Comments on: So Long, Foxtons http://njrereport.com/index.php/2007/09/27/so-long-foxtons/ Real Estate, Economics, and Politics Tue, 22 May 2012 22:02:53 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Erica http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-133417 Erica Tue, 06 Nov 2007 17:49:12 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-133417 Hi! Good site respect! Visit <a href="http://myaccc.007webpro.com " rel="nofollow">naked</a> Thanks! Hi! Good site respect! Visit naked Thanks!

]]> By: tara http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127829 tara Sat, 06 Oct 2007 22:10:17 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127829 #73 - not showing the street address on Realtor.com is for the protection of the homeowners. First, you do not want any nut job just knocking on their door. One of the advantages of hiring a REaltor is to pre-screen any interested party to make sure that they are serious buyers that are qualified. Also...that they are not just some nutjob that wants to case your home. You will not find the street adress on any MLS website. They shoud include property taxes though. #73 – not showing the street address on Realtor.com is for the protection of the homeowners. First, you do not want any nut job just knocking on their door. One of the advantages of hiring a REaltor is to pre-screen any interested party to make sure that they are serious buyers that are qualified. Also…that they are not just some nutjob that wants to case your home. You will not find the street adress on any MLS website.
They shoud include property taxes though.

]]> By: tara http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127828 tara Sat, 06 Oct 2007 22:08:12 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127828 #249 - You can get out of your contract with FOXTONS.. BUT .. you'lll need to contact your local MLS Board and have them intervene on yoru behalf. Our board allows those with grievences with their current agent to bring them up. IN essence, the Realtor works for you and ify ou show that there service has not met with the promises they made you you can fire them. AGain.. call your local MLS Board. They will tell you what steps you'll need to take to get out of your contract with them Good luck #249 – You can get out of your contract with FOXTONS.. BUT .. you’lll need to contact your local MLS Board and have them intervene on yoru behalf.
Our board allows those with grievences with their current agent to bring them up. IN essence, the Realtor works for you and ify ou show that there service has not met with the promises they made you you can fire them.
AGain.. call your local MLS Board. They will tell you what steps you’ll need to take to get out of your contract with them

Good luck

]]> By: tara http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127827 tara Sat, 06 Oct 2007 22:06:18 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127827 Good riddens Foxtons. Service was terrible. As a Realtor, you'd call to try and make an appt NEVER To get a phone call back.. ANd I'd ONLY show those homes as a last resort. #65.. your comment about photos and floor plans could be true.. however, taht depends on what Realtors you use. In this market more and more are utilizing better photograpny and so on and so forth becasue you realy need to make hte home stand out in this tough market. In hte hot market you cuold just throw it up there with the lousiest pictures and it would sell. Now, there are more homes with virtual tours, professional phots. As for floor plans, that's not really easy to do as they are not very accesable for residential homes in our areas (but are available for apts in NYC) Realtor.com is NOT neccesarily the national MLS. It gets feeds from SEVERAL local MLS (we still do not have ONE national.. Realtor.com is the closet to it). Some areas MLS systems do not have or utilize the same technology as others. Our local MLS is www.mlssli.com . Realtor.com takes feeds from each individual MLS and then plugs it into their website. Commissions are up because more time, money and real hard work is needed to market, sell and keep a deal together. Makes sense that they were cut in a market that didn't require as much effor to sell.. Even in a HOT market. Foxtons was just the pits!! Good riddens Foxtons.

Service was terrible. As a Realtor, you’d call to try and make an appt NEVER To get a phone call back.. ANd I’d ONLY show those homes as a last resort.

#65.. your comment about photos and floor plans could be true.. however, taht depends on what Realtors you use. In this market more and more are utilizing better photograpny and so on and so forth becasue you realy need to make hte home stand out in this tough market. In hte hot market you cuold just throw it up there with the lousiest pictures and it would sell. Now, there are more homes with virtual tours, professional phots. As for floor plans, that’s not really easy to do as they are not very accesable for residential homes in our areas (but are available for apts in NYC)
Realtor.com is NOT neccesarily the national MLS. It gets feeds from SEVERAL local MLS (we still do not have ONE national.. Realtor.com is the closet to it). Some areas MLS systems do not have or utilize the same technology as others. Our local MLS is http://www.mlssli.com . Realtor.com takes feeds from each individual MLS and then plugs it into their website.
Commissions are up because more time, money and real hard work is needed to market, sell and keep a deal together. Makes sense that they were cut in a market that didn’t require as much effor to sell..
Even in a HOT market. Foxtons was just the pits!!

]]> By: losal http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127324 losal Wed, 03 Oct 2007 05:19:23 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127324 What happenes to all the people who are currently listed with Foxtons and what can they do to get out of the contract and find another broker.I just signed with foxtons two weeks ago and yet to see my apt on their website.I am losing precious time and cant wait for them to sort out the mess. Someone,Anyone who has any idea pls let me know. What happenes to all the people who are currently listed with Foxtons and what can they do to get out of the contract and find another broker.I just signed with foxtons two weeks ago and yet to see my apt on their website.I am losing precious time and cant wait for them to sort out the mess.
Someone,Anyone who has any idea pls let me know.

