I did respond earlier to this very subject but you ignored it.
I'll repeat.
I sold a piece of property and told the agent "I want X for the property, anything you can get above that is yours". He did and made a nice profit. We both walked away happy.
Does anybody know where I can find the FEMA loads?
Discussion in 'Ask An Owner Operator' started by A1 Auto Trucking, Aug 29, 2017.
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The real estate broker is required by law to disclose his fee for selling your property. I do not know how he could write a contract with you by those terms legally, unless he purchased the property from you first.
But even then, there are laws that prevent a real estate broker from not disclosing to you that he is a broker and a real estate investor (buyer) to help prevent him from 'swindling' people out of the value of their properties. Of course there are ways around this, like when the real estate broker convinces the seller to market his property below market value with the intention of having a "straw buyer" come in and pick up the deal. But that is for another discussion.
I think I know what type of guy you are and I respect that. I am a "handshake" guy myself, but we must not underestimate those that are sly and will work to protect a system that allows themselves to effectively cheat the free, fair and open markets. -
spyder7723 Thanks this.
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Freight brokers should be legally required to compete on their fees(what they charge for their service), not compete quoting freight rates when they have no ability to move the freight they do not own. One broker's rate might be 6% for a certain type of load, and then another broker can compete with 5%, or whatever. That is called a "free market". The broker is 'selling' his contribution to the transaction. He should be required to post his price. The "freight rate" is the carriers price. The non-asset freight broker has no ability to move freight and should be prevented from quoting freight rates. Even the payment system should be structured like a real estate broker transaction. Their check(payment) should be a separate transaction from the freight price.
If you can talk a good game, freight brokering is a real sweetheart deal. -
Oops. I got off subject. I hope the carriers here were able to profit off of that obscenely overpaid FEMA freight, not just the brokers.
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Just one last comment. I can't help myself sometimes but I won't ask to be forgiven. It's not in my nature.
I was real disappointed with Uber Freight. I thought finally a broker would act like a broker and use a computer program to connect shippers and carriers, while showing their transaction fee. Almost like the Uber for cars but with an added ebay option for bidding. But Uber turned out to be just another cheap freight broker looking to take advantage of the broken broker/carrier system we have. -
Im going to try one more time to explain this to you why your fee argument means nothing..
the shipper has a load to move. contracts a broker to move it for $x (the shipper has hired the broker and knows what they are paying to move the load) the broker finds a carrier willing to haul it for $y and another contract is formed and agian the party paying the fee knows what they are paying. Dont think i can dumb it down any more!
Just one more question. Have you ever seen a retail store disclose what they pay for a prudct on the shelf? I mean your the one paying, by your idea shouldnt it be transparent how much walmart is charging you to sell you whatever your buying?rank Thanks this. -
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@mudflap77 I think you finally got it through his thick skull why all his analogies are off base
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