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Are "realtors" just as bad as "banksters"

 
Idamo
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User ID: 1268162
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02/16/2011 10:14 PM
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Are "realtors" just as bad as "banksters"
That is do you think it is ok for them to profit on others misery while doing short sales, I realize they should get paid but don't you think 6% is a little much?

I think there should be a federal cap on what the lender can pay in terms of commission for short sales, 3% would be more than fair.

The reason is that guess who pays for that commission when the bank puts it in the "loss" column, that's right you and every other tax payer.(most of the time)

[link to www.azcentral.com]
Idamo  (OP)

User ID: 1268162
United States
02/16/2011 10:32 PM
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Re: Are "realtors" just as bad as "banksters"
In January of 2008, Bank of America paid $4 billion for Countrywide. Countrywide serviced about 9 million loans valued at $1.5 trillion dollars. Do you really want me to run the numbers on this deal?

[link to www.articlesbase.com]
Idamo  (OP)

User ID: 1268162
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02/16/2011 10:35 PM
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Re: Are "realtors" just as bad as "banksters"
Banksters of Amerika bought my house and 8999999 others for $444.00 each. How ya like them apples?
Anonymous Coward
User ID: 1260971
Canada
02/16/2011 10:41 PM
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Re: Are "realtors" just as bad as "banksters"
That is do you think it is ok for them to profit on others misery while doing short sales, I realize they should get paid but don't you think 6% is a little much?

I think there should be a federal cap on what the lender can pay in terms of commission for short sales, 3% would be more than fair.

The reason is that guess who pays for that commission when the bank puts it in the "loss" column, that's right you and every other tax payer.(most of the time)

[link to www.azcentral.com]
 Quoting: Idamo


Banksters, lawyers, insurance companies, realtors and preachers all belong in the same group. They all produce NOTHING and are a bunch of parasites.
Anonymous Coward
User ID: 1267744
Belgium
02/16/2011 10:43 PM
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Re: Are "realtors" just as bad as "banksters"
Capitalism, the system of the self, generates greed.
Anonymous Coward
User ID: 1267991
United States
02/16/2011 10:44 PM
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Re: Are "realtors" just as bad as "banksters"
Like bankers, they are parasites, but unlike bankers they can't print money out of thin air.
Anonymous Coward
User ID: 1260971
Canada
02/16/2011 10:44 PM
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Re: Are "realtors" just as bad as "banksters"
Banksters of Amerika bought my house and 8999999 others for $444.00 each. How ya like them apples?
 Quoting: Idamo


Go here and then click onto the "How to save your home" Maybe it's not too late!

[link to one-heaven.org]
Anonymous Coward
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United States
02/16/2011 10:46 PM
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Re: Are "realtors" just as bad as "banksters"
Banksters, lawyers, insurance companies, realtors and preachers all belong in the same group. They all produce NOTHING and are a bunch of parasites.
 Quoting: Anonymous Coward 1260971


You forgot politicians...
Anonymous Coward
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United States
02/16/2011 10:46 PM
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Re: Are "realtors" just as bad as "banksters"
A Realtor can list a property for 6%.. Commission are always negotible.. but, that means the buyers' realtor will get 3%, and the listing agent gets 3%.

Most banks only allow a 4% commission on a short sale.. 2% per side.. And, the realtors then have to split that 2% with their brokers.. so they end up with 70% of that 2%.
Moving

User ID: 1267479
United States
02/16/2011 10:48 PM
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Re: Are "realtors" just as bad as "banksters"
Truly I can't stand either one. They are "sliterins".
Mrs. Smith

User ID: 1110553
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02/16/2011 10:48 PM
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Re: Are "realtors" just as bad as "banksters"
Like bankers, they are parasites, but unlike bankers they can't print money out of thin air.
 Quoting: Anonymous Coward 1267991



But they can print titles "out of thin air".

In Hawaii, there is no such thing as a clear title - they're all bogus. The realtors know this but won't reveal it to you when they're after your cash and trying to sell you a piece of paradise.
"Imagination is more important than knowledge" - Albert Einstein

revstargazer (at) hotmail.com
Anonymous Coward
User ID: 1267991
United States
02/16/2011 10:51 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
Anonymous Coward
User ID: 1213803
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02/16/2011 10:58 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
 Quoting: Anonymous Coward 1267991


Speak for yourself... There are those of us who actually are quite ethical and make sure their clients are 'well informed consumers'... I'm proud to be a REALTOR, perhaps you're just referring to Sales Agents... and they are not the same....

