Real Estate Agent that offers incentives

[DementedReality]

Originally Posted by JustAnotherGuy

Simply put. If the real estate agent would take less commision then I would pay less for the house and the owner would have the same amount of money in their pocket.
...

i dont think this is true actually ...

if my house was worth 500k, I wouldnt take less just because I got a deal on the realtor fee's. woud you? i guess so.

[Clarkey]

Originally Posted by ruddstud

If ANYONE wants to sell their own home and NOT have to pay the LAUGHABLE LISTERS fee, contact me

Who'd you go with. I'll likely be selling in the next half a year.

... oops, I meant this as a private message, I'll leave it here though.

[JustAnotherGuy]

Originally Posted by DementedReality

i dont think this is true actually ...

if my house was worth 500k, I wouldnt take less just because I got a deal on the realtor fee's. woud you? i guess so.

You conveniently cut off part of my post to change what I actually said.

[DementedReality]

Originally Posted by JustAnotherGuy

You conveniently cut off part of my post to change what I actually said.

??? which part is that?

[JustAnotherGuy]

Originally Posted by DementedReality

??? which part is that?

(In this case the owner would put half the money in their pocket and I would pay less by half of the commision)

If there was less commission to pay the owner and the buyer would share the difference 50/50.

[DementedReality]

Originally Posted by JustAnotherGuy

(In this case the owner would put half the money in their pocket and I would pay less by half of the commision)

If there was less commission to pay the owner and the buyer would share the difference 50/50.

you are making an assumption ... if i was selling my $500,000 house with or without an agent, i am still expecting 500,000. what i do with my marketing budget is my business and would not impact how much i sold the house for.

but thats me.

[JustAnotherGuy]

Originally Posted by DementedReality

you are making an assumption ... if i was selling my $500,000 house with or without an agent, i am still expecting 500,000. what i do with my marketing budget is my business and would not impact how much i sold the house for.

but thats me.

I was giving an example of a possible scenerio for when the real estate commission is reduced. What are you doing?

[longsuffering]

Is it ironic that the poster "JustAnotherGuy" is the one who seems to live in a "DementedReality"?

[JustAnotherGuy]

Originally Posted by longsuffering

Is it ironic that the poster "JustAnotherGuy" is the one who seems to live in a "DementedReality"?

That is funny. Honestly it is.

I do know what I am talking about. I have sold a few houses in a my life time. Actually 3 and will have a fourth in a couple years. So that is how I see things. Doesn't matter to me who gets it or doesn't.

Carry on.

[Clarkey]

Originally Posted by ruddstud

It would be great to see how many people who have responded here in this post are real estate agents and who are not.... I can understand if you are pissed that I (we) think that agents are WELL overpaid and are just glorified used car sales people in flashy suits and expensive leased cars.

That being said, if anyone wants the name of 2 people (real estate agents) that have said they would list for $4000 flat sellers rate, contact me!!!!!!!!!!!!!

Heaven forbid that in this slow market some of you agents might have to lease a Ford for the next 6 months until things pick back up!!! lol

Can you hook me up with these agents names?

Thanks

[Svartsengi]

Originally Posted by Clarkey

Can you hook me up with these agents names?

Thanks

I can't hook you up with these agents. I will refer mine if your interested. I doubt he would take a flat rate as he is doing very well. Last fall he sold my wife's old place in 2 days for 98% of list price. He found the house we wanted and bought in 2 days. We take possession in early March. He put our current house on the market yesterday and sold it in 6 hours for 97% list price. I figure being able to actually sell and buy for what you want quickly is an incentive.

[Clarkey]

Originally Posted by Svartsengi

I can't hook you up with these agents. I will refer mine if your interested. I doubt he would take a flat rate as he is doing very well. Last fall he sold my wife's old place in 2 days for 98% of list price. He found the house we wanted and bought in 2 days. We take possession in early March. He put our current house on the market yesterday and sold it in 6 hours for 97% list price. I figure being able to actually sell and buy for what you want quickly is an incentive.

What did the agent do to sell your property so fast? I'm thinking your sale price was quite competitive which the agent can't take much credit for considering you get to choose your list price.

[Svartsengi]

Originally Posted by Clarkey

What did the agent do to sell your property so fast? I'm thinking your sale price was quite competitive which the agent can't take much credit for considering you get to choose your list price.

He was able to sell our property fast because he is good at his job. Not trying to make a flippant remark just he knows how to sell. Sale price is ours to set but he did alot of research and provided us with alot of good information. The real estate market in Calgary is doing well. Its not insane like it was a couple of years ago and places are moving. You have to be more realistic if you want to play the game now. Living in a fantasy world like a few years ago where you could just name an inflated price and somebody would pay it are over. We found alot of vacant homes for sale. The common theme with all of them was the overly optimistic/greedy sale price. Buyers and their realtors will just tell the seller to pound sand if they even look at it.

[ruddstud]

pm me for details. $1000 to sell!

[Svartsengi]

[Mod edit- removed.]

[Sliver]

[Mod edit- also removed]

[ken0042]

Guys- if you want the contact info then PM Ruddstud. If you don't, then close out of the thread.

[DFO]

Here is an interesting concept,

http://calgary.twopercentrealty.ca/

I saw this in an old issue of Canadian Business (I think) at my doctor's office the other day.

[moeman]

It is an interesting concept, but they're trying to dictate what the other realtor makes too. So unless the buying realtor is willing to take a big pay cut to show your home to his/her clients, they won't bother. My wife is a realtor with Re/Max and wouldn't hesitate to deal with 2 pecent if the house was right for her client because she's working for them, not herself, but there are many who wouldn't give it a second glance because of the lower commission so you're severely limiting your exposure.

In the end, you have to decide if it's worth pissing off up to 90% of the realtors in the city or not.

I also wonder if 2 percent only takes 1% commission on their end when they're the buying realtor, or are they more than happy to take full commisision if that's what's offered? I suspect they'd take the full deal.

[1stLand]

I work for Rhino Realty.
It is a discount brokerage.
We recently introduced the 2% program and we have had success in selling homes that are priced right with that program

It is really up to the seller what they would like to offer to the buyers agent in terms of commission.

In our case we (listing agent) will always list for 1% and never try to upsell you our services. We offer our full services regardless, and I know I am personally happy with making only 1% and arrange for showings, conduct open houses etc.

The seller can choose to offer the buyer's agent 1% or up to the standard 3.5%/1.5%.

It is all a matter of choice.

When the average home in Calgary is $400,000, I think there is room for discount brokerages and a market for them.

In Thunder Bay Ontario, where the average price of a home is probably in the low $200,000's perhaps there isnt really a market, as the correlating commission fees wouldnt be as high.