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(CBS Atlanta)   Small business owner: If Romney wins, I'll hire 100 new workers. Of course, if Romney loses, I'll still hire new workers - Obama's been good for my business   (atlanta.cbslocal.com) divider line 87
    More: Dumbass, CBS Atlanta, Alpharetta, workers  
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2688 clicks; posted to Politics » on 05 Nov 2012 at 1:12 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-05 01:43:49 PM

ongbok: jmf: $50,000 pays 100 workers? How will he find all those people if Romney cracks down on illegal immigration?

He is hiring real estate agents. They get paid on commission and some receive a very very small wage, so most of his expense will most likely come from training them.


There most likely is not even a cost in that. At my wife's brokerage, there are a couple people on staff (receptionists, etc) that do a half-day orientation and then there is a mentor program. New agents are assigned a mentor (an experienced agent). Neither the new or experienced agent get paid anything from the brokerage firm. No expense to the business owner whatsoever. The mentor and... protege (I guess) sign an agreement with each other where the new agent pays a % of their first three deals to the mentor for their assistance (in descending amounts, 20% on the first, 15% on the 2nd, 10% on the third) and by then the 'new' agent should be up and running.

Again, ZERO cost to the business owner.

I'm not saying all brokerages work this way, but his expense is minimal compared to the chunks he takes out of ALL of their deals when they have settlements.
 
2012-11-05 01:44:47 PM

skullkrusher: theknuckler_33: "It's about a $50,000 investment that we're willing to make on these new agents,

As someone who's wife is a real estate agent, the owner of her agency doesn't pay her jack-shiat. So I am going to call shenanigans on this whole article and especially the bit I quoted above. The only way that MIGHT be true is if he's planning on moving to a new facility for their offices. But he's not paying agents anything. What a lying sack of fecal matter.

If he acts now he can hire 182.48175182481751824817518248175!


He doesn't even pay for THAT.
 
2012-11-05 01:45:27 PM

Bungles: Someone who makes their hiring decisions of who's in the White House - rather than the needs of his business due to demand and the incremental value of additional employees - will always remain a "small" businessman.


As opposed to the head of a multinational corporation who gleefully pays off corrupt officials and fires people if there's a nickel in it for him?

Business is business.
 
2012-11-05 01:45:35 PM

henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.


weird, our real estate agent searched for apartments that met our wishes, accompanied us to each to answer all of our questions, got the leases from the landlord once we decided upon one, advised us on certain changes to be made and brought all of our concerns to the landlord for negotiation and helped us work out a better rent with a free month.

You should work with better real estate agents
 
2012-11-05 01:46:12 PM

henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.


Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.
 
jmf
2012-11-05 01:46:36 PM
I uh, never commented on a link that went green before....


How'd all these people get in my room?
 
2012-11-05 01:47:00 PM

henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.


You obviously have never bought or sold a property.
 
2012-11-05 01:47:16 PM
Everyone knows that the most effective business owners are the ones who arbitrarily hire or fire employees based on the outcome of a national presidential election.
 
2012-11-05 01:47:16 PM

theknuckler_33: skullkrusher: theknuckler_33: "It's about a $50,000 investment that we're willing to make on these new agents,

As someone who's wife is a real estate agent, the owner of her agency doesn't pay her jack-shiat. So I am going to call shenanigans on this whole article and especially the bit I quoted above. The only way that MIGHT be true is if he's planning on moving to a new facility for their offices. But he's not paying agents anything. What a lying sack of fecal matter.

If he acts now he can hire 182.48175182481751824817518248175!

He doesn't even pay for THAT.


In Alpharetta, GA, if he wants to hire 100 new agents he probably will have to train them... or at least I'd imagine he would
 
2012-11-05 01:48:33 PM

Bungles: Someone who makes their hiring decisions of who's in the White House - rather than the needs of his business due to demand and the incremental value of additional employees - will always remain a "small" businessman.

 
2012-11-05 01:50:20 PM

heap: oh look, a mini-trump.

a trumpling?

trumpette?


img844.imageshack.us

"Trumpy, you can do derpy things..."
 
2012-11-05 01:51:51 PM

skullkrusher: theknuckler_33: skullkrusher: theknuckler_33: "It's about a $50,000 investment that we're willing to make on these new agents,

As someone who's wife is a real estate agent, the owner of her agency doesn't pay her jack-shiat. So I am going to call shenanigans on this whole article and especially the bit I quoted above. The only way that MIGHT be true is if he's planning on moving to a new facility for their offices. But he's not paying agents anything. What a lying sack of fecal matter.

If he acts now he can hire 182.48175182481751824817518248175!

