Whats Up With These Realtors

ps what is pui:(

ps what is pui:(

Posting under the influence of lord only knows what!!! 😀

Well Rita, there coming at me like I was one of them chickens runnen around in the yard with the feller say en get him maw. It don't look good I got my drink-en feller refusen to talk to me and Shelly read en my palm

:lolabove:

I have to go to bed. I got a feller who is doing my bathrooms who thinks I've adopted him so yall take care.:floor:

2B---did you really refer to being a Republican and then start another thread on why we should have had a Gay General.? I agree I think you are a chain yanker, and frankly am tired of reading your posts that drift off into redneck slang one minute, and normal the next. What gives?

First and foremost yes I am a republican. Second They say the attention span of a child is but a few minutes but make it fun and he learns all day. Life is serious but never forget that mankind was made to smile as well as cry. Many of the things I am writing about are serious,but for me to be able to somehow make sense of why things are I try to bring humor to me first. I live that covey philosophy from the inside out. There has not been one negative response from me until I am either cursed at or insulted. Once that happens I come off the porch and see just how intelligent of an advisary they really are. All it takes to deal with me is to be polite. If in any way I have offended you I am deeply sorry. But for the most part many who are on these message boards want endorsements not conversation. Take the 6th Gin for instance, he could not wait to correct my spelling and the misuse of the word effect . Rather than being polite and disagreeing he called me (sic) not a problem. I could of said well your right but for almost ten years I was in Europe and I spoke mostly German so there are times when I may misspell something but if you make it personal then I will do like wise. Any one on this message board I want to make it as plain as I can you show me Kindness and I Will do like wise if not then we will get to see just how smart you really think you are. I'm not educated in the sense of having degrees but I have no problem giving as well as taking.I never draw first. An exchange of ideas is what I thought this was all about,but maybe I was WRONG I have no problem learning from others to the contary I love hearing oposition thats how I learn

2B---did you really refer to being a Republican and then start another thread on why we should have had a Gay General.? I agree I think you are a chain yanker, and frankly am tired of reading your posts that drift off into redneck slang one minute, and normal the next. What gives?

Maybe Hillary Clinton is a SOWALer now?:funn:

Maybe Hillary Clinton is a SOWALer now?:funn:

:rofl:

First and foremost yes I am a republican. Second They say the attention span of a child is but a few minutes but make it fun and he learns all day. Life is serious but never forget that mankind was made to smile as well as cry. Many of the things I am writing about are serious,but for me to be able to somehow make sense of why things are I try to bring humor to me first. I live that covey philosophy from the inside out. There has not been one negative response from me until I am either cursed at or insulted. Once that happens I come off the porch and see just how intelligent of an advisary they really are. All it takes to deal with me is to be polite. If in any way I have offended you I am deeply sorry. But for the most part many who are on these message boards want endorsements not conversation. Take the 6th Gin for instance, he could not wait to correct my spelling and the misuse of the word effect . Rather than being polite and disagreeing he called me (sic) not a problem. I could of said well your right but for almost ten years I was in Europe and I spoke mostly German so there are times when I may misspell something but if you make it personal then I will do like wise. Any one on this message board I want to make it as plain as I can you show me Kindness and I Will do like wise if not then we will get to see just how smart you really think you are. I'm not educated in the sense of having degrees but I have no problem giving as well as taking.I never draw first. An exchange of ideas is what I thought this was all about,but maybe I was WRONG I have no problem learning from others to the contary I love hearing oposition thats how I learn

Then why do you attack Realtors if you are just trying to learn. Your threads do not come off as someone trying to educate, but someone trying to pull chains. It seems you have an underlying issue and want to blame others for your problem. You got to clean up your side of the street before you go pointing fingers at an entire industry. I mean no disrespect Fabian but not all agents take the approach you are so upset over. I wish you the best and we all will be thrilled when we enter a "stable" market.

First and foremost yes I am a republican. Second They say the attention span of a child is but a few minutes but make it fun and he learns all day. Life is serious but never forget that mankind was made to smile as well as cry. Many of the things I am writing about are serious,but for me to be able to somehow make sense of why things are I try to bring humor to me first. I live that covey philosophy from the inside out. There has not been one negative response from me until I am either cursed at or insulted. Once that happens I come off the porch and see just how intelligent of an advisary they really are. All it takes to deal with me is to be polite. If in any way I have offended you I am deeply sorry. But for the most part many who are on these message boards want endorsements not conversation. Take the 6th Gin for instance, he could not wait to correct my spelling and the misuse of the word effect . Rather than being polite and disagreeing he called me (sic) not a problem. I could of said well your right but for almost ten years I was in Europe and I spoke mostly German so there are times when I may misspell something but if you make it personal then I will do like wise. Any one on this message board I want to make it as plain as I can you show me Kindness and I Will do like wise if not then we will get to see just how smart you really think you are. I'm not educated in the sense of having degrees but I have no problem giving as well as taking.I never draw first. An exchange of ideas is what I thought this was all about,but maybe I was WRONG I have no problem learning from others to the contary I love hearing oposition thats how I learn

Who are going to vote for? Fred Thompson is my man.