]]> By: Diego Rios, REB http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127282 Diego Rios, REB Tue, 02 Oct 2007 20:12:09 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-127282 Discount brokerage was never a good idea for the brokers. After the dust settles, the agents will just find a new office to work under. The broker will continue to pay the consequences for years to come. Discount brokerage was never a good idea for the brokers. After the dust settles, the agents will just find a new office to work under. The broker will continue to pay the consequences for years to come.

]]> By: Former employee http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126962 Former employee Mon, 01 Oct 2007 04:37:04 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126962 In response to 245, the funny thing is Foxtons was planning the the first of october to pay listing agents more on the selling end rather then listing end,originaly they paid $50 for first 10 then $100 then $200 after 20 listings per month...It was going to be $50 flat..with agent required to get 20+ a month...Yes we were paid salaries of 25k + incentives.But LA's And BA's put more hours in a week then any traditional realtor will ever in 4 weeks ...They wasted millions many people were over paid etc... but what is funny right till the end our last monthly meeting they gave away a bmw to top buyer agent..and offered $1000 to anyone who referred a BA or Loan officer!!Why?? supposedly Hunt was hit with lawsuits and other problems all at once...I dont think he planned to close up shop till a week or two ago...And we were having some of our best monthes ever our commission was 4% and rising hunt planned to be the most expensive realtor in the US just like he is in UK..But when you spend most of your time on blue prints to an underground Vintage Ferrari and sports arena in your back yard, how can you expect to grow to it? In response to 245, the funny thing is Foxtons was planning the the first of october to pay listing agents more on the selling end rather then listing end,originaly they paid $50 for first 10 then $100 then $200 after 20 listings per month…It was going to be $50 flat..with agent required to get 20+ a month…Yes we were paid salaries of 25k + incentives.But LA’s And BA’s put more hours in a week then any traditional realtor will ever in 4 weeks …They wasted millions many people were over paid etc… but what is funny right till the end our last monthly meeting they gave away a bmw to top buyer agent..and offered $1000 to anyone who referred a BA or Loan officer!!Why?? supposedly Hunt was hit with lawsuits and other problems all at once…I dont think he planned to close up shop till a week or two ago…And we were having some of our best monthes ever our commission was 4% and rising hunt planned to be the most expensive realtor in the US just like he is in UK..But when you spend most of your time on blue prints to an underground Vintage Ferrari and sports arena in your back yard, how can you expect to grow to it?

]]> By: A REAL-tor http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126932 A REAL-tor Sun, 30 Sep 2007 20:53:29 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126932 To say you're surprised that Foxton's has screwed the pooch..is like saying you were surprised when Hillary annouced she wants to be President: both situations were inevitable. In Foxton's case, you can fool the consumer for a only a short time (a short time here = 7 years) before word gets around. For CEO Blomquist to state that "We are a very efficient operation" is laughable..as well as his assertion that the current down market is insurmountable. There are MANY good companies which are still operating at a profit--and not just the Prudentials, Weicherts and ReMaxes...plenty of smaller, un-affiliated brokerages are continuing to provide ACTUAL full service real estate brokerage--offering consumers accurate market information and reliable, PROFESSIONAL service--something which clowns such as Mr. Blomquist have no knowledge of. So...adios Foxton's...you won't be missed. Your ridculous little cars and even more ridculous little agents (PLEASE..please don't refer to them as Realtors...they were licensees at best) will ultimately be merely a footnote in the history of commerce. Now...you need to sell your house? Make a call to your local PruCentReColdERAWeichM3ElekZastkoAllTowneGMFord agency...these guys WILL sell your home. PS: I'm glad to see people still using the word "scumbag"..the perfect adjective, eh? To say you’re surprised that Foxton’s has screwed the pooch..is like saying you were surprised when Hillary annouced she wants to be President: both situations were inevitable. In Foxton’s case, you can fool the consumer for a only a short time (a short time here = 7 years) before word gets around. For CEO Blomquist to state that “We are a very efficient operation” is laughable..as well as his assertion that the current down market is insurmountable. There are MANY good companies which are still operating at a profit–and not just the Prudentials, Weicherts and ReMaxes…plenty of smaller, un-affiliated brokerages are continuing to provide ACTUAL full service real estate brokerage–offering consumers accurate market information and reliable, PROFESSIONAL service–something which clowns such as Mr. Blomquist have no knowledge of. So…adios Foxton’s…you won’t be missed. Your ridculous little cars and even more ridculous little agents (PLEASE..please don’t refer to them as Realtors…they were licensees at best) will ultimately be merely a footnote in the history of commerce. Now…you need to sell your house?
Make a call to your local PruCentReColdERAWeichM3ElekZastkoAllTowneGMFord agency…these guys WILL sell your home.
PS: I’m glad to see people still using the word “scumbag”..the perfect adjective, eh?

