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Sovcit thinks the real estate agent is crazy.
(lemmy.world)
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this post was submitted on 01 Jul 2024
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Why? Mine did a shit ton of work for me and fought the sellers to get them to do the shit the appraiser wanted done.
As well as working for almost a year looking at different houses before we finally found the right one
3% (as customary is 6%, split evenly to each realtor) of 485100 is about 15k
So a few hours of emails and phone calls is somehow $15k worth of work?
They probably had 50 other clients also during that time. Some of them pan out and is the 15k payday. Ultimately they only need to sell (or buy) like 10 houses a year to make a better living than you likely have. Less than 1 a month.
Mine didn’t get anywhere near that much and I think she earned every penny of it.
I tried to go at it without one at first and I know exactly how hard that was, I have no doubt that she earned every penny of what she got.
Also is it illegal to tip a realtor or mortgage loan officer?
Because they both refused the money I tried to tip them very quickly and firmly.
In some states it's illegal and in some others just highly discouraged to tip your realtor. A top to your mortgage loan officer would probably look like a bribe. Not sure outside the US though.
That’s understandable but a shame at the same time.
They both worked really hard for me, so far as them being the ones to text me after 5 about something