I believe he would do a great job. God I was so disappointed with McCain. He just came all to pieces after bush lied like a little Pinocchio about him.

2B---did you really refer to being a Republican and then start another thread on why we should have had a Gay General.? I agree I think you are a chain yanker, and frankly am tired of reading your posts that drift off into redneck slang one minute, and normal the next. What gives?

I think the answere to that question is now clear in my thread of let the gay fellers in the military. :roll:

Regarding Realtors and the SoWal real estate market in general: if you absolutely don't have to sell, you will likely be very happy you didn't sell in just a few years. There has always been, and always will be, a very strong allure to the SoWal area. Once the PCB new airport opens, there will be easier access from major cities like Chicago, DC, NYC which will increase awareness and appreciation for this area, driving demand back into the market. Supply growth has slowed significantly, although there are still some large condo developments underway.

If you absolutely must sell, you should not depend upon a realtor to tell you where to price your property. The realtor will be torn between market reality, keeping you smiling, and putting a price on it that could generate a commission. Blaming a realtor for your property not selling is ridiculous. It just means that during this given time your property is not priced according to what the market will bring, or you have an average property with nothing that distinguishes it from others in a special way. Your price will have to be compelling OR the property must be very desirable or special to set it apart from the other competitively priced properties.

No, I am not a realtor. I bought my first SoWal property 6 years ago, the second 4 years ago, the 3rd 6 months ago. If I had more money I would be buying today.

If you absolutely must sell, you should not depend upon a realtor to tell you where to price your property. The realtor will be torn between market reality, keeping you smiling, and putting a price on it that could generate a commission.

So if not a professional, who do you recommend to price the property? Also, since most Realtors work off of commission of percentage of selling price, why do you say that the Realtor would be torn between "putting a price on it that could generate a commission?" In my opinion, Realtors would like the commission as much as a real seller would like to sell, and they are not getting paid anything if a property doesn't sell.

So if not a professional, who do you recommend to price the property? Also, since most Realtors work off of commission of percentage of selling price, why do you say that the Realtor would be torn between "putting a price on it that could generate a commission?" In my opinion, Realtors would like the commission as much as a real seller would like to sell, and they are not getting paid anything if a property doesn't sell.

I would be happy to price it ... and buy it.😀

So if not a professional, who do you recommend to price the property? Also, since most Realtors work off of commission of percentage of selling price, why do you say that the Realtor would be torn between "putting a price on it that could generate a commission?" In my opinion, Realtors would like the commission as much as a real seller would like to sell, and they are not getting paid anything if a property doesn't sell.

Realtors make commissions only if the property sells, obviously. Hypothetically, if your property is priced at $500k, and that realtor's cut is 3% (usually negotiate less), then $15k goes to the listing agent/broker. Of that $15k, the agent will get a percentage from his/her broker, typically anywhere from 50--75% of that amount, or $7500--$11250 in this example. BUT, if $500k pricing does not get your property SOLD, then no one gets anything, obviously. However, if the realtor convinces you to lower to $450k, in order to get a deal, YOU are down another $50k, and the realtor's commissions is slightly lowered: 3% = $13.5k, with the agent getting between $6750--$10,125 using the same "cut", which is only $750--$1125 less than the amount they would have received IF your property sold at the higher price. The realtor fee is not dramatically lower, whereas your cut is $50k lower (exclusive of commissions).

Thus, the agent has much more incentive to get ANY deal, rather than have a property sit on the market and not sell due to being priced too high. Nearly every property I have ever sold, the realtor tried to get me to ask a lower price than I chose to list and sell it for. They want a deal to close, period. If that means they pass up a on a bigger commission, so be it. A bird in the hand, so to speak.

Bottom line is the market should tell you where to price your property. Look at similar properties in your area and see the closing prices of recent sales. Analyze where others are pricing similar properties, and IF you really want to get a deal, price it competitively. You will know as much as the "professional" if you do the research and see all similar listings and closing data.

Thus, the agent has much more incentive to get ANY deal, rather than have a property sit on the market and not sell due to being priced too high. Nearly every property I have ever sold, the realtor tried to get me to ask a lower price than I chose to list and sell it for. They want a deal to close, period. If that means they pass up a on a bigger commission, so be it. A bird in the hand, so to speak.

Bottom line is the market should tell you where to price your property. Look at similar properties in your area and see the closing prices of recent sales. Analyze where others are pricing similar properties, and IF you really want to get a deal, price it competitively. You will know as much as the "professional" if you do the research and see all similar listings and closing data.

