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Thread: Realestate agents still have ego's.

  1. #1
    Sportin' Wood
    Now I know I'm gonna get 600 PM's for posting this but I just have to ask a few questions of those of you still selling real estate now that it requires some skill. Yes I'm saying that I don't believe selling real estate required any skill the last couple years.( no I'm not trying to be funny with that remark)
    Disclaimer:
    Unless you are a southwest riverside county land specialist, have a deep pocket land grabbing investor suger daddy, or want to buy an historic horse ranch please don't send me a billion PM's trying to get my listing.
    Is it rude of me to ask you questions about your sales records, listings, advertising budget, how long you have been selling and so forth?
    Do you hate it when the seller is proactive and educates himself about the sale of his largest investment, the economy, interest rates, and capital gains tax law changes? ( grammer and spelling are too boring to hold my attention)
    Do you prefer that your seller follow you blindly like a lemming off a cliff?
    What is the rule of thumb percentage wise that a seller should consider in price reduction vs. asking price compared to comission reduction. If I'm asked to reduce my price 10% should you not share in said reduction when a price reduction factors little on your bottom line at full 6% value?
    Just did a phone interview of a so called local hot shot and boy did I piss him off. man he got offended when I asked for references and a few other questions. He told me he did not want the listing after all because I was asking too much and he's too busy to take another listing unless its a quick sell price.
    I said Too busy? Too much? I had the property appraised last week and thats what they appraised it at. He told me it was worth $300,000 less. Of course this was after he refused to answer any of my questions, wanted only to come see my property, and made this amount up site unseen. ( he's got a suger daddy thats looking for a distress sale I bet)
    I don't really care if you were salesman of the month, year, or what ever 4 years ago, What have you done lately? I'm gonna pay my entire yearly salary from 2002 in commision, is it too much to ask that you treat me like you at least want to pretend you earn that?
    This commision system is a complete joke.
    I'm gonna piss of a lot of real estate agents in the next couple weeks I guess? If I'm gonna pay 6% Your gonna have to work for it. Other wise I'll stay put, tap the equity and go on a shopping spree like the rest of the country. DCB here I come!

  2. #2
    76ANTHONY
    hey, i have respect for em, i saw the real estate test when i wanted to take it and it aint easy to pass....but i see your point...

  3. #3
    Ziggy
    IMHO, I don't think its any different than interviewing a prospective employee....because that is exactly what they are supposed to be. You have every right to employ the best candidate.

  4. #4
    DCBDaytona
    Everytime I post something regarding this topic WWIII begins...Finally it's not me.
    My pessimistic views appear to be correct. Some agents recognize now, but it's going to become slim pickings soon enough. Kind of like a "Survival of the Fitest" RE world.

  5. #5
    HM
    hey, i have respect for em, i saw the real estate test when i wanted to take it and it aint easy to pass....but i see your point...
    Bullshit. I skipped the Real Estate Sales exam and went straight for the Broker exam...passed it the first time. The test does NOT test you on content...it tests you on your ability to read a f'd up question that uses improper english designed to make you correct the question - and therefore answer wrong.
    I agree with SW - the majority of real estate agents are MORONS! Yep, no skill to sell in the last 8 years or so. Most tell you that you have to drop the price to sell in a slow market. That is the LAST thing I would do. Without getting into the creative financing that I do, I have a couple strategies that would have real estate agents pounding on your door the day the listing hits - and listing agents don't like it.
    It is NOT rude to ask any questions about their track record, experience, what color undies, and etc. O.k. maybe one of those was innapropriate. I only have a few years in financial services and I have no problem telling people I am a nube - doesn't seem to bother any of my clients, and they know I am honest right from the beginning.
    If they get at all emotional or tell you that they are the blah blah of real estate...tell them to pound sand. I love it when they try to make you feel guilty or blow up when you question them. Fock them....they should be KISSING your ass right now - telling you anything and everything you want to know, they should be willing to explore different strategies. Telling you to just lower your price is the first sign they don't know what the fock they are doing.
    Just my 2 cents.

  6. #6
    Sportin' Wood
    hey, i have respect for em, i saw the real estate test when i wanted to take it and it aint easy to pass....but i see your point...
    I have not seen it, but tests are not too hard when you study. There are a ton of contractors that bought a study guide took a test, got a license and totally suck. Lic, means sh!t to me.
    ( That should piss off all the RE agents on here )
    edit; Just dawned on me that I passed a couple spelling tests, and funny.... I can't spell for sh!t!

  7. #7
    Troy McClure
    On the bright side, at least he didn't try to buy your listing and tell you he'd get whatever you want for it.

  8. #8
    DCBDaytona
    I have not seen it, but tests are not too hard when you study. There are a ton of contractors that bought a study guide took a test, got a license and totally suck. Lic, means sh!t to me.
    ( That should piss off all the RE agents on here )
    It definately doesn't take a rocket scientist to pass the RE exams...More like a Used Car Salesman. They always seem to do okay. :devil:

  9. #9
    Ivan Dan
    You are right about a lot of agents. There are the ones that have been selling for a year or two that were basically taking advantage of the booming real estate market and thats it. They won't be around much longer anyways though so no need to worry too much about them.
    There are however, others of us out here that do work hard and go out of the way to help our clients get the most possible for their homes even in a down market.
    I would love to help you with selling your home but I would also be the first to tell you that I'm definitely not your local agent. That doesn't mean I won't work hard and do everything possible to get the property sold for as much as possible including advertising in local magazines, newspapers and websites.

  10. #10
    rrrr
    If I'm gonna pay 6% Your gonna have to work for it. Other wise I'll stay put, tap the equity and go on a shopping spree like the rest of the country. DCB here I come!
    LMAO, can we come visit you this summer? I like hanging out with big ballers.......

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