Good morning!!!!

[buckeyefarmer]

Txdon posted a while ago that he called Bird. He had a hard time explaining to Bird who he was.

Dementia is awful

 

[buckeyefarmer]

An "earthquake level" court decision recently came down that upended the real estate industry. This will affect every property owner who wants to buy or sell.

The agent you described seemed to have ethics violations all over. Glad you refused. But the old ways of walking into a RE office, informally hiring a buyer's agent to look at property or to write up an offer, are pretty much over. Expect to sign a contract now before doing anything. It's part of the negotiated court settlement.

The intent was to lower fees and commissions. That may happen. But a lot of buyers are going to get hurt by the more rigid formalities of hiring a buyer's agent for representation. Sellers are affected but not as much. Right now it is pretty much a mess.

What the National Association of Realtors' settlement means for consumers and real estate brokers

New rules could start saving home buyers and sellers thousands of dollars in lower commissions as soon as this summer, but experts say it will take the market some time to digest the changes.

www.nbcnews.com

Looks like all they did was transfer who pays the fees from the seller to the buyer. I'm not playing that game. I expect the for sale by owner to increase.

 

[plowhog]

Looks like all they did was transfer who pays the fees from the seller to the buyer.

One of the arguments in the case was buyers were forced to engage in transactions where the seller solely agreed to pay a certain commission, typically half of it to compensate the buyer's agent. Sellers are now prohibited from advertising any compensation to a buyer's agent-- none. That closed the door to how buyer's agents get paid. They can't work or provide service for free, so buyer's agents are now presenting contracts and representation agreements to clients before doing anything. Because of the new rules, this is what is required for them to be paid for services provided.

I expect many buyers to balk at signing a contract before taking the first steps. It is a big change. Some buyers, or many, will decide to go it alone. A bit of "wild west" in real estate. Probably a lucrative time to be a real estate attorney-- working on all the upcoming blown transactions.

 

[Buppies]

True plowhog good for our son

So sorry about Bird I personally know how bad the disease is

 

[Buppies]

Great puppy pictures makes me really want another one

 

[sodamo]

67°F and .28 inches rain.

Some piddling about yesterday.
My tractor tech says he is awaiting parts and will update after he has in hand. Progress.

Happy Hour just a small group of 7, but a good time.

Got an afternoon phone call that changed trajectory of today. My end of month dental will be 9m today. Major excavation to replace 40 year old fillings. Could affect rest of my day.

Small dinner at neighbors tonight.

Prayers for all
Be safe
Have a great day

 

[Buppies]

Good luck at dentist sodamo hopefully not too painful

 

[gstrom99]

Pouring rain, here. 1.5" in gauge so far, but others around here have 4"+. Saw this guy in my back yard, with a hen just off frame to the left. Look at the field in the background. He just planted corn here over the weekend.

 

[scott_vt]

Good Afternoon Ken,

Pool looks great Scotty.

Thanks Ken, the water looks pretty good but I’m confused by the filter pressure reading ! It usually starts around 20 lbs not 10 lbs ! Anyway we will let it run and see what happens !

I did put in the drain along the side of the pool so just in case we get another torrential rain storm we should be Ok !

 

[rswyan]

LWS reports 85F and sunny @ 13:30, calling for a high today of 87F. That one reported yesterday's high as being 92.1F ...

Possible I guess ... it was warm ... but not sure if it was quite that warm.

Got plants on shelves watered first thing.

Members of The Bug Patrol were on duty and keeping a vigilant lookout for any intruders:

After that I started the mowing down here around the house and got all that done.

Got the 2 suet feeders refilled.

Red rhododendrons are now in bloom:

Woman got back from eye doctor appointment/shopping as I was finishing up the mowing.

Her appointment went well ... other than the fact that She got a referral to have cataract surgery on both Her eyes. I guess that's good or bad, depending on how you look at it.

