I agree that, if agents are put off by our representation, that makes our job a little more difficult. However, in this market I think every seller is thrilled to get an offer, regardless of who represents a buyer. Plus, as agents get to know us, they’ll find out that we are consummate professionals who want exactly what our clients’ want — to buy or sell a particular house. We’re not only for “defensive approach.”

3%, 6%, 0%…Damn who cares at this point…..After listening about the cop who got killed in Seattle on Halloween it puts everything into perspective. I almost broke into tears twice listening to the police call from the partner…………..

When the 2010 Census statistics come out the disparity between house values and rental income will be extreme. In addition commercial loans will be maturing at the 5year, 7year, and 10 year balloon payment deadlines from the highs of 2006, 2006, 2007. Whose going to buy those properties, or refinance them?

Me? I’m one of the most hated men in Real Estate. It’s my business and it is a brutal business. The only way you know where the bodies are buried is if you have planted enough of them. An attorney? Please, we aren’t going to court. You’ve got nothing. While you were in college trying to figure out how to become an attorney I was doing deals. It’s all I know.

300 deals? Did you do that in a month? For filling out paper work you could do 10 a day.

Come on, you seem nice, and there is real work that needs to be done. Many people have been swindled. These are not savvy investors, these are mom, dad, and the kids, who have lost everything so some brokerage house could get a few grubby dollars.

Doesn’t that make you sick? Doesn’t having some one like Warren Buffet make billions of dollars on Wells Fargo stock manipulation make you sick? Should people really be paying over inflated prices for a declining asset value, or should they sue.

If you want work, how about a class action lawsuit in favor of people with mortgages?

As far as refin goes The internet keeps track of mentions so I misspelled the name as long as they were intent on being a business model. They are now a dead concept looking for a buyer. They are the face of corporate America. They will be a Coldwell Banker, or probably a Prudential business affiliate.
I don’t like them, or in particular the Glenn guy, because they went to Congress on a publicity stunt then bad mouthed the entire Real Estate Industry. After berating Real Estate agents they claimed every one was against them.

Again Marc, another bad ploy, just silly.

If you guys want to be Real Estate agents then do that. As attorneys you have extremely limited parameters to work within.

You are held to a much higher standard, as it should be.

Any agent can run you into the ground, but what they need to do is advise thier client to retain legal counsel.

Your charging $1895 to fill out paper work and making a client feel good. It’s just a complication that needs to be over come. It’s an annoyance, that’s all.

In addition, based on our prior exchanges, I think we also agree that many agents charge a “full service” fee (i.e. 3% of the sale price, paid by the seller) without providing the high quality service that should accompany such a fee. [Please note that the same could be said for attorneys, accountants, and any other service provider.] Given this reality, it would be nice — indeed, it is nice — for consumers to have an option to the “full service” price, which historically has not been true. The extra benefit to our model is that, in at least some respects, one aspect of the service (legal representation) is superior to that of the historical, full service model, while costing less.

I took a quick peek and where our services are a match, which is not often if ever, we are close as in family to family, though I do not find a match due to your restriction that it be seller financing and owned free and clear.

I fully support your option as an option. As I said to Marc, the only part that “bothers” me is your assertion that everyone else always costs 3%.

Where you err is in buying into the myth that others “charge” the same as one another, and more than you. That is a broad brush and incorrect assumption. I do not charge the same for all clients, and many if not most agents operate as I do. That the seller “offers” X in the mls is not reflective of the cost of that service via agents, anymore than it is reflective of the cost when using you. Though it is likely reflective of the upper limit to cost in most cases, it is not the actual cost in all cases.

When and if I have a client with the needs that fit your niche market, I may charge them the same as you do or less or more. For you to assume I charge more is a bit presumptuous at best.

Clearly your niche is for those who need less for less. If you would serve one who needs more for more, you would lose the integrity of your model. Every model serves a niche…there is no one size fits all real estate.

You take it as far as you can for less…but when as far as you can is not good enough, I assume you would refer to the more for more model, as Redfin does…no? Not every prospective buyer or seller’s need fits the $500 cost model for sure.