Yes, the Realtor wants to sell the property he or she lists. Isn't that the plan when a listing is taken? Isn't that also the reason the seller wants to sell? That is what Realtors do. It isn't their job to list properties at prices they don't think will sell. Please do not hire a Realtor if you do not really want to sell your property, because we are not in the business to pass time. Our job is to sell.

It sounds like your answer to my question of who is to price your property is that the seller should price it. That worked a little bit from 2003-2005, but I haven't seen that work since the market slowed.

If I meet with a seller that tells me what to price at, I run. We like to sit them down and show the "Solds" within the last 3 months. The price can be found right there. I do not care about or look at actives (Actives= property currently on market not selling). Once the seller sees this they get a picture of what is really going on....

A lot of sellers are going broke trying to get rich.

Yes, the Realtor wants to sell the property he or she lists. Isn't that the plan when a listing is taken? Isn't that also the reason the seller wants to sell? That is what Realtors do. It isn't their job to list properties at prices they don't think will sell. Please do not hire a Realtor if you do not really want to sell your property, because we are not in the business to pass time. Our job is to sell.

It sounds like your answer to my question of who is to price your property is that the seller should price it. That worked a little bit from 2003-2005, but I haven't seen that work since the market slowed.

well said!:clap_1: :clap_1: :clap_1:

If I meet with a seller that tells me what to price at, I run. We like to sit them down and show the "Solds" within the last 3 months. The price can be found right there. I do not care about or look at actives (Actives= property currently on market not selling). Once the seller sees this they get a picture of what is really going on....

some just dont want to see the real picture and then bounce from realtor to realtor to realtor. You know we can not BIRTH A BUYER!!!

A lot of sellers are going broke trying to get rich.

For sure, some are still wanting to make mucho $$$, i have had several turn down good offers, I am like WTF? IT IS A FAIR OFFER, do you want to sell? or keep paying interest, dues, bills etc. On the mls there should be Active sellers and maybe sellers 😀

I just started a new thread and posted the following, but it seems this thread would also be a place where it might fit:

I just saw a price change for a listed property, which had notes, "VERY MOTIVATED SELLER!! BRING ALL REASONABLE OFFERS!!" I bet you wouldn't think the seller was so motivated if you saw the price change. It increased from $497,500 to $685,000. :shock: That is a 37% increase in price. Motivated seller??? Makes me wonder what that means anymore. When everyone is motivated, no one is motivated. It is really disappointing to see the term, "motivated seller," losing its value. There are truly some motivated sellers. I will let the price, not the wording, "motivated seller," tell me if it the seller is motivated. Does that mean that a buyer can negotiate the price down to $497,500 and feel like they got a huge discount?

Personally, I think the house is a great buy at $500K, but even great buys are not selling like hotcakes right now.
Perhaps there is more to the story, like the property recently receiving a zoning change allowing greater density or something, which might change the value, but on the surface, it just doesn't make sense. If it didn't sell during the last 5 months, priced under $500K, I'm not sure that it will sell now for $685K. A few sellers are realistic in their pricing, but I still question so many of the people who have property listed.

On the mls there should be Active sellers and maybe sellers 😀

I think you should send in that request to the MLS Committee for the CCRs (Change, Corrections & Requests). :floor: The Chairman would love that one, as would the entire Committee. Do it! You can email the request to Geoff at ECAR.

:bang: :bang: :bang: this is a crazy business,I just saw one where the person raised the land $100,000 but had in the mls notes that it is priced to sell....Realtors, please read your agent notes!!! (ok shelly ready for comments 😀 :wub: )

I just started a new thread and posted the following, but it seems this thread would also be a place where it might fit:

I just saw a price change for a listed property, which had notes, "VERY MOTIVATED SELLER!! BRING ALL REASONABLE OFFERS!!" I bet you wouldn't think the seller was so motivated if you saw the price change. It increased from $497,500 to $685,000. :shock: That is a 37% increase in price. Motivated seller??? Makes me wonder what that means anymore. Does that mean that if can negotiate the price down to $497,500 and feel like you got a huge discount?

Personally, I think the house is a great buy at $500K, but even great buys are not selling like hotcakes right now.
Perhaps there is more to the story, like the property recently receiving a zoning change allowing greater density or something, which might change the value, but on the surface, it just doesn't make sense. If it didn't sell during the last 5 months, priced under $500K, I'm not sure that it will sell now for $685K. A few sellers are realistic in their pricing, but I still question so many of the people who have property listed.

I almost forgot to include the last sentence in the notes on the property description for that property above. "Priced to sell." :idontno:

:bang: :bang: :bang: this is a crazy business,I just saw one where the person raised the land $100,000 but had in the mls notes that it is priced to sell....Realtors, please read your agent notes!!! (ok shelly ready for comments 😀 :wub: )

Apparently they're buying the industry rhetoric that RE has hit bottom and is now on its way up.

Get Balloons.....Get Busy.



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