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Jun 22, 2014 10:06AM
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Sorry MSN I see a pool as a maintenance headache!
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Typical MSN filler that doesn't provide anything new.
Jun 22, 2014 7:44AM
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Another tired old rerun article by MSN.

 

Laziest writers of all time at MSN,

Jun 22, 2014 6:37AM
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Enough!  These never were secrets and they sure aren't now.  Some, or even most. realtors may be ethical but they live on a commission.  I have purchased two homes in 40 years,  That doesn't make me much of an expert.  Still, passing off the obvious as secrets is well past annoying.


How about doing some work and offering real insight to infrequent buyers like myself?

Jun 22, 2014 4:33AM
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Never trust anyone that wears a suit and tie to make a living.
Jun 22, 2014 1:44AM
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Most realtors are crooks then, beware. Try selling it yourself first. 
Apr 29, 2014 6:51PM
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My last house was custom built and was on a hilltop, with a 15 mile view. I put it up for sale and 2 agents came and said that it was worth about $225,000. I said, you don't know the builder of the market. It will sell for about $270,000 in about 2 weeks. They said we would love to sell it for more, because we are on commision. I put it on the market and it sold for $265,000 in 10 days. Don't assume the realtor knows more about your house or neighboorhood, then you do.
Apr 29, 2014 4:21PM
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Beautiful home for sale in SW Missouri. I will pay your realtor 3% or we'll do the deal without a realtor and you save more. Great condition. 3800 sq ft for only $239,000. 5 bedrooms, 3 full and 2 half-baths. Basement. On 3 city lots. Quiet tree-lined street. www.carthagehome.com.
Apr 29, 2014 2:12PM
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I am a newbie agent, and what I see is totally against the ethics we are governed by to maintain a license.

I find 99% of the agents un-ethical and the other .05% I do not trust. That is why I went and got my license. I practice only on a referral program. As much as you want to degrade agents the other .05% work very hard for their money.

 

I  have worked with the fussiest buyers, sellers etc. Most agents look to the now, "what can I get now". I try to work with customers hoping they will refer me to 10 friends and they will refer me etc.

 

But when I am dealing with a customer who has no vested interest or ethical interest in me why should I work for them and I cut the strings. Most people want what is not out there and if they see one they want they can't afford it. Investors are the best, they do not even want to see the house, they just offer 10% above asking price and pay cash.

 

(Can you hear the tear drops hitting the floor, because Americans have lost this battle as well) 

 

I have people all day long calling me to find them a deal. If they are not loyal to me why the hell should I give them a deal. I will buy the property and re-list it at a great margin.

 

NO DIFFERENT THEAN YOUR STOCK BROKER

 

When you want to bash an industry, be careful carma seems to appear.  

 

Now who wants to BUY/Sell.......

 

 

Apr 29, 2014 8:05AM
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if they  can make you lower your price $100,000.00.... it will only cost them $ 1,500.00 , their share of the split and perhaps even less depending on their actual split with the house they work for....
Apr 29, 2014 7:35AM
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i've built homes for 35 years..they can help sell a home in a good market. like news people, they survive off your misery most of the time...i really can't stand any of them. they are maggots. i've only met one in all these years that was a "professional", and she was a real pain that cost me $30000 on the sale......just watch "modern family", phil dunphy's character is a good example of a realtor ....
Apr 29, 2014 6:49AM
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My real estate agent took me to a home I wanted to see.  It was perfect.  I found it strange he talked it down and all but ushered me out the door.  I bought a different house in another location and later on saw that they widened the road into that first houses yard.  I was new to the area, so I don't know if he wasn't allowed to disclose that information about the road work or what, but I appreciated the fact that he steered me away from it.
Apr 29, 2014 6:37AM
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Two of the last three homes I owned I sold myself without any major problems.  This comes from being a paralegal in NC and having worked in the title insurance industry for many years.  When It came to the third home I was moving across state and could not be bothered with selling it myself so a realtor sold it for me and did an excellent job.  When I purchased my new home in the area I moved too I made the mistake of using a dual agent which is never a good idea in my opinion.  The last home purchased I got basically taken to the cleaners (long story) and it was my fault for not paying attention this realtor was horrible and had I been paying attention and kept proper documentation I would of reported her to the board of realtors  and she would no longer be selling real estate now.  My advice never use a dual agent always find someone to represent you and only you.
Apr 29, 2014 6:03AM
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If my own mother was the agent, I would tell her my maximum offer in a real estate bidding war.  I most assuredly would not tell anyone else.  I once made the mistake of telling my buyer's agent to offer X amount for the purchase of a home, but go no higher than Xx amount.  Of course she chose to skip the lower figure and went directly to the higher one.  

