Search found 1505 matches

by Vēritās
Mon Mar 25, 2024 11:26 pm
Forum: Spirit Paradise
Topic: The Trump Criminal Case MEGATHREAD.
Replies: 338
Views: 111227

Re: The Trump Criminal Case MEGATHREAD.

$175 is just the bond, but he still has to pay the full $454 million right?

And why does he need 10 whole days to pay when he's already been claiming he has more than triple that already in cash?
by Vēritās
Wed Mar 20, 2024 11:39 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

Sure, I get that there are other factors to keep agents honest even if their commissions tempt them otherwise. There are lots of professions whose practitioners could harm the public—doctors and police, for example. We trust professional oversight, training, and culture to keep them working for the...
by Vēritās
Wed Mar 20, 2024 4:40 pm
Forum: Spirit Paradise
Topic: The Trump Criminal Case MEGATHREAD.
Replies: 338
Views: 111227

Re: The Trump Criminal Case MEGATHREAD.

Besides, we already have an audio tape of Trump bragging about documents he flat out said were classified well after he left office.
by Vēritās
Wed Mar 20, 2024 4:38 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

"incentive to arrange a higher price"? Not sure what you mean here. If your wife had somehow negotiated a $40K lower closing price instead of only $20K, that would have been $600 less money in her commission than she ended up getting. If instead she had impressed that lady by wangling blinds and a ...
by Vēritās
Wed Mar 20, 2024 2:30 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

It seems perverse that an agent for the buyer should have an incentive to arrange a higher price. I can't think of an easy way to avoid this, though. Flat fees for buyers' agents don't seem fair because the value to the client of the buying agent's service probably does scale with the purchase pric...
by Vēritās
Wed Mar 20, 2024 12:25 am
Forum: Spirit Paradise
Topic: The Trump Criminal Case MEGATHREAD.
Replies: 338
Views: 111227

Re: The Trump Criminal Case MEGATHREAD.

I think I heard Glenn Kirschner say this was grounds for her removal from the case. She doesn't seem very competent nor does she seem interested in even trying to be unbiased.
by Vēritās
Wed Mar 20, 2024 12:14 am
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

Sorry, I should have specified that the split could be 100-0 or 0-100. But am I correct that, once the listing agreement is signed, the buyer's agent cannot negotiate the split stated in the form? It rarely happens, but if the buyer's agent has a problem with the commission split they'll let the se...
by Vēritās
Tue Mar 19, 2024 10:28 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

it sounds like the NAR required the selling agent to include a non-negotiable split in the MLS database, but which was not disclosed to the buyer. I'm not clear on whether it was disclosed to the seller. No, the selling agent never had to pay a commission. In fact, in one crazy example last year du...
by Vēritās
Tue Mar 19, 2024 10:07 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

I've never been involved in an anti-trust case. Regarding the merits of the cases, all I can say is that sometimes long-established business customs and practices are vulnerable to legal challenges that have not been brought before because they represent the way things have always been done. This l...
by Vēritās
Tue Mar 19, 2024 10:04 pm
Forum: Spirit Paradise
Topic: NAR Lawsuit
Replies: 17
Views: 477

Re: NAR Lawsuit

Veritas, would you mind explaining to the layperson why this is bad for realtors? - Doc The 6% commission was never a "standard" or a "rule" like the media is purporting it to be. This is why so many of us are pissed off because we've been doing this for years and it blows our minds how this is bei...