Buyer Mark, it looks like there's one agent here who's just dying to give away his paycheck. Frankly, it's a little hard for me to believe anyone is hungry enough to post 6 times begging to give away his paycheck, but , hey...everyone's different.
In the meantime:
Mark(Buyer): Thanks for the feedback. Let me respectfully explain. When I applied at E-Loan, I was given an offer to use their preferred real estate agent and get a rebate.
Some of the lenders that responded made similar offers.
JR: Very interesting! They must be very "successful" to have to take peanut referrals from a lender.
Mark: I thought perhaps I could put this idea on the board. Perhaps there would be a local realtor near Heritage Harbor (where we are going to buy) that would be interested. I know these are tough times and I thought maybe somebody could benefit. This is "found money".
JR: Of course it is. The agent doesn't even have to buy gas or open a door in this case. You make it sound as if all they have to do is answer "yes" and then walk out to the mailbox and pick up the check.
Mark:Antonio. I understand your thoughts about taking a cut in a paycheck. I reasoned that I shouldn't pay as much as somebody you need to drive around for a month looking at houses.
JR: We spend many hours driving around and showing houses to folks who never buy. And you know what? Sometimes we happen to pick up the phone, someone buys the first house we show them! That is what helps pay for all the time we spend with the other "buyers" who never buy. Just like how any other sales person may walk up to a number of people and demonstrate a particular product in the store, but one person may walk in, pick it up and buy it. Do you think they should pay less for it?
And you do understand we don't get a salary, right?
The house is chosen, the financing is lined up and the attorney is in place to review the paperwork. Your overhead is extremely low and the pay would be commensurate with the job..
JR: In other words, you don't have a clue what's involved in this, do you?
Keith. Doctors negotiate and charge less to many people who belong to insurance groups and other organizations.
JR: Mark, you do understand that doctors are paid by every person who comes into their office, don't you? They don't treat 10 patients for free, hoping that they're paid, then finally the next one pays. I spent a lot of time a couple of weeks ago working with a couple who wanted to sell, but were upside down intheir house. They didn't know how a short sale worked. I printed out articles, recommended 2 attorneys to them, and spoke to those attorneys about their situation both before and after, worked up a plan and a strategy, and basically let them cry on my shoulder. They listed with an agent who told them their house was worth $40,000 more than I did. I believe they made the wrong decision, i don't think they are going to get offers, but this was all unpaid labor, Mark. How often do you do your job and then at the end of the week you don't get a paycheck?
Mark: Phil. Before you read between the lines I suggest you read. I also suggest everybody read Phils profile and then read between the lines on her.
JR: I read Phil's profile. What are you getting at. Sorry, I'm missing it.
Mark: Thank you Mark. The house is $350,000. If you are interested in this proposition, leave a message here on the board.
JR: Good luck to you both.
Mark: Geez, I was only asking guys!
JR: And I'm asking you: how often do you work all week, and then your boss refuses to pay you? How often do you discount your services? What is it that you do for a living?