This would make it hard for licensed professional to compete, huh?
Walton.realforeclose.com
- Thread starter Busta Hustle
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This would make it hard for licensed professional to compete, huh?
Most of us Repubs also passed a civics class and know that selling foreclosures is not the business of the BCC. I am not seeing the commercial endeavor. They have hired a professional firm to assist them with doing a job that I imagine is a bit more overwhelming than it has been in the past. And they appear to be doing it in a way to maximize the returns for everyone involved. More than likely being done quite a bit more efficiently than the government could otherwise perform the task. And I am sure well within applicable Florida statutes.
Not at all. These appear to be the properties which would be auctioned off by the County, and the County does not pay Brokerage fees for any agent bringing a buyer.
It is just a law that in order to practice real estate sales, that a person must be licensed in real estate sales or auctioneering, in order to "protect the public."
Seem like Walton is simply broadening the demand for auctions by also taking bids online. I don't see anything there indicating they are selling properties, it's an online auction service. The county obviously has the right to auction porperty.
yes, the County does have that authority to auction property. The only question is does this company have an auction license? or are they just a marketing firm for the County? As long as they are following the rules, and properly given the authority by the County, I think this could be a useful tool. I'm not suggesting that they are anything other than legitimate.
Well, Walton County contributed to the problem with excessively high tax rates, so I am not surprised they have set up a site such as this. Just hope they are prepaired to run their budgets on 1980's property tax assessments/rates.
No it's not the business of the BCC, but if the Clerk of Courts (who's business it is) is hiring a company to help then I'd like to see the county spend as little as possible or at least bid it. We have tons of Real Estate and Auction companies locally. Why go with a company from South Florida? You seem to speak with county commissioners on a regular basis (http://www.sowal.com/bb/local-government/32824-bed-tax-spike-table-walton-county-florida.html) why not ask them if this is actually associated with the county and why it was not bid out if the county is in fact paying for it?
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If the gov't doesn't regulate it, it is much more difficult to prevent the public from people selling real estate, no different than most other businesses or even your license to drive. It just gives the gov't the ability to pull licenses as punishment for violations. Real estate is still "buyer beware," and just because a licensed agent is selling the property, doesn't mean that they know what the he-double-L they are doing. (obviously, I don't believe the public is "protected" by licensing of anything. It is mostly reactionary protection, rather than active protection.)
Are there any groups or associations for Realtors that have taken a position on the commission rates for real estate transactions? Do you have any impression about when usual or customary Real Estate commissions will come down to 3 to 4 %? There are some at JOE who have knowledge/belief that there is a fundamental shift in motion.