patrick.net

farmer2021 says

The illogical and cruel shutdowns are going to make life hell for everyone.

https://finance.yahoo.com/news/lumber-prices-232-could-spiral-090000342.html
Lumber prices are up 232% and ‘could spiral out of control in the next

I would call where they are currently “spiraled out of control,” but to each his own...

mell says

Many realtors are starving in a market with a shortage of homes as their clients never get the bid, and listing agents have fewer and fewer homes to sell. The markup on prices does not make up for that, realtors would much rather have a market with plenty of supply and more homes selling and turning over at lower prices.

The way I see it (at least here in silicon valley) is that real-estate agents are a dime a dozen. Many go into that line of work hoping for a quick fortune. The market for that job sorts itself out. If they wind up only making $40k a year (because there are 5x more agents in the market than needed), then they shouldn't complain ... their skillset isn't any more marketable than a supermarket cashier and they're making the same money.

Just remember that the purpose of an agent hosting an open house on the weekend isn't to show the house; it's to meet new clients.

There are currently more licensed real estate agents than there are houses for sale. More are being drawn into the field every day wanting to make bank for doing nothing.

ForcedTQ says

Lumber prices are up 232% and ‘could spiral out of control in the next

I would call where they are currently “spiraled out of control,”

Misc says

There are currently more licensed real estate agents than there are houses for sale. More are being drawn into the field every day wanting to make bank for doing nothing.

The real estate transaction system is what it is. I am a real estate photographer and I can tell you, Realtors are not a dime a dozen. Every transaction is different regarding personalities and difficulties.

WineHorror1 says

The real estate transaction system is what it is. I am a real estate photographer and I can tell you, Realtors are not a dime a dozen. Every transaction is different regarding personalities and difficulties.

This is true. There's grown ass men that couldn't run a lawn mower if their life depended on it. There are shit head Realtors out there, so not defending the industry as they're overpaid for what they're doing. But if you can't mow the lawn good luck with a real estate transaction on your own between showings and all the other BS.

The real estate lobby is massive. Some were MLS fees, but most of my fees went to the association when I held a license. Let it lapse in September this past year and I'm saving $2k/yr now for something I only used for personal uses. I've got enough connections that I can make it as cheap as holding a license now. Wasn't worth the hassle anymore doing CE every 2 years and the cost.

Personalities are the worst part. Too many hands in the pot. Realtors (against each other), lenders, inspectors, attorneys, municipalities in some locations, etc. Probably by design, but having been there and managing a place, it's not all rainbows and sunshine.

Also, zz, the lady in red is pretty hot.

WineHorror1 says

Realtors are not a dime a dozen.

That's being generous.

A dime per dozens.

(BTW this is not Chicago, it's the SF Bay Area).

B.A.C.A.H. says

WineHorror1 says

Realtors are not a dime a dozen.

That's being generous.

A dime per dozens.

(BTW this is not Chicago, it's the SF Bay Area).

Realtors are sales people. Would you call all salesmen a dime a dozen? If I understand correctly, sales is one of the top 4-5 paid careers...for a reason.

IMO, if you want to be dissatisfied with a real estate transaction, look no further than the government, financial institutions and the NAR.

I think Zillow, or some other type of company, has a real chance to compete with the NAR. Competition in this industry is sorely needed. Also, if America wants to be a great nation again, IMO, we need more people in houses without going broke and relying on that sweet sweet equity for their retirement. Just my 2 cents.

America is bifurcating along social, political and economic lines like never before(?)....not good. Not good at all.

Oh, and probably along health lines now as well with fucking the plandemic and all.

SunnyvaleCA says

mell says

Many realtors are starving in a market with a shortage of homes as their clients never get the bid, and listing agents have fewer and fewer homes to sell. The markup on prices does not make up for that, realtors would much rather have a market with plenty of supply and more homes selling and turning over at lower prices.

The way I see it (at least here in silicon valley) is that real-estate agents are a dime a dozen. Many go into that line of work hoping for a quick fortune. The market for that job sorts itself out. If they wind up only making $40k a year (because there are 5x more agents in the market than needed), then they shouldn't complain ... their skillset isn't any more marketable than a supermarket cashier and they're making the same money.

Just remember that the purpose of an agent hosting an open house on the weekend isn't to show the house; it's to meet new clients.

Agreed - it wasn't meant to be specifically sympathetical towards realtors, just pointing out that a sellers market with low inventory is not good for them.

Radio personalities are overpaid and dime a dozen also. /sarc. My brother in law is a pretty popular radio personality in Seattle. It takes a special type of person to do that job.

Misc says

There are currently more licensed real estate agents than there are houses for sale. More are being drawn into the field every day

WineHorror1 says

Realtors are sales people.

The same thing said two different ways.

I frequently get mailers with realtors saying they have sold real estate worth billion.
e.g. see this lady:
https://www.chawlarealestate.com/
Claiming 1.3B in total sales and many 10s of millions since beginning of this year.

If she is able to keep 1% after expenses, She has already cleared $13M in income.

Farmer,

If you think your story about ®ealtors is the whole picture, then get your license.

Then you will get your own Pocket Listing and be able to make your own purchase of your own listing, paying your commission to your self.

The license is so cheap that you'll come out ahead on the commission.