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Everything posted by thefuzz
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Do not get on this call.
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I'm actually pulling for the guy now.
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If that is the case, just do a for sale by owner. Pay an attorney to draft a contract, and cut out the entirety of the mess. Is the broker local, have you met him, how much volume does he move? One point on your second sentence, the work STARTS when the first offer is made. Not the pictures, not the getting it in MLS, not the CMA (comparative market analysis), etc.... The pain is after contract, not before...so if you want to reward him, just pay him like a normal broker. Also, please consider just how important your single job is, once the contract is in place? If his slice of the pie is small, just what are the chances of him slipping out of the movie theater to take a call from you or the closing attorney? Zero? Less? Either way, good luck, more than happy to help if I can.
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OK. I'd have to look back into the rules, as I don't practice general brokerage, and don't do "offers" on anything....but I'm pretty sure that's illegal. I get pretty frustrated with many in my field over the "offers" thing. My response to them is always the same "are we making offers, or buying real estate?" In those exact words. Now, again, I don't operate in that line of the business, so take that, and what I'm about to say with a grain of salt. I don't like the pitting of buyers against each other. Don't like pricing a home just below it's value to drive offers over list. Would prefer the home be listed for a fair price, and for the deal to proceed like a fair deal. There are transactions where both buyer and seller can walk away happy, unfortunately, this is not one of those markets. The way this market, and sellers have pitted buyers against each other isn't a good thing, not now, not down the road, and hasn't ever been in the past.
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You need to be careful, did he bring up the "10% over list" idea? Where are you located?
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Seeming that way to me....sorta. Moton is like that, Moore to a certain extent, but not the type output of the others named. CMC was amazing, as is Horn...but both have had issues with health. Burns has stayed healthy, but doesn't quite affect the game the way that Pep did, Gross and Kalil 1 were incredible to have...same to a certain extent with Smitty as well.
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I did. There are very few players throughout the years that I just simply didn't worry about. Gross, Kalil 1, Peppers, Bradberry, etc... Guys who showed up, did their jobs, week in and week out.
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Oh, heck no, that was more of a simplistic write up of a younger/greener agent. I've been in the biz now for 20 years....as hard as that is for me to imagine. I operate in a really specialized niche in the industry, tough to break into it, and even tougher to get out.
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The Perspective of a 6-Foot Quarterback (old Steve Young article)
thefuzz replied to NAS's topic in Carolina Panthers
His ball placement is fantastic, and I preferred CJ once I watched the games a little...but, and there is a big but, I've not spoken with him, nor do I really know what I'm looking at like Frank and Co. I'm hoping you are correct about his arm, but it looks to be lower 1/2=1/3 of the league to me....that said, that's not the end all be all for me, the arm is good enough. Brees an Pennington made those types of arms work very well. Manning 1 wasn't any Marino either. Again, hope I'm wrong about his arm, but, between that and his inability or better said, his never playing under center....does concern me with designing an offense that isn't too easy to defend or figure out. -
The Perspective of a 6-Foot Quarterback (old Steve Young article)
thefuzz replied to NAS's topic in Carolina Panthers
Anticipation and Touch were never Cam's strengths, that's for sure. Youngs size and arm are my worry, not his anticipation. -
The Perspective of a 6-Foot Quarterback (old Steve Young article)
thefuzz replied to NAS's topic in Carolina Panthers
Was coming to post just that. Holy crap, guessing too young to remember said Young. -
I recall watching that, almost in disbelief. Now, I'm not calling Ozzie a fibber here, but he very well could be fibbing.
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You married?
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Need to check my membership status, but for a while, RR membership and a couple away games per year was my total contribution to the Panthers. Loved hooking up with them in London, Tampa, and I think New Orleans...although it could have been somewhere else.
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I don't work in that side of the industry....never have, hope I never do. As to your work environment, good for you. However, if you are a new agent, who wants help with lead generation, marketing, mailers, etc...then a big brokerage house is what you may want to chase after....or not, there are options.
