Homeowners rethink commutes with high...

Homeowners rethink commutes with high gas prices

There are 3 comments on the Chicago Tribune story from Aug 12, 2008, titled Homeowners rethink commutes with high gas prices. In it, Chicago Tribune reports that:

Real estate agents say the cost of gas is putting a damper on home sales in some rural areas.

Join the discussion below, or Read more at Chicago Tribune.

aullman

United States

#1 Aug 12, 2008
Moving is not the only option for suburbanites dealing with the high cost of commuting long distances. Many workers can take advantage of a new option available to office workers around the country – Remote Office Centers. A Remote Office Center leases individual offices, internet access, and phone systems to workers from multiple companies in shared centers around the suburbs. Cheap commuting is a thing of the past. Millions of people have migrated to the suburbs during the era of cheap gas, and most of these people can not move back.

For those who spend their entire day working on computers and the phone, the best answer is to work remotely. People who are interested in working remotely can do a web search on “Remote Office Centers”– in quotes.
Larry Knowles

Ionia, MI

#2 Aug 12, 2008
We have developed a website ( HutHound.com ) to help sellers relocate while retaing more of their equity, while saving buyers money. Using HutHound.com is absolutely free. When a seller posts their property without using a realtor, the seller can list their property for 3% less than the market's value. With the average realtor commission at 6%, the seller actually ends up with 3% more than had they used a realtor, while the buyer spent 3% less. This win-win situation is being called the "HutHound Way".

When a seller offers their property for 3% less, more buyers become interested. And after an offer, the seller retains more of their hard earned equity.

HutHound.com is funded by vendors that are associated with real estate transactions. The use of the vendors is not required, but the links to the vendors can help a seller and buyer with the real estate transaction.

“Full service, discount broker”

Since: Apr 08

Chicago, IL

#3 Aug 13, 2008
Larry Knowles wrote:
With the average realtor commission at 6%, the seller actually ends up with 3% more than had they used a realtor, while the buyer spent 3% less. This win-win situation is being called the "HutHound Way".
When a seller offers their property for 3% less, more buyers become interested.
Geez, you should have talked to me about your business model before going into business. First, the average commission is not 6%. Second, most buyers won't be able to discern that a property is listed 3% lower. Lower than what? Third, most buyers are going with an agent so you'll end up paying a co-op commission anyway. Fourth, there are full service discount realtors out there that will sell your home at a cost that is well worth the effort they save you.

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