He doesn't even pay for THAT.

In Alpharetta, GA, if he wants to hire 100 new agents he probably will have to train them... or at least I'd imagine he would


Training and getting your license are two totally different things. He's not hiring any 'agents' that don't already have their license.
 
2012-11-05 01:52:04 PM

theknuckler_33: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

You obviously have never bought or sold a property.


Have bought and sold many, most without the use of an agent.
 
2012-11-05 01:55:55 PM

theknuckler_33: skullkrusher: theknuckler_33: skullkrusher: theknuckler_33: "It's about a $50,000 investment that we're willing to make on these new agents,

As someone who's wife is a real estate agent, the owner of her agency doesn't pay her jack-shiat. So I am going to call shenanigans on this whole article and especially the bit I quoted above. The only way that MIGHT be true is if he's planning on moving to a new facility for their offices. But he's not paying agents anything. What a lying sack of fecal matter.

If he acts now he can hire 182.48175182481751824817518248175!

He doesn't even pay for THAT.

In Alpharetta, GA, if he wants to hire 100 new agents he probably will have to train them... or at least I'd imagine he would

Training and getting your license are two totally different things. He's not hiring any 'agents' that don't already have their license.


why not? I was hired as a stockbroker without a license
 
2012-11-05 01:57:55 PM
A "businessman" who doesn't understand the relationship between demand, the ability of the workforce to handle current workload, and hiring, deserves to go out of business.

I have several facebook friends who insist that Obama is anti-small business and that regulations and taxes and uncertainty and unions are crushing them, but in the end, they just suck at what they do.
 
2012-11-05 01:58:46 PM

CPennypacker: THe butthurt is going to be so strong tomorrow you'll be able to measure it through lead.


Either way.

Has everyone stocked up on popcorn?
 
2012-11-05 01:59:32 PM

TrollingForColumbine: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.


Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.
 
2012-11-05 02:02:46 PM

henryhill: theknuckler_33: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

You obviously have never bought or sold a property.

Have bought and sold many, most without the use of an agent.


Well the time(s) you did, you must have either had a crappy agent or did not take advantage of all that they can do for you.
 
2012-11-05 02:03:11 PM

theknuckler_33: TrollingForColumbine: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.

Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.


I don't take advice on financial dealings from someone whose other part time job is as a hostess at Bennigans
 
2012-11-05 02:08:21 PM

henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.


They add no value. The idiot flippers that buy a run-down house, fix it up, and sell it for a profit actually create value.. What more, adding more agents doesn't increase the net value within the industry - it just dilutes it across more people. You hire more miners - you are going to get more coal - an increase in both value and wealth.

And yes, a CPA adds no value.

However, I work in accounting and am responsible for detecting fraud and abuse - I do add value to the company be reducing costs without impacting revenues.
 
2012-11-05 02:09:32 PM

theknuckler_33: TrollingForColumbine: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.

Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.


That is what your lawyer is for.

As for the handyman and the other stuff, yeah a good real estate agent should provide you with contact numbers for all of those, and probably most do, but most people don't pay any attention to that stuff when the agent gives it to them.
 
2012-11-05 02:11:58 PM

henryhill: theknuckler_33: Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.

I don't take advice on financial dealings from someone whose other part time job is as a hostess at Bennigans


WTF?
 
2012-11-05 02:22:19 PM

ongbok: theknuckler_33: TrollingForColumbine: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.

Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.

That is what your lawyer is for.


A LOT of people do not bother with a lawyer.

As for the handyman and the other stuff, yeah a good real estate agent should provide you with contact numbers for all of those, and probably most do, but most people don't pay any attention to that stuff when the agent gives it to them.

Maybe. Hardly the agent's fault.
 
2012-11-05 02:25:22 PM

madgonad: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

They add no value.


This is nonsense. Just like the CPA, the value is in their doing the thing that I don't want to do myself. There are literally millions of jobs like this. People who come to clean your house, or plow your driveway in the winter, or cut your grass. They provide a service, just like the real estate agent.
 
2012-11-05 02:29:31 PM
FSBO is the sh*zbo.

/saved 16gs
 
2012-11-05 02:29:38 PM

madgonad: adding more agents doesn't increase the net value within the industry - it just dilutes it across more people.


I meant to comment about this.

yes, this is totally true. This is why many left real estate over the past 4 years and why those that stuck it out will probably reap the rewards for their tenacity over the next 4 years. Also, it's a self regulating industry. Piss poor agents are weeded out because they don't get many clients and can't manage a deal to fruition. Lots of agents try it out and fail and get out.
 
