Realtor questions...

[8mpg]

I already said it's different if you're not selling a house. And if you're not selling...im guessing this is your first house purchase? At least in this market...?

And you're total, unadultered shit when it comes to an understanding of math and resource allocation.

lmao....no one seems to understand you

Are you saying 12% as in a 6% loss when you buy AND sell? So I bought a property and paid 6% extra on the house and now Im selling it and going to lose another 6%? I dont know where the fuck you came up with 9%

[Rick Modena]

Ruffdaddy leaves, the website seems to be rolling along nicely (sans Nay-Nay and Gasser), Ruffdaddy comes back, immediately reminds everyone why he sucks da dong...

[Silverback]

wait, i thought he left for good?

[Jewrrick]

wait, i thought he left for good?

We wish

[Sgt Beavis]

The only reason I hired a realtor to sell my house in Denton is because I was really do busy to do it myself. However, I do think my selling agent has done his job and earned his 2%. He did an open house almost immediately after the first two contracts fell through and we were back under contract within days. He did an appropriate amount of marketing and he has been responsive to all my calls (which have been a lot).

BTW, there is no rule that says you have to give up the 6%. I told my realtor that I'm paying him 2% if the house sells for less than $320K and 3% if it sold for $320K or more. He ended up getting that 2%. You can also put a limit on how much a buying agent gets paid. However that may limit the attention your home gets from buying agents.

As for my selling agent, in Denver. I probably could have done all of this without him as well. He didn't really help us in finding a neighborhood. Miyako and I actually found the house on our own. He did, at least, do his job of making sure everything is squared away. Also, when our previous buyers backed out, he went to the home builder and got them to agree to push out our closing date. That said, it's the easiest $14K he's ever made.

[Ruffdaddy]

I'm selling my house and building one.

Why dont you find some factual information to back up your math, rather than calling me shit. Ill wait.

I've sold 4 houses and bought 3 new houses since 2010. I've got plenty of facts there...as well as many friends buying new houses and getting shafted by realtors.

lmao....no one seems to understand you

Are you saying 12% as in a 6% loss when you buy AND sell? So I bought a property and paid 6% extra on the house and now Im selling it and going to lose another 6%? I dont know where the fuck you came up with 9%

12% is worst case assuming you have a 6% new home buyers agent commission and a 6% sales commission.

In the 9% example, it's because the buyers agent commission on the new home purchase was only 3%. There are plenty of neighborhoods offering 4-6% new home buyers agent commission. The 6% is the combined commission for the home sale (3% to buyers agent, 3% to sellers agent) 3+6 = 9.

I don't expect the bottom feeders here to understand simple math or follow along with word problems.

Ruffdaddy leaves, the website seems to be rolling along nicely (sans Nay-Nay and Gasser), Ruffdaddy comes back, immediately reminds everyone why he sucks da dong...

By rolling along nicely...you mean limping along barely more than Canada? This place is a ghost town.

The only reason I hired a realtor to sell my house in Denton is because I was really do busy to do it myself. However, I do think my selling agent has done his job and earned his 2%. He did an open house almost immediately after the first two contracts fell through and we were back under contract within days. He did an appropriate amount of marketing and he has been responsive to all my calls (which have been a lot).

BTW, there is no rule that says you have to give up the 6%. I told my realtor that I'm paying him 2% if the house sells for less than $320K and 3% if it sold for $320K or more. He ended up getting that 2%. You can also put a limit on how much a buying agent gets paid. However that may limit the attention your home gets from buying agents.

As for my selling agent, in Denver. I probably could have done all of this without him as well. He didn't really help us in finding a neighborhood. Miyako and I actually found the house on our own. He did, at least, do his job of making sure everything is squared away. Also, when our previous buyers backed out, he went to the home builder and got them to agree to push out our closing date. That said, it's the easiest $14K he's ever made.

I know this. Thay is why I said my flat fee agent only got an effective 0.3% and the buyers agent got their 3%.

I'm guessing you paid a total of 5% commission between your new buyers agent and your listing agent.

Also...its not hard to get a builder to push out closing...you don't need an agent for that.

[8mpg]

I've sold 4 houses and bought 3 new houses since 2010. I've got plenty of facts there...as well as many friends buying new houses and getting shafted by realtors.



12% is worst case assuming you have a 6% new home buyers agent commission and a 6% sales commission.

In the 9% example, it's because the buyers agent commission on the new home purchase was only 3%. There are plenty of neighborhoods offering 4-6% new home buyers agent commission. The 6% is the combined commission for the home sale (3% to buyers agent, 3% to sellers agent) 3+6 = 9.

I don't expect the bottom feeders here to understand simple math or follow along with word problems.



By rolling along nicely...you mean limping along barely more than Canada? This place is a ghost town.



I know this. Thay is why I said my flat fee agent only got an effective 0.3% and the buyers agent got their 3%.

I'm guessing you paid a total of 5% commission between your new buyers agent and your listing agent.

Also...its not hard to get a builder to push out closing...you don't need an agent for that.

Im not sure if you just got fucked or what. The two properties I have purchased have both been a flat 6% which is the standard. If I saw anything higher, I'd tell them to get bent. My property for sale right now is at 4% total so 2% listing agent, 2% buying agent. My buddy was a builder's realtor which sat in a model home and sold houses. He got a flat 3% (which was all his, not split with his broker). If a buyer brought their own realtor, he got his 3% and the other realtor got 3%.

