Characteristics of a Great Real Estate Agent:

[jvolstad]

Bug eyed lady Realtor is full of it.

[001looker]

There is no point in getting a real estate agent. Do for sale by owner and you get to keep more money.

[dapinelli]

When you have an industry where 97% or 98% make decent money and the rest either fail or make $30K, there is something wrong.

[dapinelli]

1. Realtors do not "sell" homes, as they don't own the inventory (the home) which they're selling. This is myth #1.

2. If a home was priced at say $500K in 2002 (just before the boom) and then in 2007 was now priced at $800K, why do Realtors feel that they need to charge a commission based upon the price of the home. There was no more effort to sell the home when it was $500K, so why the same commission rate when it is now $300K higher?

The R.E. industry is both anti-consumer and anti-Realtor

[tntfortunes]

Horrible logic. try selling the home yourself and see how you fare. Brokers take a % of the sale, the commission gives them incentive to try to sell your home as high as they can within limitations of the property. So if your property was worth 800k and your broker manages to get you a deal for 850k. You've essentially gotten 50k more not taking into consideration broker fees. @5% fee sold at 800k = 40k, 5% @ 850k = 42.5k. Not bad for extra fee of 2.5k for your 50k in extra profit.

[jvolstad]

@tntfortunes Most Realtards would rather sell a property for less in order to get a quick sale.

[chocohoe]

@dapinelli because its harder to sell the same house which is now more expensive. the higher the price the harder to get a person that will buy it.

[dpylyp]

Actually had a Buyer Client book an interview with a two page pretyped questionnaire.... First time I have ever seen that in 2o years of selling.

If you have anyone for Toronto Canada keep me in mind.

David Pylyp

Living in Toronto

[jvolstad]

Oh please.....

[worldwidewendy]

Very interesting.