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After talkign with several realtors I have a little issue I want to vent on. All of you fear talking about it sense you are realtors and could never talk about it. I am not suggesting talking about fixing prices, because that truly is bad. However, I have seen you all doing things out of fear, and not thinking your actions all of the way through. I want you to be competitive, but I do not want to work with poor realtors in in State, and I buy throughout the country. Now, please read this next section with an open mind. I am not suggesting price fixing. If you want to be a rebater then you need to know why you want to do it, and each logical step in doing it. Buyers dealing with rebaters you need to know you will not get full service and a rebate, or sellers you will not get full service and a discount. Why??? It cost a tone of money to do real estate. Yes, they make big checks, but out of my research they closeless than 3% of the people they deal with, so imagine all of the time, gas, money, etc wasted before they get a deal done.

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I have noticed some realtors not having balls against big brother bank… OK. Why are we in this mess??? Big brother did not stop 100% lending when appreciation exceeds local ten year averages. They should have made the buyers come in with down payments to keep the 100% balanced with the 10 year average. There is nothing wrong with ARMS, NegAms, etc. It is simply the issue big brother bank was checked out during the boom stimulated by late night shows… ((( NOTE: for the next 10 years I would not want an ARM to expire, because we could be seeing stagflation caused by the real estate boom and fall )))…

Big brother bank is doing one thing right now. You can call them up after missing 3 payments, and they will lower your interest rate for the term of your loan, so you will not walk…

Talking about walking… You should walk from Preforecloures right now. Let the bank have then back, so you can get instant responses from them once it is an REO.

Next, if they want to play with the buyer agents’ commission then you should tell them it is illegal per your local board, etc, and no you do not get paid off of the net price, but the gross price of the transaction.

Come on now and take back your industry… Are you a professional or just a slacker…

How much commission do you have to make to be profitable??? Yes, so you can even pay your taxes??? I see so many realtors giving away their money, because they think it is makes it easier to get a deal. What happens when each of your realtors do this? The only commission of whatever (call it 3%) because 1%. Yes, this means everybody is rebating… Now, what is your competitive advantage? Leave commissions private, and voice it out whenever you can that rebates should not be allowed. Stand up to your board, department, local, state, and national governments… Let those realtors know the trail of doom that goes with rebating, and how Joe will just do a bigger and bigger discount until everybody is out of business.

You do not normally have high profits, so how are you going away your money to the banks and buyers??? Honestly, how are you doing it????

I can talk this way, because I am just a consumer. I am not a realtor. Why do I talk this way? I relate income to service. I want my service. I stay in resorts when I travel, and when I have a realtor I do not want to just get 3 hours with him or her, because they have rebated there life away to buyers and banks. I also do not want to be working with a poor realtor either. Realtors are professionals and should be rich…

I think where many americans traditionally retired to Florida we will see many boomers going to Arizonia due to the huge inventory of affordable homes and as that 17 months plays out things may get cheaper yet. Usually many families follow there parents as they move and retire so I think we will also see young families moving.