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To: Road Walker who wrote (168159)7/13/2002 11:42:53 PM
From: Jim McMannis  Read Replies (2) of 186894
 
RE:"re: All brokers don't charge 6-7%. Plenty of discount brokers. You can even go FSBO.
Rare."

Not any more. Full service Brokers will often cut deals and some will even list you in MLS for $500 but you have to show it and pay a commission if a broker brings you a buyer.
Usually 3% or less.

So you can sell a house with a market order in 10 seconds, like a stock?...

You'd be surprised. Hot listings can and often aren't on the market more than a few days.
Sure not like stocks.....but stocks haven't done too well lately.

RE:"Across 90% of the country, the real estate market is appreciating at about 5% a year. +/- 2% of normal appreciation. You happen to live in a market that has experienced extraordinary appreciation, for a number of good reasons."

You are way out of touch. There has been a big jump nationwide across the country. Sure some exceptions but it's become more the rule. For instance Chicago has had a huge jump in the last couple of years.
Your area too...just call a Broker and ask for a CMA. They will be over so fast you won't believe it. And you will be shocked at what your house is worth.

RE:"Why are you so opposed to folks making money on real estate?

Not opposed to it like that. Bubbles just scare me. It also leaves a whole generation behind. This usually results in a major readjustment.
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