Subprime 'crisis' is just how our free market works

[Lake28804]

Realtor as well wrote:

<quoted text>
No nerve. I said bring it on and we have a self purging process.

Yes you've mentioned the self purging process before...but you won't elaborate. Let's hear about the self purging process. I'm guessing it involves those that don't sell anything eventually give up and go away so they won't starve to death. That is for sure a self purging process but it doesn't weed out the unethical realtors. They're the ones still there!

[dumasses]

you are both scum. sleeping with the enemy. you caused your own demise. lies and greed. hope you scammed enough money to live for the rest of your lives. or you can flip burgers. no wait, that would put an illegal alien out of a job. soup kitchen. haha

Realtor as well wrote:

<quoted text>
Oh, I am a realtor all right. Over 20 years. And if you are a lender, you are scum if you deny many lenders prey on poor folks with suspect credit and make way too much than they should. I have seen the closing statements, my friend.

[Mark]

The LOWEST OF THE LOW SCUMBAGS are REALTORS. They would sell you a sink hole without thinking twice. NEVER HAD A GOOD EXPERIENCE WITH A REALTOR. NEVER. FSBO or you're stupid.

[Realtor as well]

Carol wrote:

<quoted text>
Mortgage brokers and lending institutions are regulated by the Banking Commission at a state level and lenders have many federal regulatory agencies. The public needs relators as their advocate? I don't think so. I buy and sell my own houses without the $20,000 fee you would get. I know I am operating in my own best interest. I doubt you would be. Someone asked you previously about your self purging process. What is it?
Realtors are the lowest of all the categories involved in this comedy of errors. I have had realtors insist on using "their" appraiser, home inspector, closing attorney and mortgage broker. What a sham.

Carol, we laugh at idiots such as yourself that sell your own houses. I will bet you took 10-20% less than value to not have the hassle.
And the buyer saved a lot of money by dealing with an uniformed self righteous person such as yourself.
you probably wasted the time of a realtor(s) to HELP set your value, too.

[Carol]

Realtor as well wrote:

<quoted text>
Carol, we laugh at idiots such as yourself that sell your own houses. I will bet you took 10-20% less than value to not have the hassle.
And the buyer saved a lot of money by dealing with an uniformed self righteous person such as yourself.
you probably wasted the time of a realtor(s) to HELP set your value, too.

Laugh all you want. I had an appraisal done first and set the selling price above the appraisal. I got the comparable properties sold around me and I didn't waste anyone's time. I paid for what I got fair and square. I also sold for slightly higher than appraised value and for more than any other properties within 1 mile. I made money on the transaction and everyone was happy in the ended. Realtors are not needed.

You just keep laughing. As houses sit on the market for months and fewer and fewer even list their houses with realtors I imagine a lot of you realtors will be "self purging" pretty darn soon.

Note to everyone on here. Do not waste money on a realtor. A good appraiser and attorney is all you need. Save thousands and thousands of dollars and do not be scammed and conned by these greedy, unscrupulous people who are too lazy to work like everyone else. I'll be happy when they are all selling used cars at Auto Advantage.

[average joe]

I hate real estate agents too. My first sell and buy another transaction I used the same agent who talked me into selling my house for much less than I should have and for buying much more than I should have. I was young and stupid. Live and learn but they will take advantage of you any way you will allow. Best to not deal with them at all. The internet is what sells houses today anyway. I found my latest house on a FSBO sight. It worked out great and saved me $18000 which is what the seller would have added to the price to cover a lardazz agent's commission for opening the front door for me.

[Realtor as well]

average joe wrote:

I hate real estate agents too. My first sell and buy another transaction I used the same agent who talked me into selling my house for much less than I should have and for buying much more than I should have. I was young and stupid. Live and learn but they will take advantage of you any way you will allow. Best to not deal with them at all. The internet is what sells houses today anyway. I found my latest house on a FSBO sight. It worked out great and saved me $18000 which is what the seller would have added to the price to cover a lardazz agent's commission for opening the front door for me.

I think you mean site, not "sight", Mr Brilliant.

[Realtor as well]

Carol wrote:

<quoted text>
Laugh all you want. I had an appraisal done first and set the selling price above the appraisal. I got the comparable properties sold around me and I didn't waste anyone's time. I paid for what I got fair and square. I also sold for slightly higher than appraised value and for more than any other properties within 1 mile. I made money on the transaction and everyone was happy in the ended. Realtors are not needed.
You just keep laughing. As houses sit on the market for months and fewer and fewer even list their houses with realtors I imagine a lot of you realtors will be "self purging" pretty darn soon.
Note to everyone on here. Do not waste money on a realtor. A good appraiser and attorney is all you need. Save thousands and thousands of dollars and do not be scammed and conned by these greedy, unscrupulous people who are too lazy to work like everyone else. I'll be happy when they are all selling used cars at Auto Advantage.

