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I like my realtor


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2010 Mar 11, 1:05am   12,704 views  56 comments

by burritos   ➕follow (0)   💰tip   ignore  

There's been a lot of bashing of realtors on this board and often justly so. Today, I'm going to give a shout to my realtor. My rentals are in a different state cause I can't afford decent rentals where I live. So basically, she's my eyes and ears on the ground. Many here probably think that's foolish. But I have to say, I'm impressed. So she's done all the preliminary scouting for me. When I see a property I like on redfin. She's on it within 24 hours. It'd not like she's not busy, she did 30 sales last year(selling bank owned properties). She sends me a ton of pictures. She tells me if the place smells like dog. She tells me if the sewer assessments are paid up. She combs through the details of the purchase and sales agreements in more detail then I would ever bother. She tells me when she thinks a property is overpriced even when I'm enthusiastic about a particular property. Now we're waiting on a offer for a short sale which if I get, I'll be ecstatic. That's all.

#housing

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51   justme   2010 Mar 16, 4:26am  

The San Diego fake-runaway-Prius guy was, you guessed it, a realtor.
At least he probably wasn't smug (obscure joke alert).

----

Submitted by FormerOwner on March 12, 2010 - 11:56pm

"We did some public records searches (thanks to the help of Gawker's John Cook) and found Sikes and his wife Patty found themselves, like many in the California real estate business, on the bursting side of the real estate bubble last year. The two declared bankruptcy in June of 2008 and have a combined liability of over $700,000 dollars in debt."

http://jalopnik.com/5491101/did-bankrupt...

Another example of why only a realtor can be trusted to help you make the biggest purchase of your life!

---

52   elliemae   2010 Mar 16, 8:34am  

elliemae says

thomas.wong1986 says


Getting a real estate license in CA is one notch above a barbers.

Full time barber/cosmetology schools take 9 months: http://wiki.answers.com/Q/What_education_and_training_is_required_to_become_a_barber
http://answers.yahoo.com/question/index?qid=20070219095128AAr0JAB
Full time Realtor Courses can take as long as 67 hours.

HeadSet says

True, but not really relevant.

It was relevent to the comment about barbers.

I do realize that a realtor's pay is performance-based. I get it that they only make money when they sell a property. However, they aren't marketing professionals IMHO. They're opportunists. They list a home, then sit waiting for someone to buy it. They also drive people around, help them write offers on pre-printed forms and refer them to lawyers if they need legal advice, inspectors for inspections, and title companies for closing. I've yet to meet a realtor who is worth paying the 6% fee for this service when I can make phone calls myself.

In the case of Burritos, he's satisfied with his purchases and trusts his realtor - but he posted this on a housing crash board that is decidedly anti-realtor. He started by saying, "There’s been a lot of bashing of realtors on this board and often justly so."

53   Honest Abe   2010 Mar 17, 7:26am  

We should all "stick it" to the realtors by taking a weekend class and getting our own realtor license and earning the 6% ourselves ! We all have computers and cell phones, what do we need realtors for ?

Power to the People !

End The Fed.

54   Â¥   2010 Mar 17, 8:08am  

^ I took the first class in the sequence last year at a CC. Reasonably useful, but it's probably more time efficient just taking the classes online.

The salesperson license requirements have been upped since 2006, now you need 3 courses to sit for the test.
The broker's license is 8 courses and if you have a 4-year degree you don't need salesperson experience.

AFAICT just being a salesperson is kinda useless, you still need to work under a broker, which unless you know someone isn't free.

For buying, I would think the best strategy to save the realtor® markup is to contact the owner directly and tell him you will make a binding offer after his current listing agreement expires. Realtors® can only "earn" commissions off of the potential victims they name upon contract termination.

55   simchaland   2010 Mar 17, 12:05pm  

justme says

The San Diego fake-runaway-Prius guy was, you guessed it, a realtor.

At least he probably wasn’t smug (obscure joke alert).

Bwhahahahahahahaahahahahahahaah!!!! Good one!

—-
Submitted by FormerOwner on March 12, 2010 - 11:56pm
“We did some public records searches (thanks to the help of Gawker’s John Cook) and found Sikes and his wife Patty found themselves, like many in the California real estate business, on the bursting side of the real estate bubble last year. The two declared bankruptcy in June of 2008 and have a combined liability of over $700,000 dollars in debt.”
http://jalopnik.com/5491101/did-bankrupt…
Another example of why only a realtor can be trusted to help you make the biggest purchase of your life!
—

56   simchaland   2010 Mar 17, 12:08pm  

elliemae says

elliemae says

thomas.wong1986 says

Getting a real estate license in CA is one notch above a barbers.

Full time barber/cosmetology schools take 9 months: http://wiki.answers.com/Q/What_education_and_training_is_required_to_become_a_barber

http://answers.yahoo.com/question/index?qid=20070219095128AAr0JAB

Full time Realtor Courses can take as long as 67 hours.

HeadSet says

True, but not really relevant.

It was relevent to the comment about barbers.
I do realize that a realtor’s pay is performance-based. I get it that they only make money when they sell a property. However, they aren’t marketing professionals IMHO. They’re opportunists. They list a home, then sit waiting for someone to buy it. They also drive people around, help them write offers on pre-printed forms and refer them to lawyers if they need legal advice, inspectors for inspections, and title companies for closing. I’ve yet to meet a realtor who is worth paying the 6% fee for this service when I can make phone calls myself...

There is another creature on Earth that hunts the same way that RealWhores do... It's called a spider.

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