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Real Estate
Reply to "How many years until realtors are replaced by Redfin/Uber/Zillow/etc?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Listing agents do a lot more than "merely listingg the property and attaching a lock box to the place." That's like saying doctors merely take your vital signs, or journalists merely write a story, or tax accountants merely file tax returns.[/quote] Stop comparing yourselves to doctors and lawyers. They study hard to get where they are. You took a week long class.[/quote] I'm not a Realtor, but I would love to see you pass the exam after just a week of classes.[/quote] I'd be happy to oblige if you put up a $10k wager. [/quote] Absolutely. Tell me the logistics of this. Can we put it in escrow somewhere?[/quote] Escrow would be the smart thing for us to do. I haven't found any leading reputable sites for it. Have you? DPOR site says exam application processing takes up to 2 weeks so that may be a logistical issue for us. Class is already 60 hours worth of time so it could take about 3 weeks total which violates our intended terms. [/quote] You said you could pass it after "just a week of classes." That's the deal. Escrow.com would hold money in escrow, but it sounds like you're already changing the terms. You want to do the full study/course, I'm sure you COULD pass it -- the passage rate is about 20% for a first-time taker, so it's not outside the realm of possiblity. But, you said you could do it after a week of review... Of course, you've since discovered that you can't actually TAKE the exam without completing the formal class. So, you've merely confirmed my point that you don't have the first clue about what you're talking about. Which is a shame, because I could use your $10,000.[/quote] I'm not the pp but the point remains. You're not a surgeon and you are likely overpaid. Your training is less than a semester of schooling and yet you believe you should be compensated like someone with a specialized degree. I have a friend who is an agent who deserves every single cent they earn. I also know some people who go into real estate, after having failed at everything else including community college. I have bought and sold 4 properties in my lifetime and in each instance but one, the agent attempted to screw me out of thousands of dollars for their own personal gain. People are getting smart. Redfin is not the only agency that rebates commissions. The last 3 listings in my unit were listed by non redfin agents who agreed to accept 1% commission. [/quote]
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