Dishonest property agents?!?

[Patrick]

It wasn't that long ago that ALL advertising came from the commission fees of the sale. (About 10 years ago from memory).

Funny how they changed this because it dipped into the agents commission monies... and how clever they were with the excuses...

"What if it doesn't sell" was my favourite... "work farken harder then and earn your commission and make it happen!!!" was my response....

[Drum]

And as property prices have been rising by 10 to 20% a year for the last few years, so too have the comissions.

Anybody else getting that kind of payrise?

[Patrick]

And as property prices have been rising by 10 to 20% a year for the last few years, so too have the comissions.

Anybody else getting that kind of payrise?

Good point......

[ManDownUnder]

And as property prices have been rising by 10 to 20% a year for the last few years, so too have the comissions.

Anybody else getting that kind of payrise?

No - but that argument also holds true for the downtimes which are coming...

As interest rates go up... house prices don't

[vifferman]

And as property prices have been rising by 10 to 20% a year for the last few years, so too have the comissions.

Anybody else getting that kind of payrise?

Ah - but you're assuming that they are getting an extra 10-20%. Of course, houses are harder to sell than they used to be, so when you average it out on an hourly basis they're no better off; it costs them more to sell them, because petrol prices have skyrocketed; blardyblah blah etc.

Them poor, poor agents. I feel a wee tear coming on...

Nope - it was just a dust speck in my eye....

But lessee... have I had that kind of payrise.... Hmmmm....
Last year? = 0%
The year before? = 0%
The year before that? = 1.5%
The 3 years before that? = 0%

Lesseee... add them all up... 1.5+0+0+0 = 15000% !!
(Creative Accounting 101)
Yeah, I know - I'm a dumbarse. My wife tells me as much, when she points out that I'm underpaid, and earning less in real terms (and only $11k more in $$ terms) than I was in 1996 ...

[Mrs Busa Pete]

Just a question for you all how much do you think the agent gets out of the commision that is charged when a house is sold ?. This is a genuine question.

[Hitcher]

Just a question for you all how much do you think the agent gets out of the commision that is charged when a house is sold ?. This is a genuine question.

It doesn't matter how much the agent gets. Somebody somewhere is banking the cheques and it's the total amount of commission paid that is the important figure. And the incentivisation is exactly the same, irrespective of the quantum. That is a genuine answer.

[vifferman]

I don't think about how much your average real estate agent gets, just that there are too many of them, and what Hitcher said.

[RantyDave]

It doesn't matter how much the agent gets.

Ick-fucking-zactly Mr Hitch. I don't give a rats arse where it goes other than it has left my pocket.

This is a genuine answer too.

Dave

[degrom]

"What if it doesn't sell" was my favourite... "work farken harder then and earn your commission and make it happen!!!" was my response....

I second that... LOL

[degrom]

Just a question for you all how much do you think the agent gets out of the commision that is charged when a house is sold ?. This is a genuine question.

Please explain...

I am interested in were the vendor's $15k is going in my case...