I'll just bet your a dyke.

[average joe]

Realtor as well wrote:

<quoted text>
I think you mean site, not "sight", Mr Brilliant.

Yes I did. Funny that's all you have to say! I condemned your entire profession and you corrected me on a spelling error which you are correct about! Looks like I am correct too! Happy unemployment.

[Mark]

Realtor as well wrote:

<quoted text>
I'll just bet your a dyke.

I'll just bet you are a fat a$$ middle aged bag of hot air that couldn't get a real job if you tried and you're probably getting bitter about now. Because a woman is smart and savvy and won't let realtors con her, she is a dyke? You're a scream! But then all realtors are and we'll all enjoy watching them scream over the next few years. Average Joe is right. The internet is the wave of the future of selling and buying houses.

[Carol]

Realtor as well wrote:

<quoted text>
I'll just bet your a dyke.

Wrong as usual. Happily married, mother and working woman who is earning in the six figures. How are those commissions going for you? Since you're so big on spelling it should be "you're a dyke", not "your a dyke".

[Lake28804]

Realtor as well wrote:

<quoted text>
I'll just bet your a dyke.

Lol! And if that were true, what? The opinion wouldn't matter? You are showing your true colors now. I like that. Now go self purge.

[Dillon]

Realtor as well wrote:

<quoted text>
Carol, we laugh at idiots such as yourself that sell your own houses.

The realtors I know right now are not laughing about the decrease in their business, the fact that many, many can't get a mortgage, that prices are going down and best of all, that more and more people have the wherewithall to sell their own houses and save tons of money. The laughter is but a faint memory of what used to be for realtors. I for one do not feel bad for them.

[OutofTown Local]

Carol wrote:

<quoted text>
Mortgage brokers and lending institutions are regulated by the Banking Commission at a state level and lenders have many federal regulatory agencies. The public needs relators as their advocate? I don't think so. I buy and sell my own houses without the $20,000 fee you would get. I know I am operating in my own best interest. I doubt you would be. Someone asked you previously about your self purging process. What is it?
Realtors are the lowest of all the categories involved in this comedy of errors. I have had realtors insist on using "their" appraiser, home inspector, closing attorney and mortgage broker. What a sham.

I walked out on two different offers to two different agencies in 2001 due to the same "stacked deck" scenario.

The market was on the seller's terms then. The pirannhas were to dominate the entire industry soon thereafter.

Prices were escalating $20,000 in a month's time.

You were encouraged to make on the spot contract offers because it may be gone within a day or two.

The asking price on one house I walked away from because of the high pressure increased $45,000 within 6 weeks.

One realtor told me that the people that lost their shirts in the dot-com fiasco were trying to recoup their losses by buying numerous houses because of the feeding frenzy.

Government Regulators didn't do their job either because there was always tax money involved with every sale.

Looking back on it I have to compare it to the movie "Wall Street" where Michael Douglas played Gorden Gekko.

Definitely a pump and dump sensation with the home price getting pumped up to satisfy the greed of the market.

[OutofTown Local]

Carol wrote:

<quoted text>
Laugh all you want. I had an appraisal done first and set the selling price above the appraisal. I got the comparable properties sold around me and I didn't waste anyone's time. I paid for what I got fair and square. I also sold for slightly higher than appraised value and for more than any other properties within 1 mile. I made money on the transaction and everyone was happy in the ended. Realtors are not needed.
You just keep laughing. As houses sit on the market for months and fewer and fewer even list their houses with realtors I imagine a lot of you realtors will be "self purging" pretty darn soon.
Note to everyone on here. Do not waste money on a realtor. A good appraiser and attorney is all you need. Save thousands and thousands of dollars and do not be scammed and conned by these greedy, unscrupulous people who are too lazy to work like everyone else. I'll be happy when they are all selling used cars at Auto Advantage.

__________

Good analogy to the car salesmen,they do have the same tactics,just a different tax bracket.

I encountered a lot of newbies to the profession that had other jobs and couldn't give full attention to the client.

One explained she had a large "customer basis" as the reason her time was limited.

She should have known the term was "customer base".

That was a significant reason I moved on to another agent.Her lack of understanding of basic terminology gave her away as inexperienced.

[OutofTown Local]

Carol wrote:

<quoted text>
Wrong as usual. Happily married, mother and working woman who is earning in the six figures. How are those commissions going for you? Since you're so big on spelling it should be "you're a dyke", not "your a dyke".

__

Carol, if you go back through the thread you will see he has resorted to school yard style name calling several times when called on specific facts.

It makes the point of how two faced many of them can be. I dare say he wouldn't treat a client with such brazen contempt.At least not until the sale was made.

Wonder why he doesn't identify the agency he works for?