BladeVenom
Lifer
- Jun 2, 2005
- 13,540
- 16
- 0
Real estate agents are one of the worst professions I think.
These days it seems most people do all their own research online. All they do is let people into the house and fill out a couple hours of paperwork. For that they expect tens of thousands of dollars? When the average person couldn't search the MLS it made sense as you'd need someone to place the ad and then someone to find the right house for the buyer. There is nothing an agent does these days that you could replace with a real estate lawyer for under a grand and paying someone $50 a showing to let them in. (They'd just need to have keys, no real estate knowledge.)
Travel agents are in the same boat on a much much smaller scale. The great majority of the time all they do is get in the way. At least their cut seems a more sane level.
Of course there are still some situations where these people are useful, but it seems the exception rather than the rule.
I've had some bad luck with Realtors as a seller, but when buying, I like the anonymity when negotiating.
Just bought the adjoining property, they had listed it with a local Realtor before I even knew they were thinking of selling (They were here at Christmas & didn't mention it).
We were not close at all, but I believe I would have had a harder time low-balling them face-to-face than with through the Realtor vs haggling (via Realtor)with complete strangers.
Do you think that is a $20k service? I bet your lawyer would be happy to send in an offer on your behalf at a straight hourly rate.
Some professionals owe their sole existence to laws that create artificial barriers to entry.
Some professionals owe their sole existence to laws that create artificial barriers to entry.
Pharmacy is definitely one example. You can buy so much more over the counter in other countries IE Mexico.
$20K?
I didn't buy the White House!
Got 2 acres w/ ~1K sq. ft., 2 BR, 1-1/2 bath Brick & attached garage for $65K.
@ 4%, Realtor gets $2600.00 (from the seller), asking price was $79,900.
... 200,000 is a reasonable price for a home everywhere but the butt-end of no where.
Dentists -- stem cell research should eliminate these overpaid bastards
Plumber-- they make way too much money
Electricians-- same as plumbers over payed
Teachers -- most of them don't do anything
$20K?
I didn't buy the White House!
Got 2 acres w/ ~1K sq. ft., 2 BR, 1-1/2 bath Brick & attached garage for $65K.
@ 4%, Realtor gets $2600.00 (from the seller), asking price was $79,900.
$20K?
I didn't buy the White House!
Got 2 acres w/ ~1K sq. ft., 2 BR, 1-1/2 bath Brick & attached garage for $65K.
@ 4%, Realtor gets $2600.00 (from the seller), asking price was $79,900.
LoL that's some cheap-ass real estate. Around here a home that doesn't require a lot of work starts about $300k. Also 4% is low. 5-6% is the normal range around here. $2600 is totally reasonable.
who cares what you think we will let the market decide which jobs are needes
Forum moderators :awe:
Some professionals owe their sole existence to laws that create artificial barriers to entry.
Pharmacy is definitely one example. You can buy so much more over the counter in other countries IE Mexico.
I've had some bad luck with Realtors as a seller, but when buying, I like the anonymity when negotiating.
Just bought the adjoining property, they had listed it with a local Realtor before I even knew they were thinking of selling (They were here at Christmas & didn't mention it).
We were not close at all, but I believe I would have had a harder time low-balling them face-to-face than with through the Realtor vs haggling (via Realtor)with complete strangers.