Real Estate Forums

Originally Posted by VegasMack

skeptik,

Everyone that knows me can vouch for the fact that I am easy going and will take a car load of crap from someone without becoming confrontational.

However, after reading your posts I am almost convinced that you are anything but a physician.

As a general rule, Doctors are (a) Highly Educated and (b) Professional.

Doctors may have a hard time writing legibly but can usually read well. You however have NOT even posted to the proper forum with your absurd remarks.

Our Members have graciously pointed out many flaws in your thinking and have attempted to explain part of the process involved in selling a home.

I believe LVH called you correctly in his first post to this thread. This is not the only Real Estate Forum that you have spewed you unintelligent commentary. I believe a Doctor would display far more professionalism than you have shown here.

A Doctor realizes the cost of doing business as much as we do.

I just had open heart surgery last October. I was on the operating table for a little over 8 hours. The cost for my surgery and hospital stay is approaching $500,000.00 and the bills are still coming in. Using your logic; that is roughly $62,500. per hour.

While I don’t have the education of the majority of our practicing physicians I am smart enough to know the Doctor did not launch his career at my operating table and has outgoing expenses just as we do. I am also smart enough to realize the Doctor only receives only a portion of the $500,000.

REALTORS® are some of the hardest working people I know and successful REALTORS® work just as hard if not harder to sharpen their skills and develop their clientele as successful Doctors do. I could go on but we both know you are NOT here to learn.

Now if a simple minded Country Boy like me can figure all of this out by myself, then you are either a fool or a fraud.

Which is it skeptic?

Just my 2¢ worth,

VegasMack

Originally Posted by skeptik

I came in to learn, and expected confrontation.

I learned that despite all the sh*t-flinging only a few have touched on the original dilemma: why a percentage commission instead of a fee-for-serviced based system?

I knew people like you would swell up when I brought this up because I'm screwing with your gravy train by shining light on it. As long as it's considered "the norm" in society, no one will bother it.

Funny how so much criticism was met here (as expected) but when I present non-real estate agents with this argument, they all agree with me whole-heartedly.

Also funny how my sh*t-slinging defense suddenly makes me unprofessional, uneducated, and ignorant. I will continue to push this point of view to the public and hopefully draw more attention to it because of people like you. Believe me, if I can derail your gravy train, I most certainly will. I wouldn't mind paying a professional broker a professional fee for professional services, but this commission door-to-door percentage bullsh*t has got to stop.

And the fact that I am or am not a physician really doesn't change any of these points, now does it. If you need proof for some reason for self-satisfaction, then ask me any question that only a doctor would be able to answer. Since I'm the fool and you're the intelligent one here, you should be able to tell whether I generated the answer from webmd.com.

Originally Posted by skeptik

And the fact that I am or am not a physician really doesn't change any of these points, now does it. If you need proof for some reason for self-satisfaction, then ask me any question that only a doctor would be able to answer. Since I'm the fool and you're the intelligent one here, you should be able to tell whether I generated the answer from webmd.com.

Originally Posted by LVH

I dont like paying a mechanic huge fees to service my Hummer but thats part of owning this type of auto. The reason they charge so much is because of the expert knowledge that they have to service this type of auto.

I would suggest you speak to0 those who have tried to sell their home without a Realtor, find out what their problems were, ask them if they would attempt this again. According to the study NAR did with FSBO's over 80% of those who sold their home as a for sale by owner would never do it again.

Lets also not forget the legal aspects of selling. Even most attorneys do not understand the ramifications or contracting trends associated with a purchase contract. Anyone of these factors could cost you as a seller thousands more.

Originally Posted by skeptik

On the first point (Hummer), I agree, I don't like paying those big fees either. But, how would you react if they handed you a bill that said you owe $4000 that includes a percentage of the total bill for the mechanic that actually had his hands on your motor instead of a labor rate based on what was done and for how long?

The latter two points are agreeable. However, don't just accept a research finding, as I would expect a report done by the NAR to be biased to make FSBO look like a bad idea, just as when a drug rep talks to me about the percentages of their new drug (Ketek, Levaquin, etc) that the drug company they represent funded to make the new expensive drug look good. That may not be the case with the mentioned research, but I'd love to see the actual method (sample size, selection, p value, etc), discussion, and conclusion.

Time to come clean here. First, thank you all for participating in the discussion, both positive and negative commentors. I did this to get a realtor's view on those opinions as I am getting ready to sell my first home and I don't like being a sheep in any situation. I wanted to study all the angles and find out why things are done the way they are done. After all these discussions, I chose a FSBO listing service and will give it a whirl. I may be sorry, but we'll see. So far, it's been on the market 2 weeks and I have two couples very interested, and agents sending me letters saying they want to list my house at about 20% higher than I have it listed for (which I expected to make the 7% sound like a reasonable option). And, no, I'm not a physician (technically). Sorry to get some of your back hair standing on end, but hey, be proud of that reaction. You're just defending your ground... Good luck and Godspeed. )

Originally Posted by skeptik

And, no, I'm not a physician (technically). Sorry to get some of your back hair standing on end, but hey, be proud of that reaction. You're just defending your ground... Good luck and Godspeed. )

Originally Posted by San Diego Real Estate

Just curious does anyone know what percentage of FSBO's end up in court?