WTF - Just to LOOK at a House???

I should note, the realtor assistant was asking all kinds of weird questions too. Like, have either one of us have "been divorced before" and "do you have kids and if so, how many do you have?" Like, why in the hell would you need to know that shit, JUST TO SHOW A FUCKIN HOUSE???
 
OH, and one other thing Cindy just reminded me of, we were dealing WITH THE LISTING AGENT!! Wouldn't you think that she of all people would know whether or not the seller was going to pay the 3% buyer's commission?? Also, the assistant had to disclose that the owner of the property was AN AGENT at their office. As in, they were the ones who contracted the home to be built AND are the ones who are selling it!!

The whole thing stank to high heaven.
 
wayoflife said:
I should note, the realtor assistant was asking all kinds of weird questions too. Like, have either one of us have "been divorced before" and "do you have kids and if so, how many do you have?" Like, why in the hell would you need to know that shit, JUST TO SHOW A FUCKIN HOUSE???
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To be clear, this person represented the seller as well?
 
wayoflife said:
If they hate it, why do they do it? Why not just take the 3% sellers fee and call it a day?
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It's just been such a standard practice that buyers and sellers agents split 6ish percent for so long, the new ruling throws a wrench in it. Two I know aren't even in favor of the 6% split but it's just so standard that the new ruling throws so much unknowns that the corporations they work for force the new buyer's agent paperwork. It's ridiculous. It's more of a problem for buyer's agents than seller's.
 
OverlanderJK said:
We posted at the same time. lol

This is crazy to me. When we sold our house in our contract it said what the fees for the buyers and sellers agent were. How do they not know whether the seller will pay or not?
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Exactly!! That's why it's bullshit. To force you to committing even before putting in an offer is just nuts!! Negotiating and putting in the contract, I can totally see that but otherwise, this is shit
 
WJCO said:
It's just been such a standard practice that buyers and sellers agents split 6ish percent for so long, the new ruling throws a wrench in it. Two I know aren't even in favor of the 6% split but it's just so standard that the new ruling throws so much unknowns that the corporations they work for force the new buyer's agent paperwork. It's ridiculous. It's more of a problem for buyer's agents than seller's.
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The buyers end is what really pisses me off. While we would be making a cash offer IF we liked it enough to buy it, I don't know how most people could come up with 3% of the selling price of a house if it couldn't be rolled into the loan. I mean, most people have a hard enough time just saving up for a down. To have to come up with commission as well?? Fucken crazy
 
WJCO said:
It's just been such a standard practice that buyers and sellers agents split 6ish percent for so long, the new ruling throws a wrench in it. Two I know aren't even in favor of the 6% split but it's just so standard that the new ruling throws so much unknowns that the corporations they work for force the new buyer's agent paperwork. It's ridiculous. It's more of a problem for buyer's agents than seller's.
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I think 3% is old anyway. We paid closer to 2% on ours for both sides. A lot i see around here are 2% too with some offering an incentive of 3-3.5%.
 
wayoflife said:
The buyers end is what really pisses me off. While we would be making a cash offer IF we liked it enough to buy it, I don't know how most people could come up with 3% of the selling price of a house if it couldn't be rolled into the loan. I mean, most people have a hard enough time just saving up for a down. To have to come up with commission as well?? Fucken crazy
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It's insane. For me the biggest mind boggling part of real estate in general is that for an average roof over your head nowadays anywhere is close to half a mil. Add in commission, taxes, etc. It's nuts.
 
WJCO said:
I have many family and friends in real estate. They're all doing it now. And they all hate it. But that new ruling last year pretty much forced them into it. It's going to fuck up the entire industry. There is already a huge oversaturation of realtors. I see the future of most people learning to do everything themselves and a lot of realtors dropping out. The scary thing about that is that there are some really good agents out there that learn about deed history, septic/soil history, previous issues with the property and work to protect buyers from problem issues. If buyers don't know what to look for they could get stuck with a major problem.
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My daughter also does real estate and she hates this new policy and pretty much has said everything that you pointed out.
When we were looking at properties in and around Carson City back in September we had two different realtors show us around and we didn’t get any of the personal questions that Eddie dealt with.
Each of them knew we were being shown different properties by the other.🤷‍♂️
 
WJCO said:
It's just been such a standard practice that buyers and sellers agents split 6ish percent for so long, the new ruling throws a wrench in it. Two I know aren't even in favor of the 6% split but it's just so standard that the new ruling throws so much unknowns that the corporations they work for force the new buyer's agent paperwork. It's ridiculous. It's more of a problem for buyer's agents than seller's.
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I get that it’s a way to insure they at least 3% bit to ask all of those personal questions is over the top.
 
OverlanderJK said:
I think 3% is old anyway. We paid closer to 2% on ours for both sides. A lot i see around here are 2% too with some offering an incentive of 3-3.5%.
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3% is just the average and it really depends state to state. In Nevada, it's been about there for a while now but I have seen it for less elsewhere.
 
Aceisback said:
When we were looking at properties in and around Carson City back in September we had two different realtors show us around and we didn’t get any of the personal questions that Eddie dealt with.
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That sounds about right to me. We literally looked at a property about a month ago out in Lyon County and got no weird questions and weren't made to sign anything.
 
What if the seller wants to have an open house? Will they make any random person that shows up sign the contract too? Seems pretty stupid.
 
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