]]> By: Sweetie http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126893 Sweetie Sat, 29 Sep 2007 17:52:41 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126893 Foxtons was making big money, but it all went toward providing all employees with base salaries + commisison, cars, laptops, health insurance, company trips, and booze in addition to RIDICULOUS salaries for the big dogs. They truly relied on volume, not quality in service, and for a long time it "worked" at the expense of agents who were REQUIRED to show 100+ properties per month. There were a few good people at Foxtons, but mostly greedy folks lacking good moral judgement. I wish all the kind people there the best, and the rest of the scumbags got what they deserved. Foxtons was making big money, but it all went toward providing all employees with base salaries + commisison, cars, laptops, health insurance, company trips, and booze in addition to RIDICULOUS salaries for the big dogs. They truly relied on volume, not quality in service, and for a long time it “worked” at the expense of agents who were REQUIRED to show 100+ properties per month. There were a few good people at Foxtons, but mostly greedy folks lacking good moral judgement. I wish all the kind people there the best, and the rest of the scumbags got what they deserved.

]]> By: Staten Island Real Estate broker http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126750 Staten Island Real Estate broker Fri, 28 Sep 2007 17:21:11 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126750 Foxtons could probably have saved itself by converting all agents to a commission-based pay. Foxtons could probably have saved itself by converting all agents to a commission-based pay.

]]> By: syncmaster http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126550 syncmaster Fri, 28 Sep 2007 06:12:08 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126550 d2b, Not only can messaging groups read your emails (ie. have access to them so they can read them if they want to), they can also read your IMs. d2b,

Not only can messaging groups read your emails (ie. have access to them so they can read them if they want to), they can also read your IMs.

]]> By: NJ Realtor http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126549 NJ Realtor Fri, 28 Sep 2007 04:41:10 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126549 To respond to "UNREALTOR" - I quess you never worked with a Burgdorff agent before - they are quite different than the others - they acutally care about their customers. They hire maybe 1 out of 10 of qualified agents. Kind of like the Goldman Sachs of the real estate business. To respond to “UNREALTOR” – I quess you never worked with a Burgdorff agent before – they are quite different than the others – they acutally care about their customers. They hire maybe 1 out of 10 of qualified agents. Kind of like the Goldman Sachs of the real estate business.

]]> By: Don Mattingly http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126548 Don Mattingly Fri, 28 Sep 2007 03:58:33 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126548 In 2000 the Yankees only won 87 games and went something like 16-19 towards the end of the season, yet went on to win it all. And who would have guessed that the Cards would have won last year? Once the playoffs start, all bets are off! In 2000 the Yankees only won 87 games and went something like 16-19 towards the end of the season, yet went on to win it all. And who would have guessed that the Cards would have won last year? Once the playoffs start, all bets are off!

]]> By: chicagofinance http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126547 chicagofinance Fri, 28 Sep 2007 03:46:14 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126547 Wow...23 - a level headed Yankee fan...OK..."crap off". I think the Mets are basically unwatchable at this point. I actually hope they tank this weekend, because I don't have the time to waste on a team that is going to be garbage. If anything, the best result of this situation is that Randolph SHOULD be gone. I think the Yankees have a good shot. Ultimately, I think the Angels are the most balanced team, although the lack a little power. This maybe be the year when Rivera and Jeter look human. Ultimately, it all comes down to ARod....if he is HGHRod, then you measure up against everyone. If he is destined to be CubRod, then you may as well clean house. I think Cleveland has no shot unless Sabathia and Carmona carry them. The Yankees Wow…23 – a level headed Yankee fan…OK…”crap off”.

I think the Mets are basically unwatchable at this point. I actually hope they tank this weekend, because I don’t have the time to waste on a team that is going to be garbage. If anything, the best result of this situation is that Randolph SHOULD be gone.

I think the Yankees have a good shot. Ultimately, I think the Angels are the most balanced team, although the lack a little power. This maybe be the year when Rivera and Jeter look human. Ultimately, it all comes down to ARod….if he is HGHRod, then you measure up against everyone. If he is destined to be CubRod, then you may as well clean house.

I think Cleveland has no shot unless Sabathia and Carmona carry them.

The Yankees

]]> By: Don Mattingly http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126546 Don Mattingly Fri, 28 Sep 2007 03:35:46 +0000 http://njrereport.com/index.php/2007/09/27/so-long-foxtons/#comment-126546 Oh, and another note, ChiFi... I didn't hear that Michael Kay quote. If he did say that, well, then that is one of the dumbest things I ever heard. I get a kick out of John Sterling only because I am a Yankee fan. If I wasn't I'd think he was the biggest idiot out there. Keith Hernandez and Ron Darling blow the Yankee announcers away. Oh, and another note, ChiFi… I didn’t hear that Michael Kay quote. If he did say that, well, then that is one of the dumbest things I ever heard.

I get a kick out of John Sterling only because I am a Yankee fan. If I wasn’t I’d think he was the biggest idiot out there. Keith Hernandez and Ron Darling blow the Yankee announcers away.

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