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Realtor Reply. House Buyers Agent is FREE this is why!

By jvolstad   Follow   Mon, 23 Jul 2012, 1:39pm   1,937 views   12 comments
In San Antonio TX 78254   Watch (0)   Share   Quote   Permalink   Like (2)   Dislike  

What I hate about these used house salespeople is how they come across as wanting to help you and their great NAR based ethics.

Please note that I did not use any of the Patrick.net forbidden words

Thank you for watching the video I obviously did not do a good job explaining how a buyers agent gets paid. The seller pays the listing broker the listing broker pays the buyers broker. The buyers agents fiduciary responsibility and loyalty is ONLY with the buyer. The Jones Team has represented many Doctors Lawyers and one Judge over the years. All these highly intelligent people understand the importance of having a Realtor that is an expert represent their best interest in buying a home

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1. country_stroll Follow Befriend 45 comments

   1   10:14am Tue 24 Jul 2012   Share   Quote   Permalink   Like   Dislike   Yes. but what does the seller pay the listing broker with? The BUYER'S money! Let me ask you, where does the seller typically get the money to pay the listing broker? From escrow. Where does the money in escrow come from? From either the buyer's down payment, or the buyer's loan. After all the transaction costs, and prior liens are paid out of escrow, what is left is the seller's profit. If the seller didn't have to pay to listing broker the monopoly price of 6%, then the seller could lower the selling price accordingly. The 6% fees just raise all housing prices by 6%. This higher cost is passed on to the buyer in the form of higher down payment and higher loan amount. So for each $100k increment, at 20% down, the buyer pays an extra $1200 down and an extra $21.55/mo (3.5% 30yr FRM), for this free real estate service! On a $500k house this translates to $6k out of pocket (20% of 30k commission) and $107.75/mo. for the next thirty years (24k amortized over 30yrs)! What a deal!

2. NoSingleOne Follow Befriend 9 comments Anchorage, AK

   2   1:40pm Tue 24 Jul 2012   Share   Quote   Permalink   Like   Dislike   In my experience buyer's agents collude with the seller's agent to hide things from you that may derail the sale, and to pressure you into a purchase when THEY are ready for you to buy, not when YOU are ready.

3. robertoaribas Follow Befriend (23) 56 threads 4,081 comments Scottsdale, AZ robertoaribas's website

   3   11:43pm Tue 24 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   NoSingleOne says In my experience buyer's agents collude with the seller's agent to hide things from you that may derail the sale, and to pressure you into a purchase when THEY are ready for you to buy, not when YOU are ready. really? I have a construction defect attorney as a good personal friend... There is always another home, i would never let a client buy something which I didn't believe in...

4. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

   4   12:36am Wed 25 Jul 2012   Share   Quote   Permalink   Like   Dislike (2)   Protected   robertoaribas says There is always another home, i would never let a client buy something which I didn't believe in... Spoken like a true realtard!

5. swebb Follow Befriend (3) 29 threads 505 comments Denver, CO

   5   12:30pm Wed 25 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   Dunross...seriously. I actually want to hear what you have to say when it's constructive and civil, but comments like these have me hovering over the ignore link. You would be much more effective in getting your point across if you kept it a bit more on even keel.

6. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 182 threads 4,606 comments Premium

   6   3:09pm Wed 25 Jul 2012   Share   Quote   Permalink   Like   Dislike (2)   Protected   The only thing a buyer's agent can help you save money with is pet food, if you want to bother chopping one into bite sized chunks. All these assholes need to be re-classified as four-season open game, available for hunt by licensed terrestrial hunter or helicopter-carried licensed hunter. Dang, this would have been a great segment for Mutual of Omaha's 'Wild Kingdom'.

7. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

   7   8:10am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike (2)   Protected   swebb says Dunross...seriously. I actually want to hear what you have to say when it's constructive and civil, but comments like these have me hovering over the ignore link. You would be much more effective in getting your point across if you kept it a bit more on even keel. No, but seriously. How many times have you heard the exact same thing from a realtard: 'i would never let a client buy something which I didn't believe in...'

8. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

   8   8:32am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike (2)   Protected   And what's even more disturbing is how he uses a thread which is meant to expose the dishonest ethics of these realtards, and still tries to sell you his services, even on this thread. Honestly, I don't think in NAR school they even teach them to listen to their clients. They just keep mumbling: sell, sell, sell and location, location, location.

9. Michael Cooke Follow Befriend 2 threads 66 comments

   9   6:38pm Sun 30 Sep 2012   Share   Quote   Permalink   Like   Dislike   robertoaribas says There is always another home, i would never let a client buy something which I didn't believe in... Are you a Realtor?

10. Michael Cooke Follow Befriend 2 threads 66 comments

    10   6:46pm Sun 30 Sep 2012   Share   Quote   Permalink   Like   Dislike   dunnross says And what's even more disturbing is how he uses a thread which is meant to expose the dishonest ethics of these realtards, and still tries to sell you his services, even on this thread. Honestly, I don't think in NAR school they even teach them to listen to their clients. They just keep mumbling: sell, sell, sell and location, location, location. He said "i would never let a client buy something which I didn't believe in" My Liar Realtor and Bullshitter alarms all just went off at the same time. Is he a Realtor?

11. ELC Follow Befriend (3) 3 threads 658 comments Fort Lauderdale, FL

    11   7:48pm Sun 30 Sep 2012   Share   Quote   Permalink   Like   Dislike   country_stroll says Yes. but what does the seller pay the listing broker with? The BUYER'S money! But when buyers and sellers don't use a Realtor the buyer thinks they should save the 6% since the seller isn't paying a Realtor, and the seller thinks they deserve the 6% since they're doing all the marketing and need the extra money which is why they didn't hire a Realtor in the first place!

12. Raw Follow Befriend 10 threads 694 comments

    12   8:01pm Sun 30 Sep 2012   Share   Quote   Permalink   Like   Dislike   http://finance.yahoo.com/education/real_estate/article/101456/10_Things_Your_Real_Estate_Broker_Wont_Tell_You