So. Selling a house fucking sucks.
 

Wake me up when it's sold and we have already moved in to our new place.

K thanks... :Oh crap

Amen . . .

do you mean the buyer finding process? or the showings?

Everything really.

From listening to people talking shit. And the ridiculous fee's that come with it. To the selling itself. Agreeing on where to live next and not make the same mistakes as before. To the actual move itself. Packing. Setting up everything again exactly how we want it.

I could be doing without it all right now to be honest. Got far too much other shit going on at this time.

But it does make sense for us to move now so, time to get on with it I suppose... :helpme

I feel your pain.

We're listing our place within weeks.

yeah im not looking forward to it. i think one of the most pain in the ass parts is keeping your house showroom ready for showings all the time, especially with kids.

Sold my place in exactly 5 days. The only problem was I hadn't purchased another house. :pimp

I don't understand the issues with packing and moving. I think that's because I am not a pack rat, tend to throw away anything I do not need, and also because I worked on moving crew. We would show up on a Monday, pack a house, move it into a truck on Tuesday, unload it Wednesday, and unpack it Thursday.

My wife and I have only moved a handful of times and each time we were quickly unpacked.

Ugh, not what I want to hear. Wife and I are talking about moving in the next year or so. I don't have a lot of patience as is.

I work for one of the largest real estate brokerages on the planet if anyone needs help you can hit me up. In real life, I specialize in ohio but we have offices everywhere.

Knowing those real estate agents/companies make a total of 6% off every sale makes me cringe. WAY overpaid. I sell tons of advertising to them every month and know hundreds of them. Believe me they are overpaid.

Also many markets in the USA are peaking again. Not the best timing i you are looking to buy.

6% is really 3% a piece for each broker, because most deals have two competing brokers in the transaction. Then that 3% is again split into a commission for the agents. Assuming the standard 50-50 split on the sale of a home in the 100k price range the agent will get 1500 and the broker will get 1500. Out of that 1500 the agent will have to budget his funds, what if that his only deal that month? Or for 3 months? What about the gas time and energy he spends making his clients happy? What about taxes? The broker has to pas his bills be liable for the agent and the deal and pay people like you who thinks he makes too much for advertising and other services :winkwink:. Im not bitching sure there are some who get over and are lazy and overpaid for their efforts but the market sets the pay. And all commission is negotiable. So no one makes a set commission off every deal. In my part of the country alot of the homes sell for under 100k, decent homes. The owners want to be treated the same as the guy selling a 400k home however.

Location: Glasgow, Scotland

How does selling a house suck? What do you mean listening to people talk shit?

A realtor should be handling your showings. Why are you even there to be able to hear the shit talking? That would make people feel uncomfortable and want to leave right away without fully checking the house out

I'll probably be doing the same next year. Has to be done but not looking forward too it.

once we found our buyer it was done in 2 weeks for us. Then the move which we just completed and this places is still a mess.

If you live there you are there, even if your realtor does the showings. Better save the 3% and do it yourself then :winkwink:

incoming lecture on the need for a real estate agent

Are you downsizing or moving on up Scott McD?

So you on not actually know any of their costs, how many employees they have, their broker split, or anything else, but they all make too much, because you feel it. Gotcha.

Actually looking at downsizing. The house we are in just now is actually way to big considering we don't have (and not really planning any) kids.

Downsizing but moving to a location that better suits me for family and lifestyle reasons, which is more appealing right now.

So having a nice big house is one thing. But it doesn't guarantee happiness though...

If you are already hating it then it's about to get a whole lot worse. I enjoyed the selling my old house and buying my new house part, moving itself was an absolute bitch. My wife started packing up our house the day we sold it, even tho we hadn't bought our new one yet. All in all, she packed for about 6 weeks, little bits at a time here and there.

Thankfully we had a bunch of good friends help us on the day of the move and a big ass U Haul truck that fit everything in one go. Took us around 6 hours from first item going in the truck to last item coming off the truck and into the new home.

Good luck dude, I know you are not a patient person but you're going to have to control it, moving is not easy.

just throwing away all my stuff if I move again. problem solved

Any affiliates willing to take 6% hit me up.
:1orglaugh

Sell your own property.

if your paying 6% either you have a 100k house or are an idiot :2 cents::2 cents::2 cents::2 cents:

In the UK you pay 2% fee. North America is a brokers dreamland. Everyone enjoys getting fucked in the ass and paying more for stuff.

Yeah I never liked moving either and I was in the military years ago. Where are you moving?

I think its about 4% here? I could be wrong, in any event its wayyyy too much as the majority of real estate brokers are hopeless and any clown could do the job. I am still pissed off at the useless idiot I used when I bought my place. Taking us to absolute shit holes. Finally I found a place myself that was showing an open house and I made an offer. He made a commission for absolutely nothing.

It was my first place so lesson learned, won't happen next year when we buy again.

I think its 5%. I know when we bought our place a few years ago our agent had to split it with the selling agent so she only got 2.5% but if there is only one agent involved, they would get the entire 5%.

edit..apparently there is no set rate, and it can vary.

