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To: Leo Farnsworth

I would feel a lot more kindly towards them if they would stop charging such exorbitant fees for their services and using the force of government to restrict the way others want to buy and sell real estate.

It is time for the real estate business to change drastically. Open it all up to competition.


32 posted on 11/13/2007 2:55:55 PM PST by Pining_4_TX
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To: Pining_4_TX
“I would feel a lot more kindly towards them if they would stop charging such exorbitant fees for their services ...”

It is a FREE market. It costs you a fee to LIST your property with a Realtor(r). There is no fee involved to purchase.

If you do not want to spend the money for listing your property, if you do not feel that the fee is worth the benefit, sell your property some other way.

Free markets are a good thing. Stop complaining when you have them, otherwise you will, most assuredly, will not have them in the future.

71 posted on 11/14/2007 7:09:28 AM PST by Leo Farnsworth
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To: Pining_4_TX
I would feel a lot more kindly towards them if they would stop charging such exorbitant fees for their services and using the force of government to restrict the way others want to buy and sell real estate.

I don't know of any governmental restrictions for buying or selling your own home. There is no Realtor cost to YOU in BUYING a home. The commissions charged by Realtors to SELL your home are their compensation for the time they spend in getting your house on the market; advertising, broker open houses with food, etc, the time checking out possible buyers, and the shepherding of the sale through the process. Most Realtors will not waste their own time taking folks through a home if they don't think they can afford to buy it, unless it is just part of a tour to show buyers what all is out there. I enjoy seeing houses that are beyond our range, because it gives us ideas about how to do improvements to our home. Since we decided to sell and move, we go to Open Houses just to see what our competition is going to be. It also helps us see what sells, and what doesn't, by looking at which houses sold quickly, and which are still languishing on the market 6 months later.

We've considered doing a For Sale By Owner, and nowadays, you can sign up with internet realty companies that, for a small fee, will list your home on the MLS, which is the Holy Grail of Real Estate. If you can get your home on Realtor.com, potential buyers will see it, and can either contact you directly, or, if they're working with a Realtor, can have that person bring them to see the house. You, as the seller, have the option of offering a commission to the Realtor who brings the successful buyer. THAT gives Realtors an incentive to bring their clients to see your home, and widens your potential buying market considerably.

75 posted on 11/14/2007 8:51:23 AM PST by SuziQ
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