chief_keef_stan
lil' haitian nikka
damn as soon googled her nameDamn that sucks for them....Back to bottle girl/stripping they go I suppose
folks can be relators like that? Lol
Are realtors done? No more 6% commision
- Thread starter djthegreat88
- Start date
folks can be relators like that? Lol
She has a septum ring. Checks out.damn as soon googled her name
folks can be relators like that? Lol
the cac mamba
Veteran
because realtors dont fukkin do anything
anyone can take 20 pictures of their house, throw it on redfin, and hold an open house. anyone can find a house to buy on redfin, and go to that open house, and agree on a price with the seller
so sure, we throw realtors a few percent because they make the process easier. of course they bring some value. but realtors are NOT in the position right now to start charging more for their "services". the internet replaced most of what they were doing
the model doesnt even make any sense. a realtor does the same exact amount of work to sell a 500k house or a million dollar house. so why should they take 30k on the first house, and 60k on the second house?
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UpAndComing
Veteran
because realtors dont fukkin do anything
anyone can take 20 pictures of their house, throw it on redfin, and hold an open house. anyone can find a house to buy on redfin, and go to that open house, and agree on a price with the seller
so sure, we throw realtors a few percent because they make the process easier. of course they bring some value. but realtors are NOT in the position right now to start charging more for their "services". the internet replaced most of what they were doing
the model doesnt even make any sense. a realtor does the same exact amount of work to sell a 500k house or a million dollar house. so why should they take 30k on the first house, and 60k on the second house?
From your perspective, you are seeing the Realtor as 1 person dealing with you as 1 person. When from the Realtor's perspective they are dealing with 30-40 people at a time. Let's play along that Realtors "don't do anything". If all they do is open doors, negotiate with the seller, and take pictures.... imagine doing that 30 to 40 times a week, with 30-40 different clients, in 20-30 different locations... Not easy at all
The burn rate of a Realtor's expenses is crazy with the amount of travel and open houses they have to fulfill to make 1 sale. Marketing material, software fees, Realtor licensing fees, gas mileage, their Broker taking a cut of their profits, etc etc... On top of that, a sale that takes 3 months to close. And this is assuming they only do those 3 things you mentioned (which they obviously don't)
the cac mamba
Veteran
and yet here we are, openly acknowledging that what they bring to the table is worth less than 6%
UpAndComing
Veteran
and yet here we are, openly acknowledging that what they bring to the table is worth less than 6%
That new law in the OP might actually increase their value though lol
the cac mamba
Veteran
no, it will not
it's usually not 30-40 people, but your point is correct. Someone dealing with that many clients in one week would probably be extremely successful and have a whole team under them. The key is forming a connection and a bond, but as a buying agent, you don't have a lot of leverage. There's no real way to make them buy the house with you. But experienced buyers know that you don't always just deal with a selling agent, because while there is that whole client relationship shyt, they are more loyal to the seller. So hard to negotiate that. I have worked both ends of a deal before, not houses, but $$$ and it's easier, but harder for both sides to trust you.
but for one agent, working with lets say 6 people on a given week, or 8, is an insane amount of work. Open houses can take your whole day. And then you follow up with all the leads. You set up showings. And anyone can pull out of the deal up until the final few stages, for whatever reason.
My homie used to point out real estate agents driving, setting up open houses, and he could just see the discouragement in their body language lol
shoulders slumping, taking down the signs.
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I'm sure that happens with some of these top ranked realtors already
The industry did it to themselves. You can’t build a business model on extorting customers then cry when regulators step in and cut off the spigot.
Buyers don’t agents Anyway
ogc163
Superstar
dora_da_destroyer
Master Baker
It’s not worth less because of their work, I believe it needs to come down because of how high housing has gotten, especially in high COL areas. Real Realtors, not 3rd and 4th side hustle realtors, still know more about all the local requirements, inspections, zoning laws, contingencies and legalese than any avg buyer, and there are still a bunch of listings not on shyt like Zillow, so thinking they deserve nothing because you found your own open house to go to really isn’t justification given all the other work they do.and yet here we are, openly acknowledging that what they bring to the table is worth less than 6%
the cac mamba
Veteran
fine, then cap it
which is i think what you're sayingmy parents have a pretty normal 3/4 br, 2500 sq ft house, probably worth about a million because it's in the northeast. the idea that these shytheads should be walking away splitting 60 grand from that sale is laughable
and for the same amount of work that it takes to sell a 300k condo
