Comments on: Real Estate Agents: Why You Rarely Get What You Pay For http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html The offbeat personal finance blog for responsible people. Thu, 16 Feb 2012 20:41:50 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Carnival of Personal Finance #254: Inspiring Quotes http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-142836 Carnival of Personal Finance #254: Inspiring Quotes Sat, 21 Jan 2012 19:01:43 +0000 http://lenpenzo.com/blog/?p=1110#comment-142836 [...] Adam from Magical Penny presents We Love Our Houses…but Should We?, and says, “This article is not saying property is a bad investment – like any investment it can be both good and bad -but that the view that property should be your first financial priority should not simply be accepted: It may be the ‘default view’ of many people when they begin their adult lives but have you really considered your options?” Len from Len Penzo dot Com presents Real Estate Agents: Why You Rarely Get What You Pay For. [...] [...] Adam from Magical Penny presents We Love Our Houses…but Should We?, and says, “This article is not saying property is a bad investment – like any investment it can be both good and bad -but that the view that property should be your first financial priority should not simply be accepted: It may be the ‘default view’ of many people when they begin their adult lives but have you really considered your options?” Len from Len Penzo dot Com presents Real Estate Agents: Why You Rarely Get What You Pay For. [...]

]]> By: Fordham Lewis http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-140288 Fordham Lewis Sun, 20 Nov 2011 01:26:06 +0000 http://lenpenzo.com/blog/?p=1110#comment-140288 The concept of real estate agents are over valued is a interesting subject matter. I would agree an agents overall value has been deminshed in recent years. As the consumer is searching for homes online with specfic needs for themselves and can easily drive by a home themselves. Therefore the overall value of realtors has been devalued. As the work wasn't performed. Turning a key and signing a few papers isn't worth a 6 percent commission and I've been a realtor for 20 years. There was a day when realtors actually brought real value to the table and actually did the leg work of knowing their market. We knew the homes on the market as we walked through the homes once per week without clients. This was a must in my day to simply know what was on the market. Today, realtors and agents have become lazy and didn't like the leg work anymore. Yes, the public perception of our value has changed and we can blame ourselves for that. Our turnover is high due to poor business and marketing plans. Too many agents are underfunded and their idea of marketing is a cheap business card. Again, we can blame ourselves for the public's perception of our value. The concept of real estate agents are over valued is a interesting subject matter. I would agree an agents overall value has been deminshed in recent years. As the consumer is searching for homes online with specfic needs for themselves and can easily drive by a home themselves.

Therefore the overall value of realtors has been devalued. As the work wasn’t performed. Turning a key and signing a few papers isn’t worth a 6 percent commission and I’ve been a realtor for 20 years.

There was a day when realtors actually brought real value to the table and actually did the leg work of knowing their market. We knew the homes on the market as we walked through the homes once per week without clients. This was a must in my day to simply know what was on the market.

Today, realtors and agents have become lazy and didn’t like the leg work anymore. Yes, the public perception of our value has changed and we can blame ourselves for that.

Our turnover is high due to poor business and marketing plans. Too many agents are underfunded and their idea of marketing is a cheap business card. Again, we can blame ourselves for the public’s perception of our value.

]]> By: Jhayden http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139715 Jhayden Wed, 02 Nov 2011 03:50:53 +0000 http://lenpenzo.com/blog/?p=1110#comment-139715 As real estate agents we have the due right to claim what is legally for our efforts. As real estate agents we have the due right to claim what is legally for our efforts.

]]> By: 9 Steps To Sell Your Home Yourself in 30 Days http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139530 9 Steps To Sell Your Home Yourself in 30 Days Mon, 24 Oct 2011 19:41:43 +0000 http://lenpenzo.com/blog/?p=1110#comment-139530 [...] you ever sell your house by yourself?  What were your [...] [...] you ever sell your house by yourself?  What were your [...]

]]> By: Al Greatseller http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139509 Al Greatseller Mon, 24 Oct 2011 03:23:11 +0000 http://lenpenzo.com/blog/?p=1110#comment-139509 Many real estate agents are good at what they do which involves more than selling. For those of you with the knowledge, savy and time on your hands selling your own property is great go for it. For those who lack knowledge, savy and time use a professional. By the way don't forget advertising, time and other factors that go into selling a home. It's not all gravy. Many real estate agents are good at what they do which involves more than selling. For those of you with the knowledge, savy and time on your hands selling your own property is great go for it. For those who lack knowledge, savy and time use a professional. By the way don’t forget advertising, time and other factors that go into selling a home. It’s not all gravy.

