards, car financing, and lots of other industries are collateralizing their debt. Why have we heard little of no rumblings about these offerings. I would thing they have even higher risk thatn MBS?
ParticipantGandalf,
Seems that the last 10 years would have been a tidal wave of MBS being sold. I could not imagine a better place to be. Why not make the jump to Credit Suisse when they merged? I believe the Managind Director at the time was Gordon Murray. Pretty nice guy. I believe he left and the new MD is Eric Smith.
ParticipantGandalf,
Seems that the last 10 years would have been a tidal wave of MBS being sold. I could not imagine a better place to be. Why not make the jump to Credit Suisse when they merged? I believe the Managind Director at the time was Gordon Murray. Pretty nice guy. I believe he left and the new MD is Eric Smith.
ParticipantAre Selling Agents the Solution
For every argument there seems to be a counter-argument. There is a very interesting chapter in Freakonomics that discusses why Real Estate agents will sell your home as quickly as possible yet hold out for top dollar when selling their own. The primary reason is that there is little economic advantage for them to do so. Getting an extra 100K on a million dollar home gets them 3000 of potential commission but prolongs the 30000 K they can be paid today for moving the house.
Would it not seem then, that it will be realators who will begin to form a consensus that the time to sell is now and the price to move is low? It whould be these opinions that will ultimately persuade borrowers to drop prices. Would they not then act as a catalyst for price reductions.
With this said, would it not be in a home buyers interest to identify a realator who recognizes this situation so that they can act as an advocate for your offer.
ParticipantAre Selling Agents the Solution
For every argument there seems to be a counter-argument. There is a very interesting chapter in Freakonomics that discusses why Real Estate agents will sell your home as quickly as possible yet hold out for top dollar when selling their own. The primary reason is that there is little economic advantage for them to do so. Getting an extra 100K on a million dollar home gets them 3000 of potential commission but prolongs the 30000 K they can be paid today for moving the house.
Would it not seem then, that it will be realators who will begin to form a consensus that the time to sell is now and the price to move is low? It whould be these opinions that will ultimately persuade borrowers to drop prices. Would they not then act as a catalyst for price reductions.
With this said, would it not be in a home buyers interest to identify a realator who recognizes this situation so that they can act as an advocate for your offer.
ParticipantFor foreign position I have been utilizing etf’sw EFA, BOLDERS ADRE and Dodge and Cox DODFX. I dollar cost average into DODGE and set up the fund directly iwht them to avoid transactional costs. Are there other good funds that have low auto correlation from the US Markets.
I guess the next thing would be gold, timber, etc.
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