...just sayin...
Anonymous Coward
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United States
02/16/2011 11:06 PM
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Re: Are "realtors" just as bad as "banksters"
Heavenism
Anonymous Coward
User ID: 1254124
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02/16/2011 11:09 PM
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Re: Are "realtors" just as bad as "banksters"
Trust me, Realtors earn every bit of what little money the banks have allowed them to keep post sale. Dealing with the banks is a nightmare, ESPECIALLY Fannie & Freddie.
Idamo  (OP)

User ID: 1268162
United States
02/16/2011 11:11 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
 Quoting: Anonymous Coward 1267991


Speak for yourself... There are those of us who actually are quite ethical and make sure their clients are 'well informed consumers'... I'm proud to be a REALTOR, perhaps you're just referring to Sales Agents... and they are not the same....

...just sayin...
 Quoting: Anonymous Coward 1213803





So you think it is "ethical" for the bank or lender to pay you a 6% commission and pass it on to the tax payer?




Just askin...huffy
Idamo  (OP)

User ID: 1268162
United States
02/16/2011 11:14 PM
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Re: Are "realtors" just as bad as "banksters"
Trust me, Realtors earn every bit of what little money the banks have allowed them to keep post sale. Dealing with the banks is a nightmare, ESPECIALLY Fannie & Freddie.
 Quoting: Anonymous Coward 1254124





So if our realtor sells short sells our home for say 280k you call $16,800 dollars PAID FOR by TAX PAYERS a "little" money?


wtf
Anonymous Coward
User ID: 57407
United States
02/16/2011 11:14 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
 Quoting: Anonymous Coward 1267991


That is do you think it is ok for them to profit on others misery while doing short sales, I realize they should get paid but don't you think 6% is a little much?

I think there should be a federal cap on what the lender can pay in terms of commission for short sales, 3% would be more than fair.

The reason is that guess who pays for that commission when the bank puts it in the "loss" column, that's right you and every other tax payer.(most of the time)

[link to www.azcentral.com]
 Quoting: Idamo


Banksters, lawyers, insurance companies, realtors and preachers all belong in the same group. They all produce NOTHING and are a bunch of parasites.
 Quoting: Anonymous Coward 1260971


Realtors are behind the fraud that caused the collapse.They inflated housing prices and committed all kinds of mortgage fraud.I hope they all suffer real good.s
Idamo  (OP)

User ID: 1268162
United States
02/16/2011 11:15 PM
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Re: Are "realtors" just as bad as "banksters"
Note to all realtors GTFO my thread!
Anonymous Coward
User ID: 711379
United States
02/16/2011 11:18 PM
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Re: Are "realtors" just as bad as "banksters"
Do any of You Retards know what a Realtor does or how
they get paid??

Let me answer that....NO!!!


Stupid Asses..putin
Anonymous Coward
User ID: 1254124
United States
02/16/2011 11:20 PM
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Re: Are "realtors" just as bad as "banksters"
Trust me, Realtors earn every bit of what little money the banks have allowed them to keep post sale. Dealing with the banks is a nightmare, ESPECIALLY Fannie & Freddie.
 Quoting: Anonymous Coward 1254124





So if our realtor sells short sells our home for say 280k you call $16,800 dollars PAID FOR by TAX PAYERS a "little" money?


wtf
 Quoting: Idamo


Yeah, like that $16K is a net amount..
Anonymous Coward
User ID: 1254124
United States
02/16/2011 11:21 PM
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Re: Are "realtors" just as bad as "banksters"


Realtors are behind the fraud that caused the collapse.They inflated housing prices and committed all kinds of mortgage fraud.I hope they all suffer real good.s


What you don't know could fill a book
Anonymous Coward
User ID: 1213803
United States
02/16/2011 11:22 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
 Quoting: Anonymous Coward 1267991


Speak for yourself... There are those of us who actually are quite ethical and make sure their clients are 'well informed consumers'... I'm proud to be a REALTOR, perhaps you're just referring to Sales Agents... and they are not the same....

...just sayin...
 Quoting: Anonymous Coward 1213803





So you think it is "ethical" for the bank or lender to pay you a 6% commission and pass it on to the tax payer?




