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06-11-2024, 04:26 PM
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#31701 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
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| Quote:
Originally Posted by radeonboy  Congrats! When do you move in to your new place?
Having a professional realtor who puts your interest first makes the process a lot less stressful. It seems so obvious, but I've become somewhat jaded from the many low-effort relators I encountered over the last few years. | We move in August 15th Quote:
Originally Posted by EvoFire Is there any work that needs to be done at the new place? | It's been Reno'd and seems to have been done well. It's also only 16 years old so shouldn't need much if anything.
We looked at a smaller unit in the same building. Was cheaper by a fair margin but without the rooftop patio and renos done it was easy to see the value in paying more.
The difference in places that are a shade over 900 compared to the places that are a million is absolutely insane. The value if you can get into that upper bracket by comparison is huge.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | 
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06-11-2024, 04:31 PM
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#31702 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,828
Thanked 17,623 Times in 5,902 Posts
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Congrats on becoming a millionaire westopher 
You'll fit right in here
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06-11-2024, 04:36 PM
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#31703 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,756
Thanked 32,637 Times in 7,615 Posts
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Reverse millionaire
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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06-11-2024, 04:40 PM
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#31704 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,828
Thanked 17,623 Times in 5,902 Posts
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| Quote:
Originally Posted by westopher We move in August 15th
It's been Reno'd and seems to have been done well. It's also only 16 years old so shouldn't need much if anything.
We looked at a smaller unit in the same building. Was cheaper by a fair margin but without the rooftop patio and renos done it was easy to see the value in paying more.
The difference in places that are a shade over 900 compared to the places that are a million is absolutely insane. The value if you can get into that upper bracket by comparison is huge. | I think I see which building you're talking about/the 2 units including the 1 you bought... you're right, that smallish (relative to the price) jump up is a MASSIVE difference in quality of finishing and what you are getting.
Well done sir.
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06-11-2024, 05:51 PM
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#31705 | | I contribute to threads in the offtopic forum
Join Date: Sep 2004 Location: Canada
Posts: 2,946
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Originally Posted by 68style ^ You trying to mobilize the RS renovation crew again?? | Checking in. I'll demo, but you're on your own putting it back together. 
West's restaurant prices going up now to pay for that roof top patio?
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06-11-2024, 05:56 PM
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#31706 | | Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011 Location: North vancouver
Posts: 12,756
Thanked 32,637 Times in 7,615 Posts
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If they do I won't see any of it. Hopefully they just will cover the food cost increases. Luckily my wife got a new job.
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98 technoviolet M3/2/5 Quote:
Originally Posted by boostfever Westopher is correct. | Quote:
Originally Posted by fsy82 seems like you got a dick up your ass well..get that checked | Quote:
Originally Posted by punkwax Well.. I’d hate to be the first to say it, but Westopher is correct. | | |
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06-12-2024, 09:08 AM
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#31707 | | My homepage has been set to RS
Join Date: Jun 2013 Location: Burnaby
Posts: 2,452
Thanked 2,933 Times in 781 Posts
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Originally Posted by 68style Yah you haven't lived until you show up at an open house in Richmond when it's hey-days and find a fat asian dude sitting in sweatpants and a stained t-shirt at the counter next to a stack of flyers playing with his phone.
Like, less than zero effort, just paid some family member or other stiff to kind of act as a deterrant for something getting broken or stolen. | I'm trying to figure out if you're being hyperbolic or if you're being serious...
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06-12-2024, 11:18 AM
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#31708 | | I told him no, what y'all do?
Join Date: Aug 2006 Location: Vancouver
Posts: 10,163
Thanked 6,023 Times in 2,615 Posts
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Originally Posted by Badhobz 
Crypt Keeper here will make sure you don't get a good deal. i want 10 mill off with the first negotiation !!! | neck reminds me of 
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http://www.revscene.net/forums/showthread.php?t=611711 Quote: Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity | Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat
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06-12-2024, 12:49 PM
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#31709 | | private modder
Join Date: Feb 2002 Location: North Shore
Posts: 6,878
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Originally Posted by westopher Subjects are removed on our new place, we accepted offer on our place yesterday with subjects to be hopefully removed next week.
Not gonna lie, I have a newfound appreciation for what realtors do, at least the good ones. Ours is going to make a great payday, however, the work put in and the professionalism combined with a no pressure approach was really a good experience for us.
Can not fucking wait to be on our new rooftop patio with mountain views, but going to miss this little place we are leaving. 8 years here and besides being too small for us now, there's no other negatives to the place.