I then started working on making up some more cages for plants. The count was up to 22 or 23 completed by the end of the day.

During that we had an escape:

... which was very short-lived.

Thankfully, Squeak is skittish enough about being outdoors (with all the large kitty-eating monsters) it doesn't take to much to send her running for the door and shoo her back inside ...

Got all the newly potted tomatoes and peppers moved around back to the shelves.

More insect netting and landscape staples ordered from Amazon, due in tomorrow.

Finished up the day by grilling some burgers The Woman made up along with Bush's Baked Beans. I had 2 and She had 1, very tasty.

Not sure what all we'll get into the rest of today ... WU reports temp is now up to 87F.

May fill up the Water Buffalo and do some watering.

If it clouds up enough may get some more vegetable plants in the ground.

Otherwise see what else comes up.

Hope everyone is having a decent Tuesday ...

 

[scaredychicken]

One of my customers in British Columbia said their dump worked for decades without restriction. Small town. Then a new regulation required it be monitored by a live employee but fenced off and locked when not. People arriving at a locked gate with a load of trash would dump it in the woods instead of taking it back home. The small town had to buy a special truck and hire more people to go clean it all up.

YUP.
and even the recycling bins are monitored by security, as you drop off items, containers etc. Recycling in free, garbage you pay by weight or bag

 

[scaredychicken]

I am giving some serious consideration to this Wallenstein chipper / shredder.

I think that it would work for my purposes, especially in cleaning up the wild-fire fuel (that Hydro recently left for me after a clearing of the lines). I'm in touch with the seller, and intend to check it out this week. Perhaps give a deposit and payments before picking it up. --- I have some bookkeeping invoices still in Accounts Receivables. We'll see.

suitable for 3" under, has gravity feed, honda motor, tow behind

cheers

 

[Looking4new]

Our dump is still free for kitchen garbage. Wood, brush and construction materials you pay for as well as fridges and freezers.
Open 6 days a week, closed Mondays.

 

[scaredychicken]

in my little corner we have a part-time "transfer station" open 10 -4 from Friday - Tuesday (closed on Stats) ... I need to coordinate my trips. there is also a metal recycling with free drop off 20 min away, open 24/7 (that is convenient ... drop stuff off on my way into town)

 

[buckeyefarmer]

Never seen so much trash talking on TBN before...

 

[buckeyefarmer]

One of the arguments in the case was buyers were forced to engage in transactions where the seller solely agreed to pay a certain commission, typically half of it to compensate the buyer's agent. Sellers are now prohibited from advertising any compensation to a buyer's agent-- none. That closed the door to how buyer's agents get paid. They can't work or provide service for free, so buyer's agents are now presenting contracts and representation agreements to clients before doing anything. Because of the new rules, this is what is required for them to be paid for services provided.

I expect many buyers to balk at signing a contract before taking the first steps. It is a big change. Some buyers, or many, will decide to go it alone. A bit of "wild west" in real estate. Probably a lucrative time to be a real estate attorney-- working on all the upcoming blown transactions.

I always saw that as the buyer pays the price they agree to pay for the sale, and then the seller pays the fee's that they agreed to out of the money they made. Once they settle, it's now the sellers money, and if they agreed to give 3% to the buyers agent, then it was their decision. It's just an accounting practice. What came first, the chicken or the egg.

this isn't just a real estate thing. everything.

A seller takes out an ad and sells something, ultimately the buyer paid for that ad, because they provided the funds.
You rent a house, you account for property taxes, etc associated with the house. The Renter ultimately pays.
Don't get me started on the number of times we pay taxes on the same thing over and over...

 

[Buppies]

You know they threw tea in the harbor once maybe we need to do it again

 

[buckeyefarmer]

You know they threw tea in the harbor once maybe we need to do it again

I am with you. I try to throw away any tea I come across.

 

[Thomas]

Glad it's coming together for you K4N.

 

[Buppies]

I’m glad L4N is improving as well Thomas