Just askin...huffy
 Quoting: Idamo


You obviously don't know how to read... we don't get 6%!!!!! It is divided among the listing broker, the listing agent, the selling broker, the sellers' agent, and even sometimes, a REO 3rd Party... NO INDIVIDUAL AGENT GETS 6%... GET THIS IN YOUR HEAD!!!! WE EARN EVERY PENNY OF THE AVERAGE 2% WE END UP WITH... GET YOUR FACTS STRAIGHT...
Anonymous Coward
User ID: 1213803
United States
02/16/2011 11:23 PM
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Re: Are "realtors" just as bad as "banksters"


Realtors are behind the fraud that caused the collapse.They inflated housing prices and committed all kinds of mortgage fraud.I hope they all suffer real good.s
 Quoting: Anonymous Coward 1254124


What you don't know could fill a book


IT IS TRUE... WHAT YOU DON'T KNOW IS RIDICULOUS... YOU HAVE NO IDEA WHAT YOU'RE TALKING ABOUT...
Anonymous Coward
User ID: 711379
United States
02/16/2011 11:28 PM
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Re: Are "realtors" just as bad as "banksters"


Realtors are behind the fraud that caused the collapse.They inflated housing prices and committed all kinds of mortgage fraud.I hope they all suffer real good.s
 Quoting: Anonymous Coward 1254124


What you don't know could fill a book


Realtors Don't have the Abillity to Inflate Housing Prices,
or committ mortgage fraud..

Another Retard Fail!!
Anonymous Coward
User ID: 1213803
United States
02/16/2011 11:28 PM
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Re: Are "realtors" just as bad as "banksters"
Note to all realtors GTFO my thread!
 Quoting: Idamo


Oh... and one more thing... if you didn't want any fellow REALTOR GLPers to respond, then YOU shouldn't have posted this thread in the first place...
911Bob

User ID: 1067231
United States
02/16/2011 11:30 PM
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Re: Are "realtors" just as bad as "banksters"
The Banksters were involved in predatory lending practices. The Realtor has no control over this process. The Realtor helps a client buy or sell a property. The mortgage process is legally out of the Realtor's fiduciary responsibility.

Predatory selling? I think not. BTW...I am one.

So to answer your question. No

Last Edited by 911Bob on 02/16/2011 11:33 PM
Anonymous Coward
User ID: 711379
United States
02/16/2011 11:31 PM
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Re: Are "realtors" just as bad as "banksters"
Note to all realtors GTFO my thread!
 Quoting: Idamo


Oh... and one more thing... if you didn't want any fellow REALTOR GLPers to respond, then YOU shouldn't have posted this thread in the first place...
 Quoting: Anonymous Coward 1213803


I'm Not a Realtor.I'm Just here because I'm Shocked at
how Stupid these Retards are..

How Can you NOT know what a Realtor does???
Anonymous Coward
User ID: 994124
United States
02/16/2011 11:32 PM
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Re: Are "realtors" just as bad as "banksters"
Poster is an uneducated brianless moran who is so self deluded he thinks he can negotiate a legal contract between a bank and a seller for free...cheap douchebag.
Anonymous Coward
User ID: 1213803
United States
02/16/2011 11:34 PM
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Re: Are "realtors" just as bad as "banksters"
Note to all realtors GTFO my thread!
 Quoting: Idamo


Oh... and one more thing... if you didn't want any fellow REALTOR GLPers to respond, then YOU shouldn't have posted this thread in the first place...
 Quoting: Anonymous Coward 1213803


I'm Not a Realtor.I'm Just here because I'm Shocked at
how Stupid these Retards are..

How Can you NOT know what a Realtor does???
 Quoting: Anonymous Coward 711379


Thank you my friend for sticking up for us... I'm proud to be a REALTOR... do I think some are inept? Yes, the 80/20 rule applies here just like any profession... but if any of you here at GLP need to purchase or sell Real Estate, go hire a competent REALTOR and you will never go wrong...

...Peace...peace
Anonymous Coward
User ID: 57407
United States
02/16/2011 11:34 PM
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Re: Are "realtors" just as bad as "banksters"
Realtors are more like used car salesmen. Bankers are more like organized crime and the mafia.
 Quoting: Anonymous Coward 1267991


Speak for yourself... There are those of us who actually are quite ethical and make sure their clients are 'well informed consumers'... I'm proud to be a REALTOR, perhaps you're just referring to Sales Agents... and they are not the same....

...just sayin...
 Quoting: Anonymous Coward 1213803


bsflag





GLP