]]> By: Tim http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139363 Tim Tue, 18 Oct 2011 15:10:03 +0000 http://lenpenzo.com/blog/?p=1110#comment-139363 Good post. I think using a Realtor is worth while. My friend just used the service called Sundaybell? Anyone else heard of them? They allow you to interview agents online and negotiate services and commissions that best fit your budget. He hooked up with a top agent in the area for way under 5%...said it was easy, worth a look imo. Tim Good post. I think using a Realtor is worth while. My friend just used the service called Sundaybell? Anyone else heard of them? They allow you to interview agents online and negotiate services and commissions that best fit your budget. He hooked up with a top agent in the area for way under 5%…said it was easy, worth a look imo.

Tim

]]> By: Your Questions About Real Estate Agent Fees | Real Estate Answers http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139173 Your Questions About Real Estate Agent Fees | Real Estate Answers Tue, 11 Oct 2011 18:05:14 +0000 http://lenpenzo.com/blog/?p=1110#comment-139173 [...] LIST. Its all here!First Time Home Buyers? Hire a Real Estate Agent!Finding A Real Estate AgentReal Estate Agents: Why You Rarely Get What You Pay For var analyticsFileTypes = ['']; var analyticsEventTracking = 'enabled'; var _gaq = _gaq || []; [...] [...] LIST. Its all here!First Time Home Buyers? Hire a Real Estate Agent!Finding A Real Estate AgentReal Estate Agents: Why You Rarely Get What You Pay For var analyticsFileTypes = ['']; var analyticsEventTracking = 'enabled'; var _gaq = _gaq || []; [...]

]]> By: Your Questions About Real Estate Broker Salary | Real Estate Answers http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-139100 Your Questions About Real Estate Broker Salary | Real Estate Answers Sun, 09 Oct 2011 06:33:48 +0000 http://lenpenzo.com/blog/?p=1110#comment-139100 [...] Real Estate Training Guide- Precisely How To Become A Effective San Antonio Real Estate AgentReal Estate Agents: Why You Rarely Get What You Pay For var analyticsFileTypes = ['']; var analyticsEventTracking = 'enabled'; var _gaq = _gaq || []; [...] [...] Real Estate Training Guide- Precisely How To Become A Effective San Antonio Real Estate AgentReal Estate Agents: Why You Rarely Get What You Pay For var analyticsFileTypes = ['']; var analyticsEventTracking = 'enabled'; var _gaq = _gaq || []; [...]

]]> By: Don’t Be a Wimp! 22 Things You Should Always Haggle For. « Len Penzo dot Com http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-100555 Don’t Be a Wimp! 22 Things You Should Always Haggle For. « Len Penzo dot Com Mon, 12 Sep 2011 07:18:11 +0000 http://lenpenzo.com/blog/?p=1110#comment-100555 [...] estate commissions. Yes, real estate agents are expensive, but internet-based FSBO services are encouraging many to accept rate reductions of a percentage [...] [...] estate commissions. Yes, real estate agents are expensive, but internet-based FSBO services are encouraging many to accept rate reductions of a percentage [...]

]]> By: 21 Reasons Why Corner Lots Are for Suckers | Money Talks News http://lenpenzo.com/blog/id1110-real-estate-agents-why-you-rarely-get-what-you-pay-for.html#comment-75488 21 Reasons Why Corner Lots Are for Suckers | Money Talks News Thu, 01 Sep 2011 14:23:01 +0000 http://lenpenzo.com/blog/?p=1110#comment-75488 [...] still looking to buy a home, I thought I’d save you a serious case of buyer’s remorse.Don’t be fooled by real estate agents who try to tell you that corner lots are highly desirable. They’re not.Oh sure, you’ve [...] [...] still looking to buy a home, I thought I’d save you a serious case of buyer’s remorse.Don’t be fooled by real estate agents who try to tell you that corner lots are highly desirable. They’re not.Oh sure, you’ve [...]

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