I'll almost always agree a realtor is a waste of money even at 6%. Again like building a house, just because it is more expensive doesnt change the process. I agree with flat rate

[Baron Von Crowder]

I've sold 4 houses and bought 3 new houses since 2010. I've got plenty of facts there...as well as many friends buying new houses and getting shafted by realtors.

Well, you certainly should know the ins-and-outs!

12% is worst case assuming you have a 6% new home buyers agent commission and a 6% sales commission.

What? Where are you pulling these numbers from. Buyer doesnt pay the agent, it's a sellers fee, and usually up to 6%, split between the buyer's agent and the sellers agent.

In the 9% example, it's because the buyers agent commission on the new home purchase was only 3%. There are plenty of neighborhoods offering 4-6% new home buyers agent commission. The 6% is the combined commission for the home sale (3% to buyers agent, 3% to sellers agent) 3+6 = 9.

3% + 3% is 6%, Archimedes.

I don't expect the bottom feeders here to understand simple math or follow along with word problems.

ironic comment is ironic.

I know this. Thay is why I said my flat fee agent only got an effective 0.3% and the buyers agent got their 3%.

I'm guessing you paid a total of 5% commission between your new buyers agent and your listing agent.

See, you're starting to get it.

[Ruffdaddy]

Im not sure if you just got fucked or what. The two properties I have purchased have both been a flat 6% which is the standard. If I saw anything higher, I'd tell them to get bent. My property for sale right now is at 4% total so 2% listing agent, 2% buying agent. My buddy was a builder's realtor which sat in a model home and sold houses. He got a flat 3% (which was all his, not split with his broker). If a buyer brought their own realtor, he got his 3% and the other realtor got 3%.

I'll almost always agree a realtor is a waste of money even at 6%. Again like building a house, just because it is more expensive doesnt change the process. I agree with flat rate

No I certainly didn't. I only paid 3% to buyers agent and 1200 flat fee. I didn't come close to 6%.

The additional 3% is added onto the purchase price of the new home I bought because that's always considered in the sales price of a new build home. Of which...2% was returned to me because I negotiated that with my agent. Some builders will literally knock the total commission rate off of the price if you don't use a realtor. But when one finds out the throw a fit and get black listed.

If I hadn't done flat fee and a negotiated buyers contract I would have paid a total 9%. But I "only" paid ~4.3%.

[Ruffdaddy]

Well, you certainly should know the ins-and-outs!



What? Where are you pulling these numbers from. Buyer doesnt pay the agent, it's a sellers fee, and usually up to 6%, split between the buyer's agent and the sellers agent.



3% + 3% is 6%, Archimedes.


ironic comment is ironic.






See, you're starting to get it.

Look at the paperwork from when you sold your house dumbass. It'll be 6%.

And if you don't think your new home builder pads the cost of your home 3% to cover the buyers agent comission...then I can't fix your stupidity.

[Baron Von Crowder]

No I certainly didn't. I only paid 3% to buyers agent and 1200 flat fee. I didn't come close to 6%.

The additional 3% is added onto the purchase price of the new home I bought because that's always considered in the sales price of a new build home. Of which...2% was returned to me because I negotiated that with my agent. Some builders will literally knock the total commission rate off of the price if you don't use a realtor. But when one finds out the throw a fit and get black listed.

If I hadn't done flat fee and a negotiated buyers contract I would have paid a total 9%. But I "only" paid ~4.3%.

so lets break this down.

You sold a house. You paid a listing agent a flat rate to list it. Cool, that's common. They toss it on MLS and wish you the best of luck. No argument.

You built a house. The builder would have discounted their house 3% if you didnt have a realtor, but you had one that you made a deal with to to get the 3% and give you 2%. So you, by your logic, fucked yourself out of 1%. Got it.

[The King]

Entertaining to see ruffdaddie getting mad...

[Ruffdaddy]

so lets break this down.

You sold a house. You paid a listing agent a flat rate to list it. Cool, that's common. They toss it on MLS and wish you the best of luck. No argument.

You built a house. The builder would have discounted their house 3% if you didnt have a realtor, but you had one that you made a deal with to to get the 3% and give you 2%. So you, by your logic, fucked yourself out of 1%. Got it.

No...this builder wouldn't discount it for no realtor because they know they'll be blacklisted. How did you miss that part dumbass? You paid a full 3% for some grown man to make you feel happy. It wasn't even a stripper.

[Ruffdaddy]

Entertaining to see ruffdaddie getting mad...

I literally came in here to shitpost. Why on earth would I even be mad?

I see my old friend naynay asking about me and I realize it's been a long time since I've picked on the window lickers.

[8mpg]

No I certainly didn't. I only paid 3% to buyers agent and 1200 flat fee. I didn't come close to 6%.

The additional 3% is added onto the purchase price of the new home I bought because that's always considered in the sales price of a new build home. Of which...2% was returned to me because I negotiated that with my agent. Some builders will literally knock the total commission rate off of the price if you don't use a realtor. But when one finds out the throw a fit and get black listed.

If I hadn't done flat fee and a negotiated buyers contract I would have paid a total 9%. But I "only" paid ~4.3%.

Are you talking about 2 separate purchases adding up to 9%. Im still confused. Are you saying your flat rate and what not on the sale of your existing house + the builders buyers 3% on the new house?

If you are talking one sale and one purchase, unless you can get the seller to drop the price of the realtors fees, you arent getting that money. When you buy, the seller pays the fees which is only your loss if you are selling.