2012-11-05 02:53:57 PM
Yeah, as if real estate agents work for a W2 with this guy. The reason he'll be able to get 100 people is because they're so desperate that they'll work in real estate knowing they'll get nothing other than a free deck of business cards.
 
2012-11-05 02:54:59 PM

dericwater: Yeah, as if real estate agents work for a W2 with this guy. The reason he'll be able to get 100 people is because they're so desperate that they'll work in real estate knowing they'll get nothing other than a free deck of business cards.


Probably not even that.
 
2012-11-05 02:55:48 PM

ongbok: jmf: $50,000 pays 100 workers? How will he find all those people if Romney cracks down on illegal immigration?

He is hiring real estate agents. They get paid on commission and some receive a very very small wage, so most of his expense will most likely come from training them.


He won't even bother to train them. That $500/agent pays for the business cards, desk nameplate, a box of pens and other stationery items and SWAGs from the corporate office. Maybe the corporate blazer.
 
2012-11-05 03:08:48 PM

theknuckler_33: TrollingForColumbine: henryhill: theknuckler_33: madgonad: Agents are just leeches on society

You have zero idea what you are talking about. They are no different than, say, a CPA who prepares your taxes. They provide a service for which they get paid.

And that service is that they open the door to a house so you can look around.

Actually it depends. If you are moving to a new city a real estate agent may be a good investment. they know the neighborhoods, schools, shopping etc. they can warn about any local problems, sink holes, bad water pressure, weird zoning.

If you are moving locally and you know what you want they are pretty worthless.

Other than setting up your showings, writing up your offers/counter-offers, arranging the various inspections or testing that might be necessary, negotiating on your behalf with the seller, perhaps assisting you in the process of getting your mortgage, going with you to settlement and explaining the 10 gagillion things you have to sign at a settlement and possibly putting you in touch with handimen, electricians, movers, helping you get all your utilities set up, getting a home warranty any other number of things that they can help you with so you don't have to take time out of your own busy schedule to figure all that shiat out on your own. But yea, you could do that all by yourself, but as a buyer, since you don't pay the agent anything anyway since they get their cut out of the seller, it makes a hell of a lot more sense to use an agent to take care of all that time consuming crap for you so you can make a generally stressful situation more smoothly for you and your family.


If you are new to the process of real estate transactions a realtor may be a good investment. After you have been through it a couple time not so much. I have done it both way. Most recently though I sold and bought FSBO, eliminated the realtor and saved myself 15K dollars. But it is not for everyone. Just not for me anymore. I can get listed on the MLS for a hundred bucks. I can arrange showings and anything else. If the buyer has an agent that's fine. But they are paying it. To each their own. An agent is good for many people. I have thought about going into the profession myself. When I retire. As a hobby.
 
2012-11-05 03:45:35 PM

Bungles: Someone who makes their hiring decisions of who's in the White House - rather than the needs of his business due to demand and the incremental value of additional employees - will always remain a former failed "small" businessman.

 

FTFY
 
2012-11-05 03:55:05 PM
Why is the headline of this article not, "Local Man is farking Idiot, willing to talk to a reporter about it"?
 
2012-11-05 04:19:06 PM

jmf: $50,000 pays 100 workers? How will he find all those people if Romney cracks down on illegal immigration?


I guess he's hoping for deregulation. Specifically, abolishing the minimum wage and child labor laws.
 
2012-11-05 05:36:25 PM

calm like a bomb: Why is the headline of this article not, "Local Man is farking Idiot, willing to talk to a reporter about it"?


That would be somewhat unbalanced.

/For reals.
//Straight mad.
 
2012-11-06 03:21:35 AM

skullkrusher: Emposter: jmf: $50,000 pays 100 workers? How will he find all those people if Romney cracks down on illegal immigration?

Not to mention, how is a business that hires 100 workers at a time considered "small"?

the category of "small business" depends on which industry it is in to determine the classification but generally it's 500 employees or less. I think he's referring to the cost of training them. They're real estate agents. He doesn't pay them directly (usually)


If he doesn't pay them are they employees?
 
2012-11-06 07:09:38 AM
50k for 100 employees? What is he spending that $500 per employee on?
 
2012-11-06 12:06:22 PM

kg2095: skullkrusher: Emposter: jmf: $50,000 pays 100 workers? How will he find all those people if Romney cracks down on illegal immigration?

Not to mention, how is a business that hires 100 workers at a time considered "small"?

the category of "small business" depends on which industry it is in to determine the classification but generally it's 500 employees or less. I think he's referring to the cost of training them. They're real estate agents. He doesn't pay them directly (usually)

If he doesn't pay them are they employees?


sure - I'd imagine they make sales and keep a cut of the commissions
 
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