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Old 05-10-2014, 04:45 PM   #10
Dan02
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Join Date: Jun 2004
Location: Calgary
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Quote:
Originally Posted by #-3 View Post
I've only hire 2 realtors, but my from what I have seen in a hot market like Calgary,

When selling they help but they do not earn their money. I think on my last house if I am vary generous about the amount of time, the sellers agent made about $400/hour. And he gave me a $2000 discount on his services. Even with all their excusses of fees, advertising, customer acquisition cost...... Lawyers after 8 years of schooling charge about 1/2 with all of their overhead and expenses included. High specialized trades people with 4 years of schooling make 1/4 of that. Something is out of whack with that structure, for guys with 6 months of education.

When I purchased houses, I felt like it was closer to $100/hour. Which still seems high but not crazy, but I did not find them particularly helpful. The only real advantage they provided was the MLS listing about a day in advance of them hitting the internet.
Spoken as someone who has never run their own business i take it?
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