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Request for Reduced Rate

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bushaxe
(@bushaxe)
Posts: 645
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Topic starter
 

Realtor: My client is tight on funds. Do you offer any reduced rate options to verify the house they just built is not built within the easement across the back of the property?

Me after head spin and a bit of a blood pressure raise: No, I do not offer any reduced rate options

?ÿ

?ÿ

 
Posted : April 20, 2023 7:22 am
holy-cow
(@holy-cow)
Posts: 25310
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Attaboy!  Silly rich people.  They get their money by beating everyone they do business with out of a nickel if at all possible.

Hey, Doc, my Mom just spent her last nickel on a trip around the world.  Do you suppose you could do the surgery she needs at half price?

 
Posted : April 20, 2023 7:23 am
(@bobwesterman)
Posts: 246
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Realtor: My client is tight on funds. Do you offer any reduced rate options to verify the house they just built is not built within the easement across the back of the property?

Me after head spin and a bit of a blood pressure raise: No, I do not offer any reduced rate options

 

 

Did you ask the Realtor if they were giving a "reduced rate"?

 

 
Posted : April 20, 2023 7:27 am
 jph
(@jph)
Posts: 2332
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@bobwesterman 

Exactly.  Both realtors do have the option of chipping in for their clients

 
Posted : April 20, 2023 7:39 am
jitterboogie
(@jitterboogie)
Posts: 4285
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Realtor: My client is tight on funds. Do you offer any reduced rate options to verify the house they just built is not built within the easement across the back of the property?

Me after head spin and a bit of a blood pressure raise: No, I do not offer any reduced rate options

 

 

it never ceases to amaze me when the realtor population seems to think surveying should lower their fees but they have no consideration in their mind of how much more they cost in percentage and in lack in value.

you never need a realtor to sell or buy a house ever.

I actually encourage people not to use them.

however if you wanted to find a boundary or if you want to split a parcel or if you want to do development and define the area especially within a boundary or outside of a boundary you always need a surveyor, legally. 

go figure. 

in all circumstances for land transactions and Land development involving boundaries and professional opinions, surveyors are actually required by law.

Realtors are just sucking the blood and  the money of the lenders and even the surveyors and I know people on the site that are realtors and that are also surveyors but theyre surveyors first in my mind.

back to work.

 

 
Posted : April 20, 2023 8:32 am

holy-cow
(@holy-cow)
Posts: 25310
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Buying and selling with out a real estate professional can be done.  That does not mean you are getting the best deal, however.  Frequently, that agent has contact with people who are willing to pay more than anyone you may stumble onto by yourself.  Sometimes, far more.

 
Posted : April 20, 2023 9:18 am
jitterboogie
(@jitterboogie)
Posts: 4285
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Buying and selling with out a real estate professional can be done.  That does not mean you are getting the best deal, however.  Frequently, that agent has contact with people who are willing to pay more than anyone you may stumble onto by yourself.  Sometimes, far more.

that's the collusion within their system. you only need a legal contract, never a realtor.  lawyers are automatically a better choice, and they even know the law.  because they force you to work within their system they deserve the lawsuit of the department of Justice has been invoking upon them for the past couple years and I can't wait for them to fly through it and ground it to the point where it needs to be which is back down to you're just sales people that's all you are salespeople.

 

 

 
Posted : April 20, 2023 11:51 am
firestix
(@firestix)
Posts: 276
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I literally just spoke with a client who ask me to do a survey "as cheap as possible" because it's for a non-profit pet shelter. 

 
Posted : April 20, 2023 12:09 pm
half-bubble
(@half-bubble)
Posts: 941
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Happy to consider a lien on the property in lieu of full payment.

 
Posted : April 20, 2023 12:16 pm
(@chris-bouffard)
Posts: 1440
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Things like this kill me as our fees almost always amount to the smallest, or close to the smallest, percentage of the overall budget.  My rates are what they are and are generally higher than average for the area but they are not flexible.  If I adjust my rates for anything, the adjustment will be an increase.

