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Of course the buyer pays a commission. It is in the price of the home. When you buy a car, who pays the commission? We don't physically write out a check to the salesman that sells us the card, but he gets paid never the less.
Well I am glad that you are happy living in an apartment or small house for the rest of your life.......as for me and mine we enjoy working hard and being able to experience the pride of home ownership and seeing the benefit of building equity and using that equity to then expand.........There are many wonderful things to experience in life ....and one of them is HOME OWNERSHIP and the joy of earning the right to move from a one bedroom home to a 2 bedroom home and so on.......I too lived in apartments for many years and can tell you the day I bought my first house changed my life for the better! No obsession here just joy!
There should be a minimum number of posts required before you make snarky posts agains the regulars. I really think you don't get a feel for who the folks are and a comprehensive view of our personalities and perspectives until you've been around a while.
I am sure with time it is noticable that there is a wide range of backgrounds and perspectives. Everyone has cranky days or sore-spot issues or simply areas that they have posted on the same question on dozens of threads.
Uh - I actually think I do know how hard agents work. I know exactly what goes into the job. Moreover, I know what *should* go into the job, but usually doesn't because there are a lot of things that are not legally required.
I'm glad you like your job Thea. However, Zillow is popular because it is a place to discuss issues, ask questions and get real answers. The buyers/sellers who come on here want concrete information and perspective. And as an experienced agent, I can tell you most buyers/sellers don't care or even want to know how much goes into the job, how undervalued you think you are, etc, etc. They want to know what the bottom line and results are for them. Yeah it might suck, but they are the customer. It can be all about you when you get your hair done, go out to lunch, or go somewhere where you are in the position of being waited on.
Feedback, whether pleasant to take or not, helps us grow and become better agents if we notice trends and adjust appropriately. Even if negative, it is a gift on how to be a better agent.
"Most of you folks have NO idea how hard we agents really work ........you don't see what goes on behind the scenes and the effort we put in to fight for our clients rights"
I agree. Most who do not work in the business have no idea how easy it really is. We work when we want , with whomever we choose and for as little or as much as we want to earn. More often than we are willing to admit, luck plays a huge role.
The beauty of this particular site is that many of the things that have taken place "behind the scenes" are being exposed. Our reputations further deteriorate when we come on here and tout our importance or try to convince skeptics of the "value" we bring to the buying and selling process.
Why do we never see agents write about the easy high profit sale they just made? Things like this happen all the time and we keep them "behind the scenes". Or how about "the takeaway" tactic that agents use to motivate a hesitant buyer? Why is it that no agent here ever tells how when we first get started and we're muddling our way through understanding a settlement statement, we are told time and time again that the most important line on the HUD-1 is the commission? This is probably the one line that is never in dispute at the settlement table since any error is addressed immediately. Behind the scenes? I don't think most agents want this can of worms opened.
... and, it's free and anonymous
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True or False: "The seller pays the commissions."
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Tommy Lorden, "Commission Rebater"
Real Estate Agent
Contributions: 19
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True, commissions are generally deducted from the seller's proceeds at closing. However, tell me there is a seller out there that doesn't factor this in when deciding what price to sell their property for...and there are no commissions without a paying buyer.
So, who cares? If you're a buyer, you should. While it's difficult for a buyer to impact the commission the listing agent will get, a buyer can impact the amount of commission that the person representing them ultimately receives. Commission rebates are one such way. Visit my website to learn more about them: http://www.ColoradoCommissionRebate.com
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