Only moving 2 blocks so I'm excited that our daily routine doesn't need to change.
Over here on the shore, the market is still moving. We listed 6 days ago and had one offer that was a good one, and we would have had another tonight I'd bet if we didn't take it. It's a decent time to be moving in the same area. It's not an all out fight, but you know if your place is good it's going to have interest. A few people asked on our subject removal date on our new place if the sale had completed, so there was interest there as well | We're listing ours next week. Any chance you can DM me your listing? I'm just curious for comp purposes.
I'm also curious what your realtor's commission rate is?
Here's what ours is asking: Quote:
Fee Proposal
Total Sales Commission: 7% on the first $100,000 and 2.5% on the balance + GST
Commissions to be paid out on completion
Selling Agent Fee 3.78% on the first $100,000 and 1.35% on the balance + GST
Cooperating agent Fee –3.22% on the first $100,000 and 1.15% on the balance + GST
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06-12-2024, 12:52 PM
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#31710 | | RS has made me the bitter person i am today!
Join Date: Apr 2014 Location: Van
Posts: 4,798
Thanked 2,014 Times in 1,069 Posts
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7% on the first $100 sounds really high
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06-12-2024, 01:24 PM
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#31711 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,828
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That's the standard rate from the BC Real Estate commission.
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06-12-2024, 01:34 PM
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#31712 | | I *heart* Revscene.net very Muchie
Join Date: Jun 2002 Location: Vancouver
Posts: 3,691
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Originally Posted by Eff-1 We're listing ours next week. Any chance you can DM me your listing? I'm just curious for comp purposes.
I'm also curious what your realtor's commission rate is?
Here's what ours is asking: | 7/2.5 is the asking rate. However, your listing agent is taking a bit more of the cut . Usually, the co-operation fee is 3.255/1.1625 with the listing agent taking the remainder.
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06-12-2024, 01:37 PM
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#31713 | | Performance Moderator
Join Date: Jun 2001 Location: Richmond
Posts: 16,828
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Little bit of a scumbag move... less buyers for you if agents are selfish and don't want to bother showing places to buyers if they are making less ?
It's not a lot... but makes you wonder why they bother being that petty
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06-12-2024, 01:42 PM
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#31714 | | Network Admin Team
Join Date: Apr 2001
Posts: 5,515
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You guys should try to negotiate your with realtor if you're going to use the same one to sell and buy. I got mine to knock off 5k for my sale and 5k on the buy. My agent cut 5k on his buyers commission to the seller as a final can't go any higher number so i'm helping my client out kinda tactic. It's just 10k in the grand scheme of things but it covers the closing costs
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06-12-2024, 01:57 PM
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#31715 | | I subscribe to Revscene
Join Date: Mar 2005 Location: Vancouver
Posts: 1,907
Thanked 5,028 Times in 1,142 Posts
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| Quote:
Originally Posted by westopher We move in August 15th
It's been Reno'd and seems to have been done well. It's also only 16 years old so shouldn't need much if anything.
We looked at a smaller unit in the same building. Was cheaper by a fair margin but without the rooftop patio and renos done it was easy to see the value in paying more.
The difference in places that are a shade over 900 compared to the places that are a million is absolutely insane. The value if you can get into that upper bracket by comparison is huge. | awesome news - i never even saw the unit hit the site
2 block move - piece of cake.
__________________ Quote:
Originally Posted by westopher replace that wood for who gets producer the wood. | | |
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06-12-2024, 02:49 PM
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#31716 | | My homepage has been set to RS
Join Date: Jun 2013 Location: Burnaby
Posts: 2,452
Thanked 2,933 Times in 781 Posts
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The thing that annoys me is that you have to pay GST on their commission.
Realtor fee's are such BS.
And the argument that if the fee's are lower, agents won't send out the listing, is that even true? When I was buying, i was the one looking at the listings myself and we went to a couple of the 1% realtors showings and my agent didn't make a fuss at all.
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06-12-2024, 02:53 PM
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#31717 | | private modder
Join Date: Feb 2002 Location: North Shore
Posts: 6,878
Thanked 2,838 Times in 802 Posts
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Originally Posted by 6thGear. 7/2.5 is the asking rate. However, your listing agent is taking a bit more of the cut . Usually, the co-operation fee is 3.255/1.1625 with the listing agent taking the remainder. | Is it worth me bringing that up? Ultimately i'm still paying 7/2.5 and the split is kind of up to him. Appreciate your input here.
