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Scoop.it!
A real estate developer who owns a $150 million spec home says the site falsely recorded that the property was sold for millions less. No comment yet.
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Scoop.it!
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Al Cannistra's insight:
OMG! - HOW MUCH does a real estate agent make? . It may surprise you…. $40,906 is the estimate although, NAR places it slight higher at $42,500 and by the way – that is GROSS earnings! . And then of course there are all the benefits – like – uhm, nope – there are none. No vacation, no medical, no, no, no. Of course there are some super start – but consider these median numbers mean a lot of folks make way less. Still want to get into the game – checkout the cost to play! . Want to know more about how the pie is split – checkout: https://www.sanantoniorealestate.blog/p/blog-page.html . .
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I’m not in the business of prejudging this one – but it is worthy of a heads up. IMO REALTORS® remain the best source for pricing your home – and marketing it for you. Local agents are licensed and trained like many other professionals. We know the business and the LOCAL market. The idea that homes are a commodity to be priced and sold like pots and pans or used cars is absurd. There are many variables. Mistakes can be costly – even catastrophic.
Fast forward to the latest fad concept of making the move painless by selling your home to a corporation and just moving on. Common sense says the corporations involved in the buying and reselling are doing so for a profit. Somebody loses money – somebody makes money – somebody figured out a way to create a middle entity to be that money maker. The marketing is not unlike everything else today – selling “convenience”. It is a shift from maximizing the return on your investment. If you have the money and do not wish to be inconvenienced, maybe it is right for you.