Pointing out someone is a quack is also a great way to keep differing opinions out of a discussion and thus make sure that rational discourse is avoided on issues that are useful to the person pointing.
It's always useful to think of these situation in circumstances where you don't have any emotional involvement because otherwise you mind can play tricks on you.
For example imagine you are a European Scientist who really wants to fit every animal onto tree structure with mammals over here and squid here and all the animals fall into some easy to understand structure that makes total sense to you.
And some weird guy comes back from Australia with natures most awesome animal the platypus. A furry creature that lays eggs with poison feet. Your simple identification chart is totally jacked. It way easier to say he is a quack that evaluate the evidence you don't like. Heck it's totally inconvenient that your life's work is wrong, it's going to cost you money and esteem.
tldr; pointing out a quack is a great excuse for avoiding evaluating their arguments but refutes none of them. Everyone's time is valueable and figuring out what adventures to spend it on is important. Confusing that reasonable justification of where to spend your time with their argument being false is a dangerous habit to get into. You end up always thinking you are right and avoiding things that challenge your beliefs.
In the MLS listing, you put the amount of commission you are offering for buyer's agent. Then the real estate lawyer draws up the final contract with that included and it comes out of what you get. For direct person to person, I imagine you can just skip that part. If you put that you are willing to pay 0% commission, I think what will happen is that everyone who is actually relying on their buyer's agent to source houses to look at will not be brought to your property, as there is nothing in it for them.
You might lose out on a profitable bidding war, or the one customer who might buy the house coming through by doing that, but you might get an extra 2.5% if it works out.
I can see some of the expertise coming into play on the selling side.
Can you give me a few examples of what kinds of value one gets while buying?
From what I can tell the main service that my realtor offered when I buying my place was access to the MLS. We found the houses we wanted to look at and he gave us access.
Dollars per hour he was doing very well working with me, although I might be an exception.
In my most recent homebuying experience, my realtor was able to point out several facts about the house based on the surrounding market that saved me about $40k. It also helps that I don't pay for the realtor on the buy side.
What's your argument against a good realtor who saves you any amount when it's coming out of the seller's fee?
Edit: By the time you've come to visit a home you're buying, the seller has already agreed to the commission percentage with their agent. The money is already spent.
The money from the seller isn't free. For example there is a chance that I could get them to sell the house to me for less than what I am buying it for. If for example the seller met me half way on those fees that's a decent amount off of cash.
When I was buying my home the loan person I worked with is family so she helped me more than my realtor. Looked into neighborhoods for me etc. It could be that they were looking out for me more than normal.
I am in a market where houses sell instantly, more or less you look at a house and make an offer within out 24 hours or else it's gone. Which is crazy but the realtor didn't even get much of a chance to look into things here for us.
>Can you give me a few examples of what kinds of value one gets while buying?
If a buyer is unfamiliar with the area (e.g. job relocation), a competent agent can point out the desirable & the unpublicized undesirable aspects of particular neighborhoods. The agent knows the area intimately and that knowledge can be worth paying for to avoid buying the wrong house.
If I'm living in the same house for 20 years and I see a house right down the street from me go up sale that would be perfect for my elderly parents so I could keep an eye on them, I wouldn't need a buyer's agent since I would already know more about that house/neighborhood than any agent would.
> If a buyer is unfamiliar with the area (e.g. job relocation), a competent agent can point out the desirable & the unpublicized undesirable aspects of particular neighborhoods.
This is just utter rubbish. Buyer's agent has absolutely no incentives to publicize undesirable aspects as the agent is still paid half of the commission on the sale price which means that the agent has all the incentives to inflate the price.
But lets pretend that this is the exclusively buyers agent? Well, the thing is - if this buyer's agent is not working for buyers only brokerage he or she is still going to be not on a right side because the brokerage needs cooperation of the sellers agents. In fact, the customer of a buyers agent is seller's agent, NOT the buyer. Even worse, where a buyer can do 2-3 transaction via agent ( unlikely really but possible ) the agents that represent the other side are likely to do dozens of transactions with him or her.
It is even worse for the buyer only brokerages ( they do exist but they are super rare ).
Seems like an awful large price to pay for some low-quality, fear-mongering, dog whistling. Seems like a great way to encourage people to spend more than they want to!
Agreed. If we address poverty it will remove most racism. Most racism is classism in disguise.
Heck, most people confuse the two when they are being discussed.
Is this under the assumption that whites aren't discriminated against? Because ooooooweeee is that a invalid assumption. Especially in this day and age. I feel as if I'm not allowed to talk anymore because my white male view is suppressing the minorities. And I'm not joking or being snarky, I've been made to feel this way through several racist (towards white people GASP!) remarks.
I understand that. But have you considered the possibility that people in other categories have felt that way the whole time, and have only recently reached a level of confidence and/or frustration that they're willing to be openly dismissive of your viewpoint? Put another way, this not-so-great but relatively new reality for you has been the norm for many other groups of people and they're sick of it and have stopped playing along with it. That's not your fault, and indeed it is frustrating to be treated as a category member instead of an individual, but the discrimination those people previously experienced wasn't their fault either.
My email is my username at gmail if that's easier for you.
Thanks in advance