With respect to that 80/20 comment on realtors, wiht with all due respect to the realtors here, I've noticed a trend for people to get their realtor license as a get rich quick thing. Maybe it seems easy, but there sure are a lot of bad realtors who just seemed to get into the act as it seemed like an easy thing to do.
The selling agent for our place was a prime case of that. Had no idea a condo of 3 people still needed a reserve fund. Mispriced the place so bad (30% more) that when 200 people came through on an open house weekend, not one offer was given (this was at the peak of the market 1.5 years ago). Unilaterally cut the commision the buying agent would get - I'm told under normal circumstances a buying agent might not even bring a client to a place if they did that. Dealing with her was a nightmare - it was clearly her 1st sale. She did stage it well... must have watched some house flipping shows...
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