Sounds to me like your chick runs your life. you are more concerned about what she says and dont have the balls to stand up to her thus causing you stress.

"I could be doing without it all right now to be honest" "but it does make sense for us to move now so..."

part 1 it sounds like you talking. part 2 it sounds like her talking and you just using what she tells you as reasoning. but in reality you are going against what you really want.

you need to stand up and be a man or she is going to be running you for the rest of your life. its small things like these where women will test you, grab you by the balls and never release them.

ahhh perspective. lol

The last house I sold was a pretty unusual modern home. I advertised and sold it on my own but I also included "broker/agent protected" in the house description. Paying 3% to an agent would have been worth it and quite a few brought their clients by.

Couldn't be more wrong actually.

The move suits me. Closer to my family, which at the time is important because of some family health problems, and brings me closer to my friends again.

My wife loves our current house, and her family is close to here, but she knows i'm not happy so is moving to please me.

It's more the timing that sucks than anything else because of other shit I have going on right now, but it still makes sense to make the move sooner rather than later. I just wish things were easier and less stressful...

About that 6%. Why do people pay 6 and not 3? It should be split - seller of the house pays 3% to his broker for selling and buyer of the house pays 3% to his broker for finding the house. I never understood how does it turn out that seller pays all 6%.
Rip off.

im sorry for blaming her, but now i can see clearly you are just the little whiny baby type.

"sucks" "i have so much going on" "just wish things were easier" "closer to my friends"

LOL you sound like a woman on her period honestly.

It doesn't have to suck.

First, know the market. If house prices are falling and you're not in a rush, don't sell. If you want to sell, set your price and stick to it. Tell your realtor you're not interested in hearing from him or her unless the offer is legit and for your price or more.

Always use a realtor. The commission (usually about 4%) is entirely worth it.

Next where possible, sell your house "as is" without guarantees (roof, foundation, etc). You don't want the buyer to come back to you later complaining about a problem you didn't even know about.

In Melbourne you pay 2 to 2.5% commission on an Auction. Clearance rates are 75% - 85% so if you're within 10Km from the city you can guarantee your house will sell first time around. Demand for housing is insane here.

It's not unheard of for fairly average houses to go for up to $150,000 above reserve price.

Commfree is getting pretty popular down here buddy, you should give it a try in a hot market like Toronto. You will get agents coming and asking if you offer a fee if they find you a buyer tho, but give them 2% and they will be more than happy, likely all they would get if you had an agent and they dealt with them.

Commfree comes out and takes photos of your place, gets you listed on MLS and other networks and I believe it's only $500 or something like that.

Just wait till you find a buyer and agree on a price and then the appraiser comes in and doesn't know his shit and fucks you with a low appraisal.

I had this happen on a home I sold recently. Luckily the buyers knew it was bullshit so we were able to negotiate a happy medium on the price. It still cost me 5 figures in the end!

And on the agent fees, if you are selling your house for a decent amount, that figure is 100% negotiable. If you are under 200k, not so much.

after looking into moving costs, I've decided it's much cheaper to just buy everything new, and store everything at our house until we come back in a few years, seems crazy.

Over here it's 3% for the first 100k and then 1% or %1.5 percent for every 100k afterwards

Considering the median house here is 1 million dollars, real estate agents can make decent money.

The high commissions that many real estate agents make is just one of those "scams" that exist in our society kind of like the 15 -20% that waiters and bartenders make. I put myself through college and funded many overseas backpacking trips by serving/bartering and considering the amount of work that I did and the skill level involved I was overpaid. The chefs made less money than I did and they were much more skilled. It is an injustice that continues in many restaurants to this very day. I have rarely met a real estate agent who impressed me where I thought they could make as much money in a career with a higher skill set as they do with real estate.

Sucks? You have enough money for two homes? :upsidedow

As a real estate agent Im a bit biased, of course but I can understand how a group of people with entrepreneurial mindsets wouldnt see the value in using a professional to represent them. Most of you guys are way more independent thinkers than that of the general public. I would reckon about 60% of our business comes from for sale by owners, after they have tried to to do it themselves and failed. Alot of people dont realize how much control and power they have in a transaction, you can set your terms and command your agent to follow any lawful instruction.

You are right in both cases :thumbsup

Been a realtor for a year or so (HATED IT), You are in the obligation to present all offers, good or bad. And we have here what we call 'Hidden Vice' law, so even if you sell without 'Owner Legal Warranty' they can still get your ass if something really wrong was there. Even if you didn't knew about it, that why the vice was 'hidden'. Not talking about the one the seller/owner knows about and hides it, this is not a 'hidden vice', this is a Fraud!

:thumbsup

Funny..We are doing the EXACT same thing. We are in a pretty large house and the market spiked fast. We're cashing out the equity. No more kids, so why not downsize, put a large lump down from the equity and not worry about house payments in a few years?

We basically went from a 12 payoff year plan, to a 4 year plan. I do have to agree with you: The whole process is a pain in the ass. From the listing, the strangers in the house, the demands, the fees, and the upcoming move.

Best of luck to you!