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06-12-2024, 03:03 PM
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#31718 | | I *heart* Revscene.net very Muchie
Join Date: Jun 2002 Location: Vancouver
Posts: 3,691
Thanked 631 Times in 359 Posts
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Everyone should enjoy the kickbacks from the buying side while you can. Once BCREA addresses the price fixing commission lawsuit from NAR, buyers may have to start paying out of pocket to work with a realtor to purchase property as sellers may stop paying out commission to the buying side. Quote:
Originally Posted by PeanutButter The thing that annoys me is that you have to pay GST on their commission.
Realtor fee's are such BS.
And the argument that if the fee's are lower, agents won't send out the listing, is that even true? When I was buying, i was the one looking at the listings myself and we went to a couple of the 1% realtors showings and my agent didn't make a fuss at all. |
Can't comment on other agents but last year I was on the buy end off a 1% Realty listing. After brokerage cut/board fee/rebate, I was left with $2500 after 8 months of working with my client. LOL.
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06-12-2024, 03:09 PM
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#31719 | | I *heart* Revscene.net very Muchie
Join Date: Jun 2002 Location: Vancouver
Posts: 3,691
Thanked 631 Times in 359 Posts
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Originally Posted by Eff-1 Is it worth me bringing that up? Ultimately i'm still paying 7/2.5 and the split is kind of up to him. Appreciate your input here. | Ultimately, it's up to you if your agent is worth that little extra bit. The buying commission payout may not be overly concerned of the little percentage difference to the other side. You can always ask if that extra he/she is taking to cover additional marketing costs or if they're looking to pound the pavement to find buyers for you. (My example/experience, last year I literally went door to door promoting 1 of my listings to attract more buyers)
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06-12-2024, 03:16 PM
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#31720 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,928
Thanked 2,647 Times in 1,021 Posts
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Originally Posted by Eff-1 Is it worth me bringing that up? Ultimately i'm still paying 7/2.5 and the split is kind of up to him. Appreciate your input here. | I have friends that will do lower rates and or at least cover your legal closing costs, if you wanna DM me.
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06-12-2024, 03:22 PM
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#31721 | | I bringith the lowerballerith
Join Date: Mar 2013 Location: Vancouver
Posts: 1,131
Thanked 1,316 Times in 461 Posts
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Originally Posted by The Producer
2 block move - piece of cake.
| In college, a friend of mine came home to the news his parents bought the house across the street. They literally didn't box anything up and just moved stuff across as is.
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06-12-2024, 04:16 PM
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#31722 | | I have named my kids VIC and VLS
Join Date: Oct 2001
Posts: 37,994
Thanked 15,174 Times in 6,083 Posts
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Moving 1 block away or a city away is pretty much the same lol, hell
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Dank memes cant melt steel beams
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06-12-2024, 05:08 PM
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#31723 | | Revscene.net has a homepage?!
Join Date: Apr 2001 Location: Vancouver
Posts: 1,222
Thanked 297 Times in 86 Posts
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Originally Posted by Eff-1 Is it worth me bringing that up? Ultimately i'm still paying 7/2.5 and the split is kind of up to him. Appreciate your input here. | The 7/2.5 split is good with your agent. In the current market, it's best to motivate the buyer agent. End of day your property needs to sell for anyone to get paid.
We went with this for selling our detached house in Vancouver.
BUYER'S AGENT COMMISSION: 3.255% ON THE FIRST $100,000 & 1.1625% ON THE BALANCE
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06-12-2024, 05:46 PM
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#31724 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,344
Thanked 4,863 Times in 1,664 Posts
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Originally Posted by PeanutButter The thing that annoys me is that you have to pay GST on their commission. | You have to pay GST on everything here. And it's not like the realtor gets to keep the money (which I have to explain to every single business owner). Everybody collects GST on behalf of the government and must remit it on a monthly/quarterly/annual basis, less ITCs (expenses).
If they didn't charge GST, they would have to pay out of pocket for the GST remittance expected. Aren't you a PT? Clients should be paying GST on your invoices too.
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06-12-2024, 06:33 PM
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#31725 | | in the butt
Join Date: Aug 2016
Posts: 2,882
Thanked 3,659 Times in 1,331 Posts
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Originally Posted by 6thGear. Can't comment on other agents but last year I was on the buy end off a 1% Realty listing. After brokerage cut/board fee/rebate, I was left with $2500 after 8 months of working with my client. LOL. | But how many total hours did you spend actually doing work
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Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
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Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
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