Why should we, as Professionals, be asked to reduce our rates for somebody who has failed to properly budget their project?  My stock answer is no, I'm not a bank and do not finance the investments of others when I have my own to make to keep in business.

 
Posted : April 20, 2023 12:40 pm

jitterboogie
(@jitterboogie)
Posts: 4285
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Happy to consider a lien on the property in lieu of full payment.

 

no way that's not going to ever stand the bankruptcy

it'll get wiped right off as one of the first creditor liens...

 

 
Posted : April 20, 2023 12:49 pm
jitterboogie
(@jitterboogie)
Posts: 4285
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Things like this kill me as our fees almost always amount to the smallest, or close to the smallest, percentage of the overall budget.  My rates are what they are and are generally higher than average for the area but they are not flexible.  If I adjust my rates for anything, the adjustment will be an increase.

Why should we, as Professionals, be asked to reduce our rates for somebody who has failed to properly budget their project?  My stock answer is no, I'm not a bank and do not finance the investments of others when I have my own to make to keep in business.

 

Amen.

I think it would be easy to say as soon as you start dropping the title insurance for every property that sells every time it refinances, we might consider a price dropping only if you take those away first and show you diligence for the next 6 months to a year that you're not double charging a triple charging for Title insurance

 

 screw you bargin seekers!!!!

 

 
Posted : April 20, 2023 12:52 pm
(@gordon-svedberg)
Posts: 626
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Had a property manager call me this week who had tenants who were in a property line dispute (out of state) with the neighbors, and was wanting just "one line" surveyed and was complaining about the prices he was being quoted.

 
Posted : April 20, 2023 12:58 pm
(@tfdoubleyou)
Posts: 132
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I just had a realtor call who purchased a parcel at a courthouse auction, foreclosed after 10 years of unpaid taxes. Naturally it has some major issues in its description and several concerning defects in the COT, and he's finding out it's going to be a very expensive survey.. he's buying it for himself as an investment property. When I was prepping him to expect a fee far above what he may have thought, he said that he would bring me his future business and that I should factor that in the price.

Ignoring the fact that I am slammed and turning away more work than I take, I should cut you a deal so that you maybe you bring me more work in the future that you will also ask me to cut you a deal on?

I let him know I would be passing up on the opportunity.

 
Posted : April 20, 2023 1:28 pm
thebionicman
(@thebionicman)
Posts: 4451
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@johnh2005 I generally increase my rate for eliminating lines or corners from the survey...

 
Posted : April 20, 2023 1:52 pm

jitterboogie
(@jitterboogie)
Posts: 4285
Supporter
 

tenants who were in a property line dispute (out of state) with the neighbors,

instant 500% premium and deposit for the whole amount with no Never to exceed clause...

 

yikes...

 

 

 
Posted : April 21, 2023 9:02 am
Norman_Oklahoma
(@norman-oklahoma)
Posts: 7629
Member
 

I literally just spoke with a client who ask me to do a survey "as cheap as possible" because it's for a non-profit pet shelter. 

I believe that you can write off the cost of an "in-kind donation" to a charity, thereby recouping at least some of the cost. Presuming that you are kindly disposed to the charity in question. 

 
Posted : April 21, 2023 9:23 am
Bruce Small
(@bruce-small)
Posts: 1508
Member
 

@firestix  I do surveys for churches and non-profits for free. I call it giving back to the community, which has been very good to me.

 
Posted : April 21, 2023 9:23 am
RADAR
(@dougie)
Posts: 7889
Member
 

@norman-oklahoma 

To keep the IRS happy; document the donation.

INVOICE:

Total Fee=$5,000.00

Donation=-$5,000.00

Remainder Owed=$0.00

 


GIF
 
Posted : April 21, 2023 11:00 am
Norman_Oklahoma
(@norman-oklahoma)
Posts: 7629
Member
 

Did you ask the Realtor if they were giving a "reduced rate"?

It's a legitimate question, not just a snappy comeback. 

 
Posted : April 21, 2023 11:31 am

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