Realtors object to proposed business tax

Full story: Daily Breeze 47
Manhattan Beach real estate agents would be required to hand over more of their commissions to City Hall if a newly proposed business license tax wins City Council approval. Full Story
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Kloe

Rancho Mirage, CA

#1 Aug 28, 2010
Realtor David J. White is an imbecile.

Do anyone really believe the public will be less well served because more agents will leave the business forcing people to wait longer to sell their homes? Rubbish.

Why do real estate people always lie and use scare tactics? Next to car salesmen they are the least to be trusted profession.

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Realtors Must Pay It

Los Angeles, CA

#2 Aug 28, 2010
We have to pay for our city business license and so should the realtors! Why do they get a free ride and we don't?

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More Funding

Buena Park, CA

#3 Aug 28, 2010
Leave the Poor Real Estate Agents.
Soft Landing

Los Angeles, CA

#4 Aug 28, 2010
It's a great time to buy! It's a great time to sell!
Justice

Redondo Beach, CA

#5 Aug 28, 2010
Who has any sympathy for MB Realtors? Totally useless..
LKF

Sun City, CA

#6 Aug 29, 2010
Gee.... There just isn't enough taxes being paid by the People. California at the State, County and City levels, need to come up with some more ideas to tax us just a little bit more. See what happens when you vote for liberals/democrats? Tax & spend freefall.......... California is dying.
lost battalion hall

Middletown, NY

#7 Aug 29, 2010
Many do not have any sympathy for Realtors.Have the Realtors behavior in the past caused this lack of sympathy?
Joe

Pinellas Park, FL

#9 Aug 29, 2010
It's a great time to sit on your money, too.
LKF

Sun City, CA

#10 Aug 29, 2010
lost battalion hall wrote:
Many do not have any sympathy for Realtors.Have the Realtors behavior in the past caused this lack of sympathy?
The greater pitfall is 'class envy' being played out. Officials have realized they can play on your emotions by demonizing someone as being 'rich' or 'getting more than they deserve'. Then comes the usual comment 'they aren't paying their share'. People need to wake up and recognize not everyone gets the same job, same pay, same luck. It should not be class jealousy but a united front against the tax & spend greedy liberals who have raped the State. Everyone, regardless of class or fortune should be standing shoulder to shoulder and saying 'NO MORE TAXATION!'... If you don't, you will be the next 'greedy person' getting away with not paying your share.
lost battalion hall

Middletown, NY

#11 Aug 29, 2010
LKF wrote:
<quoted text>
The greater pitfall is 'class envy' being played out. Officials have realized they can play on your emotions by demonizing someone as being 'rich' or 'getting more than they deserve'. Then comes the usual comment 'they aren't paying their share'. People need to wake up and recognize not everyone gets the same job, same pay, same luck. It should not be class jealousy but a united front against the tax & spend greedy liberals who have raped the State. Everyone, regardless of class or fortune should be standing shoulder to shoulder and saying 'NO MORE TAXATION!'... If you don't, you will be the next 'greedy person' getting away with not paying your share.
You make several good points.
Parasites of Society

United States

#12 Aug 29, 2010
Realtors and the MLS have always been parasites on society. They steal, that's right steal, 6-7% of nearly every home trasnaction in the US. They've single-handedly raised the prices of homes by 6-7% making homes less affordable for those most in need. And since realtor fees roll into loans, it's even worse. Their parasitic charges live on for 30 years and roll up from one loan to another, further decreasing the ability of the average american to buy a home.

The MLS should be forced to be open to everyone for both listing and searches.

Realtor fees should be declared usury and capped at the maximum of 2% or $5000 whichever is larger on a NATIONAL level.
Parasites of Society

United States

#13 Aug 29, 2010
LKF wrote:
Gee.... There just isn't enough taxes being paid by the People. California at the State, County and City levels, need to come up with some more ideas to tax us just a little bit more. See what happens when you vote for liberals/democrats? Tax & spend freefall.......... California is dying.
\

And realtors and 6% commissions have LONG been a cause of the decline.
Parasites of Society

United States

#14 Aug 29, 2010
Soft Landing wrote:
It's a great time to buy! It's a great time to sell!
And pay commissions!- NOT!
Former SoCalGuy

Bristow, OK

#15 Aug 29, 2010
When tax revenue streams decrease, all levels of Gov....Fed, State, Municipal ask "How can we make up the shortfall?" rather than "Where should we reduce services and cut our spending?" Are there other commissioned sales people in the Beach Cities? How about insurance agents...shouldn't they pay a fee + a percentage of their commissions too? And travel agents? And stock brokers, Etc., etc? My musings are not meant to inspire MB to actually attack, I mean attach other commissions....but given Gov't's lack of restraint and perpetual search for more fiscal blood, if they succeed with this, why would they stop with real estate agents?
LKF

Sun City, CA

#16 Aug 29, 2010
Parasites of Society wrote:
<quoted text>\
And realtors and 6% commissions have LONG been a cause of the decline.
Isn't that called 'income'? You know....., a paycheck whereby the guy pays taxes, bills, buys food and makes his own house payment. How is that any different from your pay check or bonus?
Neil Proffitt

Manhattan Beach, CA

#17 Aug 29, 2010
The new tax will just be stuffed into the price of a home you can't afford right now.
Fairness

Los Angeles, CA

#18 Aug 29, 2010
Former SoCalGuy wrote:
When tax revenue streams decrease, all levels of Gov....Fed, State, Municipal ask "How can we make up the shortfall?" rather than "Where should we reduce services and cut our spending?" Are there other commissioned sales people in the Beach Cities? How about insurance agents...shouldn't they pay a fee + a percentage of their commissions too? And travel agents? And stock brokers, Etc., etc? My musings are not meant to inspire MB to actually attack, I mean attach other commissions....but given Gov't's lack of restraint and perpetual search for more fiscal blood, if they succeed with this, why would they stop with real estate agents?
The point is everyone is paying except the realtors. That's not fair. Since we pay for a business license, so should they. How can you argue with that? Otherwise, give us and everyone else a pass like the realtors!
Henry

United States

#19 Aug 29, 2010
Realtors will be going the way of the buggy whip industry. With the internet and freely available information they serve no purpose - just a cabal of bloodsuckers.

Most people do not realize that they do not need a real estate agent to sell their homes. Most of these agents are dropouts or criminals, anyways.
Neil Proffitt

Manhattan Beach, CA

#20 Aug 29, 2010
What? Realtors are going to absorb this tax out of the kindness of their hearts? Right!
Montgomery is Biased

Los Angeles, CA

#21 Aug 29, 2010
Of course Richard Montgomery is for the realtors. He's a real estate appraiser who is hired by the realtors and he also received political contributions from them. Don't bite the hand that feeds you and do anything to please them. The Daily Breeze should have disclosed this.

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