Seems to me there are antitrust issues with the residential real estate market.

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Apr 12, 2021
9:16:07am

Fargo Truly Addicted User

I believe at one point there was a lawsuit over the MLS for antitrust reasons.

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Fargo

Bio page: Fargo
Joined: Dec 13, 2020
Last login: Apr 12, 2021
Total posts: 1,040 (0 FO)

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Messages

Author

Time

WOW!! Just had a visit with a realtor. We told her we are probably going to

ordinary tri guy

4/12/21 8:36am

Seems like their livelihood is in danger of becoming extinct

TNT

4/12/21 8:38am

Unfortunately, we've said that for many years. Yet, we continue to give them 3%.

BYUALWAYSNUM1

4/12/21 7:06pm

Death of the realtor is like death of the 2-party system - we all want it, but somehow it persists.

unctoothman

4/12/21 8:15pm

Realtors exist in my opinion cause the MLS listing service requires an agent to

Cougarite

4/12/21 9:25pm

My experience with most female realtors are similar. They are vicious.

SoValleyCOUG

4/12/21 8:38am

Has the exact opposite experience. Our realtor was a woman. The seller’s was a

Powerbait DPM

4/12/21 5:05pm

buyers usually do most of the research themselves anyway

JackStack

4/12/21 8:39am

This has been my experience. If a realtor can find me the house I want

stenso

4/12/21 8:41am

It's the same thing with buying a car

WorfoSAUR

4/12/21 8:45am

So do sellers. Last house I sold I wrote up the description myself and also

COUGND

4/12/21 8:54am

We heard the same thing from other Realtors when we sold our home by owner.

Agnostic-alumni

4/12/21 8:39am

Where are you planning on sailing your house? Is it a house boat?

chago04

4/12/21 8:40am

The sad part...is a Michigan fan caught it. Dude, they suck at everything.

ordinary tri guy

4/12/21 8:45am

Just doing my part since Foof isn't around.

chago04

4/12/21 8:46am

You forgot about Grammer Police 🚨

ordinary tri guy

4/12/21 8:52am

<< Deleted >>

Grammar Police

4/12/21 12:20pm

And they also won't show you a house to buy if you are not signed with a realtor

cougarmeister

4/12/21 8:41am

Always nice when they openly admit to breaching their duty and possibly

Baron

4/12/21 8:42am

She is obviously a poor realtor.

Archaea

4/12/21 8:43am

If it’s on Realtor.com or Redfin or Zillow the buyers will find it and ask to to see it anyway. It’s not the old days

Mike Honcho

4/12/21 8:44am

They’ll come up with stories like ohh we’ve dealt with this seller and they

kotacoug

4/12/21 8:47am

It's crazy that this still exists. It needs the Uber treatment.

ReyOso

4/12/21 9:13am

I think that’s what homie etc are trying to do but it just needs to be done ASAP

kotacoug

4/12/21 9:20am

That is what Homie.com is trying to do

HiLife

4/12/21 9:54am

I'm going to go out on a limb with not all realtors are crappy

franklyvulgar

4/12/21 8:46am

Hence the last line in my OP.

ordinary tri guy

4/12/21 8:48am

Many are great, just there are so many out there and the barriers to entry are

JackStack

4/12/21 8:50am

I'm 0-for-3 thus far in my buying & selling experience.

cougarmeister

4/12/21 8:54am

No but all realtors are grossly overpaid for what they do.

Fargo

4/12/21 8:59am

It’s amazing how incompetent people really are.

Corn

4/12/21 8:47am

Especially considering not one changes their oil anymore 😂

ordinary tri guy

4/12/21 8:49am

It’s the paperwork that scares people (including myself)

Powerbait DPM

4/12/21 5:09pm

Hire an atty to do the paperwork for $1-2k

Cougarite

4/12/21 10:43pm

You never need a listing agent.

johnnycarson

4/12/21 8:48am

we bought and sold our last two homes without a realtor. It was great. No issues

macdizzle

4/12/21 8:49am

Had a similar experience when we sold our first condo in Orange County

braddahmike

4/12/21 8:50am

Realtors in the housing market should be paid next to nothing. They do not

Fargo

4/12/21 8:55am

In my time as a Firefighter/EMT I occasionally got frustrated enough to remind

JarJarBeeps

4/12/21 8:57am

You are a firefighter/EMT? Kudos sir

TNT

4/12/21 9:00am

You just don't need one at all when purchasing. Selling is different, you will

DoseOfReality

4/12/21 9:00am

Why don’t Realtors compete based on amount of commission? Seems if you have a

NewMexiCoug

4/12/21 9:07am

Seems to me there are antitrust issues with the residential real estate market.

Fargo

4/12/21 9:16am

Just like any job or profession, there are good ones and there are bad ones.

Cougar TD

4/12/21 9:11am

But under no circumstances are they worth 3.5% or 3% of your equity. No way.

Fargo

4/12/21 9:26am

I don't want to pay that, but some people really do not want to deal with it.

Cougar TD

4/12/21 9:29am

As a seller, giving up to 6% on commissions to both the seller and buyers agent

Ungoy

4/12/21 9:13am

How are you getting a FSBO on the MLS?

mudpupper

4/12/21 9:16am

You can pay a $95 fee to the MLS.

DoseOfReality

4/12/21 9:27am

We are using a company to do all the back work. $499 and they do the listing...

ordinary tri guy

4/12/21 1:42pm

I think the majority are scum bags, but there are some who are legitimately good

homegrown

4/12/21 9:23am

Majority? No. Whether they are worth their commission is fair question

Deeppost

4/12/21 9:26am

And still not worth 3% of your equity. The fees are ridiculous for what they do.

Fargo

4/12/21 9:27am

Had complicated sell/buy combination that benefited from having a realtor

Florwood

4/12/21 9:29am

In Utah I’ve used Intermountain Properties, $99/$179 flat fee to list on MLS

Deeppost

4/12/21 9:33am

Thank you. I'm about to sell a house in Provo. I'll do this.

BYUALWAYSNUM1

4/12/21 7:24pm

can you list a realtor and none realtor price?

Powerbait DPM

4/12/21 7:32pm

I like it! $300k w/o realtor or $318k with a realtor.

BYUALWAYSNUM1

4/12/21 8:14pm

With this crazy market this doesn't apply as much but this video is eye opening

O Gaucho

4/12/21 9:54am

We sold our last house. Paid ~$200 to get it listed on MLS. We had 2 agents in

txblue

4/12/21 10:08am

We sold our last house in 2004 FSBO for $10,000 more than the realtor said we

O Gaucho

4/12/21 12:21pm

RE: WOW!! Just had a visit with a realtor. We told her we are probably going to

chivo

4/12/21 9:56am

Is it a Utah thing that people say “for sell”, instead of “for sale”... I always

BYUcrew818

4/12/21 10:44am

For sure utah. I always loved seeing signs in a store stating "sell price" or

LiveCoug

4/12/21 10:50am

It’s a plague. They don’t sound even close to the same. Government intervention might be needed.

TCuz

4/12/21 10:52am

We're getting ready to sell, and a realtor friend suggested FSBO. Sadly, I think

TailgateU

4/12/21 10:56am

99% of realtors suck. The end. (Based on a bad experience in GA where 2 very

BleedCougarBlue2

4/12/21 6:26pm

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