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Not at all.
I have responsibilities to clients that I don't shirk.
There's a heckuva lot of brokerage responsibility that falls short of "giving legal advice," even though lazy or incompetent agents excuse sloth by avoiding "giving legal advice."
Interpreting CCRs is treading a very fine line. Reviewing zoning? Reading plats? Ditto. Then you get into reviewing building materials? I'd probably hire you and accept your opinions on a builder's product not expecting you to have a degree in construction engineering but others might not be so forgiving if their aluminum wiring, chinese sheetrock or zipsystem sheathing failed ten years down the road. Would you hire a lawyer or defend yourself?
Interpreting CCRs is treading a very fine line. Reviewing zoning? Reading plats? Ditto. Then you get into reviewing building materials? I'd probably hire you and accept your opinions on a builder's product not expecting you to have a degree in construction engineering but others might not be so forgiving if their aluminum wiring, chinese sheetrock or zipsystem sheathing failed ten years down the road. Would you hire a lawyer or defend yourself?
Reading plats for location of BMPs and sidewalks and seeing if floor joists are installed at 16", 19.2", or 24" O. C. are legal or engineering work?
On what planet?
I work on the 3rd Rock from the Sun, myself.
If I visit your planet, will you "Take me to your Leaders?"
Where is the buyer's agent who wants to propose a system that gets him more money as the contract price goes down rather than up?
No need to repeat the same old story about prostituting oneself for 1.5% of a $2,000 unrecognized saving, that's not the question.
So, you would suggest an agent should only propose showings on overpriced houses with a lot of fat on the bone, so they could claim negotiation victory and get paid more for garnering discounts off list price?
Or, only showing low priced properties, even if the buyer asks for more expensive showings?
Interesting propositions. I would rather let the market and buyer take me where they lead me.
Where is the buyer's agent who wants to propose a system that gets him more money as the contract price goes down rather than up?
I'd be happy to work as a Buyer's Agent, on retainer and hourly rate.
Our job is to help get the Buyers the house they want, at the best price and terms possible.
If we're paid more by a lower price, or rewarded by a % off asking price, then we still wouldn't be aligned with the interests of our clients.
Let' say I had an agreement for 20% of (List Price - Purchase Price). Then clearly I would be incented to find the house that was most overpriced and get the highest margin off of it.
At the end of the day, it's a relationship built on trust. If you don't trust your current agent's motives, find another. If you believe your agent is only trying to get you to pay a higher price than you're comfortable with, then you should find a new agent.
I'd be happy to work as a Buyer's Agent, on retainer and hourly rate.
Our job is to help get the Buyers the house they want, at the best price and terms possible.
If we're paid more by a lower price, or rewarded by a % off asking price, then we still wouldn't be aligned with the interests of our clients.
Let' say I had an agreement for 20% of (List Price - Purchase Price). Then clearly I would be incented to find the house that was most overpriced and get the highest margin off of it.
At the end of the day, it's a relationship built on trust. If you don't trust your current agent's motives, find another. If you believe your agent is only trying to get you to pay a higher price than you're comfortable with, then you should find a new agent.
House was listed at $250,000.
Buyer said, "Let's offer $260,000 and ask for $10,000 CC Credit."
Me: "No. Offer $250,000 and ask for $10,000 in CC Credit." We got the deal at that.
House appraised at $257,000.
Wondering how much I should have made on the deal under a "Less is More $$$" model?
it's clear that - very unfortunately to the profession - that many folks have wound up with unqualified agents, in one way or another, that made the experience unsatisfactory.
Those that would prefer to be satisfied, I truly wish they could find a qualified agent.
There's also a subset of humanity that are always unhappy, believe everyone is out to get them, and will never be satisfied. For them, the provider of any good or service doesn't matter. They'll find SOMETHING that they konw - they just KNOW - is the AHA!, they've been screwing me!!
Reading plats for location of BMPs and sidewalks and seeing if floor joists are installed at 16", 19.2", or 24" O. C. are legal or engineering work?
On what planet?
I work on the 3rd Rock from the Sun, myself.
If I visit your planet, will you "Take me to your Leaders?"
Measuring joist spacing is easy; determining if it is in accordance with the plans and contracts as well as the appropriate building code is not so easy. Assuring a house is being located according to a plat is the job of a surveyor.
So, you would suggest an agent should only propose showings on overpriced houses with a lot of fat on the bone, so they could claim negotiation victory and get paid more for garnering discounts off list price?
Or, only showing low priced properties, even if the buyer asks for more expensive showings?
Interesting propositions. I would rather let the market and buyer take me where they lead me.
No. I make no suggestion whatsoever, that's what I asked of buyer's agents who often claim they negotiate savings for buyers - shouldn't they be compensated for saving their client money?
House was listed at $250,000.
Buyer said, "Let's offer $260,000 and ask for $10,000 CC Credit."
Me: "No. Offer $250,000 and ask for $10,000 in CC Credit." We got the deal at that.
House appraised at $257,000.
Wondering how much I should have made on the deal under a "Less is More $$$" model?
You should have made millions, I cant believe you even entertained this penny anty nonsense.
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