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Ha, truth. Came to post a little breakdown since these numbers seem so high to most not in the business, or that have done few transactions. thefuzz lists your house. 400k. 6% commission. Lets say it sells for 400k for easy math. 24k in total commissions paid. 12k to buyers agents brokerage, 12k to sellers agents brokerage. thefuzz has a 50/50 split with the brokerage. 6k of my 12k goes to the house, 6k to my wallet. It's time to cover the listing expenses now. Photos, any maintenance items you did to keep a sale rolling, marketing, fuel, etc....let's say that number is $800. Now, we are all independent contractors, meaning we pay all of our taxes, including both sides of Social Security....let's say about 30-40% depending on how successful you are. Let's say 30% to keep it rolling. Now that 6k has turned into $3,600 or so after taxes. BUT, you need health insurance, short and long term disability...as you are a contractor remember, and pay yourself for your time....which doesn't really happen. On top of that, you have MLS dues, Realtor Dues, Desk Fee's, have to have a good computer, your phone is never ever off, you need a nice car...you are driving a LOT, and nicer than usual clothing...again, you have to dress to impress for the most part. So, after all that, you probably have about $2,500-3k in your pocket after a 100 or so e-mails, 100+ phone calls, putting owners in touch with your little black book full of tradesmen to help them get the house ready, and about 20 visits to said house....many on the weekends. Yea, it ain't as glamorous as many think it is.
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Now, to the reason may hire, and some don't hire agents. 1: You likely DO NOT want to get into a face to face meeting, or a phone call with the buyers...you very well could be breaking some rules...and many folks have zero clue how to remain calm when talking about 10's of thousands of dollars, much less hundreds of thousands. You will be too emotional and the buyer will take advantage. A seasoned seller MAY be OK, most of the time not. 2: Your time is valuable. Sitting at the dinner table with wifey and Jr.....text message, another, another...."the inspection came back, we need to talk about the HVAC" or "we found an old oil tank in the back yard that you didn't tell us about, we need to talk" or "your house had a leak that was improperly fixed, we need to talk." Now, you are upset about being disturbed, upset that you have no answers, and have no clue how to "fix" this issue without losing a buyer, or costing yourself too much money. 3: You will likely not list it at the correct price. This market is weird, but it will change, and it will get normal again, it always does. Too high? No offers, and you are fielding 50 calls per day telling you to list it with them, too low, and you cost yourself a LOT of money. Not everyone needs a broker, not everyone needs an attorney, not everyone needs an accountant....but...when you do need one, you really need one. *I'm a broker, but don't do normal home sales. Not worth my time.
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OK. I'll take a stab. First, the question you can't get a good answer to. It doesn't. Meaning, it's not 3% at 350k and 3% at 750k...sometimes it is, sometimes not. The higher the assumed listing, the lower the listing %, in many cases. That said, the individual broker cannot make that adjustment, they do have to run it by their Broker in Charge, they don't always agree to lower commissions...it's their call. Again, if a customer is expecting a lot of work...there is zero % chance I'm lowering my fee, and I wouldn't either way until we are talking over 1M or so...unless it's a friend or family member.
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Ha, ain't that the truth. I'd completely lost all interest in the team until the new staff started to be assembled, then Fitt was able to work his magic and put said staff in the position to get the QB they covet. Damnit. It's freaking Godfather 3 over here. Just when I thought I was out, they pull me back in. Damnit.
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"Hate to eat breakfast on an empty stomach." Is one of my go to's.
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We have a better way of putting it here at the beach. "Dude, you are drinking Miller Lites on a Tuesday morning? WTF? "We're at the beach." That said, I sure am glad Tepp is getting out of the way.
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Fitterer, Morgan, and the Brass having pressers tomorrow?
thefuzz replied to ncfan's topic in Carolina Panthers
Yup. Just because you can gain the weight, doesn't mean that you can play like that. Lots of history of guys with specific motions that can't replicate it after stacking up pounds...he looks to me to be one of those guys. Again, if the team thinks it's not a huge deal, then I'm going to trust them, but he doesn't come without knocks....this isn't Peyton or Luck here. -
Fitterer, Morgan, and the Brass having pressers tomorrow?
thefuzz replied to ncfan's topic in Carolina Panthers
Doesn't look like he can carry that much more weight to me, but whatever. Russ and Brees both looked much thicker coming out.