comments in line


"John Willis" wrote in message
...
On 12 Jan 2006 21:49:16 -0800, "Shiba"
scribbled this interesting note:

SNIPS


As to your realtor, the realtor is not motivated to sell your house at
the highest possible price. Remember, most realtors are working for
themselves, but have fees to pay. Your realtor will split the
commission with the buyer's realtor. That leaves your realtor 3%. Most
realtors have to split that with their brokers, so that leaves 1.5%.
1.5% isn't very much. An additional $10,000 in selling price means
only $150.00 to your agent in this scenario. And the realtor may have
to do quite a bit of work for that $150.00 and may indeed be motivated
to put more work into selling other properties that will net the
realtor more money for the same amount of work over the same amount of
time.

Ahhh, but remember that the potential buyer showed up with her son, who
was introduced as the potential buyer's agent.

$ 269,000.00 house, 7% standard Seattle area resdential comission is $
18,830.00

Split bewtween seller's agent and buyer's agent puts $ 9,415.00 in buyer's
son's pocket.

And buyer still wants more than $ 10,00.00 grand in fixing up?

Whats wrong with this picture?

-- Jim McLaughlin

Reply address is deliberately munged.
If you really need to reply directly, try:
jimdotmclaughlinatcomcastdotcom

And you know it is a dotnet not a dotcom
address.

Bottom line? Everything is negotiable. If you don't like the offer,
then make a counter offer. Put a time limit on the counter offer so
you can be free of it after a certain time passes.

If I were the buyer, I wouldn't want the seller to make any repairs.
Why? Because the seller is motivated to make the repairs in the
cheapest way possible. The buyer should be motivated to obtain the
highest quality repairs, which may or may not be the cheapest.

Good luck...


--
John Willis

(Remove the Primes before e-mailing me)