The Truth About Real Estate Agents

VoodooVsays...

or speaking on a broader scale, lack of incentive. no incentive, no motivation.

and also, where is the controversy here? They clearly showed their data and gave an explanation for it. so no controversy.

siftbotsays...

Promoting this video back to the front page; last published Wednesday, July 2nd, 2014 7:35pm PDT - promote requested by RedSky.

Sarzysays...

You're looking at the wrong number. $10,000 is not chicken feed (and if that's the number you were referring to, then kudos to you).

Paybacksaid:

Wow, real estate agents don't want to waste their time for chicken feed.

Fucking bastards.

kevingrrsays...

If your real estate agent is simply telling you, "That's a great offer... probably the best you'll get." They are not doing their job.

Good agents should be giving giving you detailed sales comparables in the area and updating you on inventory and asking prices. It is their job to educate you and your job to make an informed decision.

Keep in mind that many "agents" are also not career real estate people. They pick up a license, sell or list a handful of properties per year, and generally muck things up. They also don't often do repeat business with a client...

That isn't to say that incentives in real estate in general are not broken. They are. I work in commercial real estate. I have had clients for 10+ years that have never paid me directly while they pay their lawyers hundreds of thousands of dollars. Very strange.

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