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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (855005)	5/7/2015 1:38:53 PM
From: bentway	Respond to of 1575598

<<OTOH, 6% of a very expensive property is a lot of dough. I think we'll rapidly see that drop to 3%. It never made sense to me that the listing agent gets paid half because they honestly don't do shit in most cases. I think the Internet based services will kill the 6% commission once and for all.>> The Real Estate industry is frantically trying to hold off the future and keep their jobs, even though they're being proved unneeded by services such as Zillow. Zillow.com ( Or Realtor.com ) makes it easy to locate all the comparables in your neighborhood, and set a reasonable price. You can learn about staging by reading about it on the internet. There are listing services that get you listed for a fee, then, you'll BE on Realtor.com. The only thing a Realtor adds is showing the property, which is kind of a hassle, but hardly worth 3 or 6% of the selling price. Realtors might be valuable if it's the first house you've bought or sold, and part of that value is showing you how not worth it they are! Realtor is the profession for those who can't do OR teach!

To: i-node who wrote (855005)	5/7/2015 2:16:09 PM
From: Tenchusatsu	Read Replies (3) \| Respond to of 1575598

Inode, OTOH, 6% of a very expensive property is a lot of dough. I think we'll rapidly see that drop to 3%. It never made sense to me that the listing agent gets paid half because they honestly don't do shit in most cases. I think the Internet based services will kill the 6% commission once and for all. I don't think the commission is 6% in all cases here in the Bay Area. Remember the "sit on the couch" agent that was showing the open house across the street from me? I'm guessing that was one of the "discount agents" who works for 3%. The agents who get 6% are the really exceptional ones. I've seen a few. Such as one who was selling a 1,100 ft2 home in Palo Alto for $1.5M. This is the kind of agent that can convince a buyer that living a mile away from Mark Zuckerberg is worth it. Tenchusatsu

To: i-node who wrote (855005)	5/7/2015 2:54:11 PM
From: PKRBKR	1 Recommendation Recommended By i-node Respond to of 1575598

OTOH, 6% of a very expensive property is a lot of dough. I think we'll rapidly see that drop to 3%. It never made sense to me that the listing agent gets paid half because they honestly don't do shit in most cases. I think the Internet based services will kill the 6% commission once and for all. Commissions are negotiable and they dropped precipitously AB (After Barak.) They are now getting back closer to 6% in the Bay Area. I thought the internet would have made a huge dent too and AB was the perfect opportunity. The additional regs AB have so complicated the process with documentation that most untrained transactors wouldn't have a clue how to close the deal.