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Rainmaker
863,526
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Yes. I believe the majority still aren't aware of all the intricate details. What bothers me the most is when a cash buyer asks for a rebate or commission split. They feel it is just a matter of signing the contract and waiting for the closing date. 

Feb 20, 2016 09:11 AM
Rainmaker
79,943
Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

Definitely.  There is so very much going on to find a buyer.  Then there is so much going on to get the sale closed.  The average person has no idea.

Feb 20, 2016 07:54 AM
Rainmaker
2,422,675
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

As I naive as I was when I was there...Yes to this

Feb 20, 2016 07:19 AM
Rainmaker
2,229,943
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Michael. I do a lot of explaining when I do a pre-qualification, then prior to the offer process and then at the application process.

Hopefully my client is completed educated about the behind the scenes stuff.

Feb 20, 2016 05:59 PM
Rainmaker
3,237,213
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Yes, generally.

Feb 20, 2016 05:09 PM
Ambassador
4,049,095
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

We each have our priorities, and things we pay attention to, for them it is not that important.

Feb 20, 2016 03:22 PM
Rainer
302,029
Melissa Jackson
Citiwide Alliance Realty - Weatherford, TX
Helping You Make The Right Move

Definitely!  

Feb 20, 2016 02:01 PM
Ambassador
4,298,221
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

TeamCHI - Complete Home Inspections, Inc. - there are many Google certified buyers or sellers - however, they still need to learn a lot from real estate professionals. They do!

Feb 20, 2016 01:57 PM
Rainmaker
551,673
Peter Mohylsky, SoWal Is HOME.
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

Yes, hence the number of people who think they can fsbo

Feb 20, 2016 12:17 PM
Rainer
3,300
Inez Robinson
SW Realtors - Wauwatosa, WI
Fifty plus 50+ Population Milwaukee County

Yes, the general public lack experience and knowledge of the many details involved from start to

closing. But repeat buyers /sellers sometime have a general overview of the outworkings. 

 

 

 

Feb 20, 2016 11:22 AM
Rainer
138,389
Chrissi Chapman Topoleski
Re/Max Real Estate Connections - Haymarket, VA
HOME~There is no place like it!

Yes, and I just wrote a blog about this today!

Feb 20, 2016 11:08 AM
Ambassador
3,040,680
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

We are on about every sitcom involving real estate; why would they take us serious?

Feb 20, 2016 10:55 AM
Rainmaker
211,579
Joy Bender
Compass - La Jolla, CA
San Diego Partner - The Private Client Team

Yes but I also don't think they really care about the nuances we manage. 

Feb 20, 2016 10:54 AM
Ambassador
2,848,810
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

they mostly know nothing of the behind the scenes. 

Feb 20, 2016 10:47 AM
Rainmaker
1,157,264
FN LN
Toronto, ON

Most people do not know what goes on behind the scenes in all types of professions, occupations, trades, etc.  Real estate is no different.

Feb 20, 2016 10:40 AM
Ambassador
2,188,589
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Most people don't even know about title insurance and all that is required during the loan process of buying a home. There is no more lending money on someone's good name. There is a lot involved and many of my buyers have gotten their eyes opened when I go over a purchase agreement with them. 

Most people seem to think we put a sign up in a yard and our job is done after we list a home. It's not that way. There is a lot involved. 

Feb 20, 2016 10:32 AM
Rainmaker
1,206,037
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

The majority do not understand the intricacies of a transaction which is why they rely on us to assist them

Feb 20, 2016 10:01 AM
Rainmaker
5,257,579
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home sellers and home buyers need to be educated by their agents and their home inspectors.

Feb 20, 2016 09:40 AM
Ambassador
2,343,739
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     My Buyers bought from a FSBO recently, with my help.  When the Closing was over, the FSBO Seller, who had been resistant to me at the beginning, thanked me profusely, she told me she had no idea how complicated it was. 

Feb 20, 2016 09:31 AM
Rainmaker
1,209,949
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes!  They think you list the house and poof it's sold.  Dealt with that a few times, especially on a hot listing!  They don't see anything else and only the commission cost.

Feb 20, 2016 09:23 AM
Rainmaker
1,503,980
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

You bet & it's our own fault for not mentioning it. Sometimes we are so good at what we do we make it look effortless which is NOT the case at all.

Feb 20, 2016 08:45 AM
Rainmaker
2,823,765
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Yes sir, no doubt

Feb 20, 2016 08:15 AM
Rainmaker
3,761,823
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Absolutely..they have no idea of the intricacies..let's face it most clients sell every 4-6 years and look at the changes that occur during that time. Not to mention if they move to another state..it's all different!

Feb 20, 2016 08:15 AM
Rainer
149,606
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Yes, most don't realize that each of us are running a business, and that the broker affiliation has little to do with the costs of running that business.

