Brokers are thieves!!!

So when you buy a house you know what the person who's selling it paid for it, put into it, and is making off of it? I've only been remotely close to two real estate deals, and the buyer didn't know or particularly care about any of that.

 

They only use the real estate argument because they’re regulated and that’s what they want for transportation brokers.

 

Couldn’t they pick a better model . Somehow I recall that as the main driving factor behind the last depression.

 

What State and what is regulated in the Real Estate Contract??

 

Educate your self! it was the lenders not the Realtors!

 

Quit taking the cheap loads! Done!

 

Just about every thread on this site about his evil brokers are has a comment about licensing and regulating brokers the same as they do for real estate brokers.

 

Real Estate Brokers/Agents do not discuss % to the buyer only the seller that pays the Realtors %, When I started in the early 80's Trucking was regulated (minimum rates) then deregulation and all the gippos came out of the wood work...to this day I STICK TO MY RATE(s)!

BTW there are NO Rate/Price regulations in Real Estate (I sleep with a Realtor)

 

Real estate to freight is apples to oranges any ways. Terrible example.

 

Good thing about selling houses is, there are multiple controls set in place for the home owner not to get screwed over.

ie market value, appraiser, agents and the multiple offers you get for your house.


The reason for this is because of one person not knowing can devalue the whole neighborhood.

so if houses are worth 800k in your neighborhood you won’t sell it for 400k as the agents commission is less on 400k then 800k, so your agent will tell you “hey raise the price”


Now if you don’t have an agent the bank appraiser will tell you “hey your house is worth 800k”.

so there is controls in place.