jmhogan wrote:QUOTE: It all just boils down to money and greed in Real Estate in my opinion.
1.This is painting everyone with the same brush and is completely unfair and false.
I have honestly sold houses for ZERO commission for clients because they didn't have enough equity. I would tell house flippers if I was making more then them on a sale it was not a good deal for them.
I would make sure clients bought the right house not any house. I told you the good bad and ugly about a house. I was never focused on greed. I never sold one house over another because of commission.
I also left a Brokerage that charged 5% for a Brokerage that charged 3.75% because I didn't think people needed to pay 5% to get their home sold and could get the same service for less.
I also never mentioned hiring firms to keep prices high. Prices are kept high based on the demand and what a Buyer is willing to pay. 2.In Canada the banks and government set new standards to try and slow down the market it has not happened the buyers are just pushing full steam ahead.
Things are very different here with the main reason being you do not own the land. If you owned the land the market here would be vastly different.
Long Story short not all Realtors or here in Thailand Real Estate Consultants are the same.
1. I wasn't talking about just Real Estate Agents, I was talking about Builders/Developers, House Flippers, Home Owners and Investors everyone wants to get rich off of Real Estate.
2. How many of those buyers were Foreign buyers or 'Real Estate Investors' wanting to make 250% profit?
I have a lady friend that is a Real Estate agent in the U.S. that brags about selling homes to wealthy Chinese.