Feb 20, 2016 08:13 AM
Ambassador
1,609,760
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I think naive is too strong a word, and I think they do want explanations and fairness.

Feb 20, 2016 07:56 AM
Ambassador
1,962,628
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Yes, I thinks hey are and it's because we take careofna lot of issues before they turn into major headaches.

Feb 20, 2016 07:53 AM
Rainer
136,718
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

Absolutely.

Feb 20, 2016 07:47 AM
Rainmaker
260,728
Allie Angeloni
Long Realty - Oro Valley, AZ

Absolutely!!  Even if they sold/bought 7 years ago (the average consumer), things have changed and they don't remember details TeamCHI - Complete Home Inspections, Inc. 

Feb 20, 2016 07:39 AM
Rainmaker
558,405
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

Without a doubt.

Feb 20, 2016 07:33 AM
Rainmaker
350,743
Jill Murty, Realtor - Orange County, CA
PREA Realty - Laguna Niguel, CA

I do and I don't blame them.  Why would someone outside of the industry know all of the particulars?

The know it all types who think they know everything and don't, think realtors make money for simply opening a door or two.  

Um, NO. 

Feb 20, 2016 07:27 AM
Rainmaker
140,218
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Yes.  Most have a general idea, but don't understand all the details.  Even those who may have been through a transaction in the past.

Feb 20, 2016 07:23 AM
Rainmaker
1,277,686
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Agent

I believe that the general population does not understand what happens behind the scenes.

Sep 20, 2016 01:07 AM
Rainmaker
4,018,042
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Most clients do not know what happens behind the scenes, and I never fill them in either.   

Feb 21, 2016 11:35 PM
Rainmaker
1,477,056
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

yes, unless they have done it multiple times( and not 10+ years ago). Don't assume anything, rely on someone who is a pro in it. 

Feb 21, 2016 04:28 PM
Rainmaker
3,977,511
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Without a doubt!

Feb 21, 2016 10:56 AM
Rainmaker
518,968
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Michael,

 

When buyers start with me they think the job is easy. By the time we get to closing that think I’m nuts to do all the work I do.

Feb 21, 2016 06:43 AM
Rainmaker
4,863,072
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

they are absolutely naive about all of it..... and I'm  not sure they care....I know they DON'T NEED TO KNOW 99% OF IT....

Feb 21, 2016 04:01 AM
Rainmaker
3,062,878
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

For sure,  if they only would see what we do, they would pay us more  lol

 

Feb 21, 2016 01:13 AM
Rainmaker
3,049,771
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

probably

Feb 21, 2016 12:21 AM
Rainmaker
2,889,015
Richard Weeks
Dallas, TX
REALTOR®, Broker

For the most part yes.

Feb 20, 2016 11:07 PM
Rainmaker
4,431,972
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

yes

Feb 20, 2016 11:02 PM
Rainmaker
1,520,396
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Completely!

Feb 20, 2016 11:01 PM
Ambassador
3,912,204
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Yes I think generally that's true

Feb 20, 2016 10:46 PM
Rainmaker
1,366,527
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

TeamCHI - Complete Home Inspections, Inc. Absolutely, the general public has no idea what goes on behind the scenes. Anyone can do this job, so they think.

Feb 20, 2016 10:31 PM
Ambassador
3,981,932
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Many are but overall the buyer and seller of today is so much more informed than the buyer and seller of 10 years ago. The Internet has taught them the questions to ask and about terms. They still want to hear it from an agent though.

Feb 20, 2016 10:30 PM
Rainmaker
1,237,617
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Probably why they ask why do I need to do that i.e. home inspection!

Feb 20, 2016 09:37 PM
Rainmaker
561,561
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Absolutely.

Feb 20, 2016 09:36 PM
Rainmaker
3,162,500
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Definite yes to this question. Most think we waive a magic wan and show up at the closing for our commission check! If only it were that easy!

Feb 20, 2016 09:28 PM
Rainmaker
2,969,249
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Of course they are and that's one reason they want to negotiate down our commission... they don't know or appreciate what and how much we do behind the scenes and how much time and money it takes. I've been "educating" my own clients for decades and they don't ask for commission reductions. They get it. (And they say thank you.)

Feb 20, 2016 07:26 PM
Rainmaker
2,394,715
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

The first time home buyers, yes.

Feb 20, 2016 11:01 AM
Ambassador
1,769,665
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Some are and some people really know the details of a Real Estate transaction. 

Feb 20, 2016 10:15 AM
Rainmaker
679,454
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes. The things you don't know you don't know!

Feb 20, 2016 09:51 AM
Rainmaker
982,078
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Naive, no, however they could not care less. That's why we are still in the picture for the time being.

Feb 20, 2016 08:05 AM