I've seen too many people getting carried away in bidding wars for homes to ever enter into one.  The winner usually drastically overpays.
Apr 29, 2014 4:22AM
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Another caveat - research your realtor.  My elderly parents chose a realtor based on what a nice young girl she seemed to be.  In fact, she had lost her realtor license and was embroiled in a local political scandal.  She convinced them they had to make an expensive unnecessary repair on the house they were selling based on a very questionable inspection.  She told the potential buyers they could move in before closing and provided them access.  Then she refused to make a lower counter offer on the house my parents were buying because "they'd never go for it."  At that point, my siblings and I stepped in and lowered the price $30K.  She and selling realtor suggested an inspector who managed to miss - fireplace didn't work, inoperable faucets, no phone jacks, random outlets didn't work, washing machine flooded - which we didn't discover until my parents closed and we helped them move.  I really have yet to deal with a realtor who isn't either clueless or a crook.
Apr 28, 2014 5:06AM
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In a seller's  market in 2004, my  agent wanted to take the first offer before the first open house.  I said no, the open house came and their was a competition that ended ups $20k over the first offer of $365k.  My decision added to the agents checks.  I only used one because I was being reimbursed for all costs by my company.  You don't need an agent.  Learn what you need to do at any of the 100 websites and you can do it yourself, generally close earlier, learn more about the house and either lower the selling cost or get the commission back yourself after the sell.


For a $300-400K purchase, it's nowhere worth the 5-6% ($15-24k)!!!

Apr 27, 2014 6:30AM
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The article is dated. Jonathan stretches to meet his 10 points. I thought there were 3 valid ideas here. Let the seller beware. In a seller's market. the sellers stand to lose up to 19% of the potential gross by selling it selves. They lose the legal protection of agency representation. They are emotionally attached to negotiations. They have to deal with every looky-loo and expose their home to some very questionable characters. They don't market and advertise. They think they won a great price when they sell it and are dismayed when they see a professional flipper resell it 25% more...using a professional agent.

I thought the reference to agents selling themselves was humorous. Of course that's part of it. Real Estate is a SALES career. And if you enlist the help of a professional, you save the headache, the uncertainty and the challenges of selling your home at the right price, the right time frame and to the right buyer. 

Apr 26, 2014 5:45AM
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If sharing 1/2 of my Commission makes me a Realtor Scumbag so be it." a5050split.com"
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I published a For Sale By Owner Magazine for over 17 years. Every month I would analyze their results.

If buyers were calling but no one was coming in, we’d fix that. If they were coming in but not making an offer, we would fix that. If the seller was too shy to ask for the sale, we fixed that, too. The result was 1 out of 5 buyers would make an offer, often it was simply because they were asked to, buying a home can be just as nerve wracking for buyers.

Apr 25, 2014 10:28AM
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Anyone wanting to buy or sell property needs to know a few things.

(1) A little education goes a long way. It is easier to learn a little about the subject and avoid many of the things discussed in this thread, than to remain uneducated and have someone else make your decisions for you... or should I say, for them?

(2) You are the one who will live with your decisions...not your Realtor.

You need to ''watchyourrear'' so to speak !      (please refer to #1)

(3) Realtors ARE what you make of them, but selecting one is almost always crucial to the outcome of the transaction. ( again, refer to #1)

(4) Remember, all Realtors are TOOLS... but they are all different kinds of tools. Use them at your own risk. (again, refer to #1)

(4) Know what kind of TOOL to select for the job and how to use it ! (repetition is the key to many things...refer to #1)

 

After dealing with real estate for many years I can truthfully say that each of those statements are true, In fact, I can prove they are.

#1 is much easier than than most realize. You have nothing to lose. Do yourself the biggest favor you can. Any questions?

 

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