Archive for the 'Real Estate News' Category
60 Minutes - What Everybody Ought To Know About Real Estate Commissions
May 13th, 2007 categories: Real Estate News
Today I watched a tabloid style presentation from 60 Minutes about Chipping Away At Realtors’ Six Percent. There are dozens if not hundreds of people incarcerated for this perspective of preconceived notion. During my 20 plus years in the Criminal Justice System I was taught to investigate to find the person innocent. If s/he is guilty that guilt will stand out. 60 Minutes took a very slanted approach to the subject she reported on. The questions posed to the REALTOR® were more like an interrogation.
First, not all commissions are 6%. Some are lower, some are higher. I have listed numerous homes for 7%. There are Realtors who manage to get 8% or more. Commissions are negotiable. I have had clients tell me that I should have charged more. I don’t want to charge more. What I charge is fair and reasonable for that client. Commissions are negotiable. Its not a fixed rate.
Authored by Doug Trudeau | Discussion: 4 Comments »
Home Sellers, Buyers, and Realtors Beware of Zillow’s Zestimate
April 25th, 2007 categories: Real Estate News
Zillow seemed like a good thing for Realtors in the Tucson Real Estate market. Allowing Realtors to assist Sellers in getting their home before more Buyers when Zillow announced Q&A. Being reasonable, I thought I would give Zillow a try. Maybe things had gotten better. I ran one home for a while to test it. No Zestimate came back on it. It seemed like a good forum to get offer one more service for my clients. So, today I entered another home. Boy was the Zestimate off.
My partner and I ran independent comparisons and came up with similar information. Three other Realtors who competed for the listing came up with…
Authored by Doug Trudeau | Discussion: 1 Comment »
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