Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#91
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#92
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Exactly! As house prices climb, a realtor’s responsibilities do not change. The percentage based commission is totally unfair. Looks like the cat has been belled. It’s about time. It will be interesting to see how this all shakes out. Boomer
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Pogo was right. |
#93
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You don't really believe that homes for sale by owner are priced lower than those with an agent. If the market will bring in $424,00 the seller would be a fool to ask $400,000. You gain nothing by buying from an individual owner however the owner gains a lot.
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#94
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Never known an oil company to undercut the world market price to lower their profit margin. |
#95
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Everywhere “ There are those who believe something, and therefore will tolerate nothing; and on the other hand, those who tolerate everything, because they believe nothing.” - Robert Browning |
#96
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From Comment #93
If the market will bring in $424,00 the seller would be a fool to ask $400,000. Agreed. So, a seller should ask market price and be expecting to negotiate down from there. Both sides of the trade are going to tug to capture that commission margin. Compromise and it'll work. You gain nothing by buying from an individual owner however the owner gains a lot. This is not true. With the seller not having to pay one or more agents, there is much more negotiating room. I have experienced this more than once on both buy and sell side. It also means that you know, whichever side you're on, what is being communicated to the other person because you are the one speaking for yourself. From comment #95 The house undercuts the fools that hired realtors... --This is an unfair and inaccurate statement. Almost nothing is equal in real estate transactions including the particulars of the owners or buyers. I like to operate on my own when buying/selling RE but, it is not always possible. In 2017, I bought a house two states away from where I was living and there was no way I could have managed all the details w/o a local buy-side agent. TV has estate liquidation sales where the heirs don't even live in FL - so how are they supposed to do that w/o representation? I could list myriad other circumstance where using an agent, on either side, makes sense. It's nonsensical and inappropriate to disparage other people for operating within their specific needs or circumstances. |
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