January 14, 2009

"70% of those agents are practically dead, but that still leaves 98 agents clawing each other over the scraps"



"But let’s admit it, this market has dramatically changed how we play the game. We had about a dozen total closed transactions in my entire county last month, so there is almost no volume to speak of, and certainly not enough volume to keep 327 agents alive. Okay, 70% of those agents are practically dead, but that still leaves 98 agents clawing each other over the scraps."


(quote from some used house salesperson over at The Most Discredited realtor in The World's unintentionally-hilarious site)

(Thanks RJ)

12 comments:

Anonymous said...

This is a complete falsehood in its entirety. I had a great year in 08 and it's looking even better for this year. Eat your hearts out suckers!

Greg Swann

blogger said...

http://garfieldhistoricopportunity.com/

Here's his current listing - yours for $40,000. 3% of that is what, $1200?

Wow.

How does one get a $40,000 listing? Meet a guy down at the methadone center?

I was thinking of offering $10,000 and a box of ramen to cover the commission.

Anonymous said...

Cue up the Good Times theme music.

Anonymous said...

I could throw some hate toward RE Clerks, but I won't.
But its so easy:
Buy now or be priced out forever!
RE only goes up.
It's a new paradigm.
The bubble bloggers with bawl balefully...

Anonymous said...

They will fine another venue to screw their brothers and sisters.

Anonymous said...

Greg Swann should be prosecuted

Anonymous said...

6% ers are DEAD.

DIE U PIGS

Anonymous said...

The New National Anthem for the Obama Nation:

http://www.youtube.com/watch?v=mM95AwDgask&feature=related

Pass the Fried Chicken, Bubba.

Seig Heil!

Anonymous said...

Keith I thought this was a joke at first - but it IS really Swann at Bloodhound Realty!

This guy really is a snake oil salesman; an uber-whore.

And love this:

"The magic number for this home is 1916. That's the year it was built. Phoenix is a town without a past, so a home this old, properly restored, is worth a premium price."

Follwed by:

"There's room in front for a new master suite with a more-appealing facade, and there's more room in back for a garage -- or even a pool."

Followed by:

" ...if you want to express a vision all your own, you can appeal for permission to tear the existing structure down."

Holy shit, say anything, ANYTHING to pedal this piece of crap, eh? Throw something out there and see what sticks? Wow.

JAWS said...

Sure wish that was so in Long Beach, CA. Unbelievable, some zip codes are still selling for '06 prices. Some buyers are just plain slaphappy about getting the house and beating somebody else out. Lenders can get the deal done in record time. Agents making $140K - $2Million a year.

The good agents that have been in business 10+ years are doing better than ever.

The agents with $100K in cash can take chunks of REO's at a time off the hands of the banks, front their own money to clean them up, then sell them cheap and are making a monumental pile of cash at the end of the day.

It's all changed though. The ex-bar maid, holding open house is back at the bar again. The physical trainer that was doing mortgages is back at the gym.

The RE agents that were embedded in the industry sure know how to swing a bat and make a ton of dough.

I sure wish it was the other way around so I could invest my nest egg but it just isn't so.

Anonymous said...

I was thinking of offering $10,000 and a box of ramen to cover the commission.

A pack of 5 ramen is on sale now for $1, which makes it $0.20 each. And then the ultraliberal demotards and its legion of obese welfare-parasites still have the balls to cry about how many people go to bed hungry in America. Don't you people have $0.20 to eat or you just want caviar?

Anonymous said...

Yes New York, this is the real Greg Swann. But you can refer to me as swanny, the swanster, or for my new clientele, poppe chulo.

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