Forum Replies Created
>>If another agent comes along, and he don’t like it… he should be suing the agent, and, not you….<<
As the first agent didn’t have a contract with the second agent he cannot sue him Scott.
It looks to me more as if Bob’s solicitor was at fault by not protecting his client (Bob).
Then again, we aren’t in possession of all the facts.
Going to court is never a pleasant experience as
the only eventual real winners are the solicitors on both sides.Pisces
JParry, you said :
“Without any doubt the agent has a legal right to his commission.”
Nothing is ever ‘without doubt’.
The courts are full of people who are fighting others and both parties are certain that they are right.
Amazingly, half of them are proven to be wrong at the end.
“If you read your agency agreement you will see that any buyer who is introduced to you through the agent will enable the agent to claim a commission, no matter whether he buys during or after the term of the agreement.<<
ANYONE can make a claim. Whether such a claim will stand up in court that is another story.
It seems commom sense that a lot depends on how much water has flowed under the bridge since the buye originally was introduced to the property.
Yack, you haven’t told us as yet whether or not your contract carried a clause stating that the buyer hasn’t been introduced to the property by any other agent than the one mentioned on the Contract of Sale.
If so then it appears as if you’ve got nothing much to worry about. If the contract didn’t carry such a clause I would look towards your solicitor for compensation as he was clearly negligent.
Pisces
I think it only is going to apply to Australians who choose to live in Europe. [laughing]
I think it is called the ‘Expatriates, we will get you’ law. [cap]
Pisces
Ha ha ha, the two of you completely misunderstood me so let me re-prhase it.
If it is O.K.for (say) Liz to sell a property for the highest price she can obtain why is it wrong for Robert Allen to sell his seminar for the highest price he can obtain ?
However, I agree with Liz that it is silly to pay thousands of dollars for a seminar if one can get the same kind of information for virtually free.
Pisces
Gee, I wouldn’t want to get on your wrong side WallFlower. You are obviously well able to take care of yourself, prepared as you are to dispense any unwanted would-be-amorous male into the icycold water below.
You probably got the idea from George who, in one of the episodes of Seinfelt, was talking about shrinkage ?
(Absolutely the funniest episode I’ve seen sofar. George of course is a very good actor.
Pisces
Offense ? What are you talking about Jo.
That’s not how I perceived your post.I just thought it a good time to add on to both Kay’s and your post to ask a serious question.
I posed the question before and no-one responded.
I get a lot of e-zines which all talk doom and gloom.
And the logic they provide cannot just be ignored or dismissed with the wave of a hand.
I am really in two minds. To go full out (presently all cashed up) or load up with some more gold and wait.
Regards,
Pisces
I think, Sonja, that the participants know each other quite well and it is just some humorus (or should that read ‘humorless’ ?) banter that is going on.
Pisces
Jo said : “but things change, as they inevitably do (should).”
and
“It’s a great time for FHO and those keen investors looking to pick up a bargain.”
At a time (of turmoil in the world) where, literally, anything can happen should one or shouldn’t one bother to be prepared for the worst to the best of one’s ability ?
Should one ignore the possibility of the worst possible sceanario happening and be on the lookout for bargains as ‘eventually’ (one would hope) things will turn around again or should one (just in case) clamp down the hatches ?
And, if one’s choice is to play defense, defense, defence, what form should that take ?
Jo ? Anyone else ?
Pisces
Normally a Contract of Sale carries a clause which states that the purchaser has not been introduced to the property by any party other than the real estate agent mentioned on the Contract of Sale.
If the court finds it otherwise the buyer would, I would think, be liable for the second lot of brokerage.
I imagine you have had legal advice ?
I would be surprised this would be the first case of its kind. Has a search been done regarding similar previopus court cases ?
Pisces
Stuart, as Derek suggest, the scheme may well be unacceptable to the taxation office.
Where would that place a broker who suggest a prospective borrower to enter into such a scheme ?
Pisces
Jaffasoft, as suggested already, when studying it
is necessary to have a quiet mind, and not be disturbed by things like the tv blaring away.A memory system is definitely a help. The ones you see advertised on TV may cost you (ouch) say $ 400-00 or so.
However there are definitely books available which disclose the method. A book may set you back say anywhere between $ 10 to $ 30.
I can see where you are coming from and I would suggest you go to your local healthfood store and ask for Gingko Beloba. It is a herb and it definitely will make a difference to one’s memory.
If you have to learn signs (as you mentioned) another way would be to look at the signs one at a time and say aloud (in a singing type of manner) what it means (so put a tune behind it).
.
Do it the same way children (used to) recite tables at school.Arggg, you probably are too young to remember that. I don’t think they do that any more. Instead they teach children how to use a calculator.
Pisces
Alf, the way I see it, it is generally speaking better to have an interest only loan than a Principle & Interest loan for a very good reason.
Firstly, if you so wish there is nothing to stop you to make payments on an Interest Only loan just as if it was a P&I loan.
So from that point of view there is no difference as far as the fact that in both situations the loan will get paid off over a period is concerned.
The big difference is in the flexibility in that an Interest only loan gives you the possibility
to call upon the money you have paid over and above the interest if at some stage one gets into some financial strife.Having a little bit of breathing space can make all the difference to one.
Many of the people I meet are close to being fully committed so a rescue possibilty being in place would be a big help to them in times of need.
There are at least a couple of drawback about an Interest Only loan.
Some lenders may lend a lower LVR (or not at all) on an Interest Only loan (as well as the fact that the MLI premium will be higher than with a P&I loan).
The second drawback is that one may be fritter away the difference between the two types of loan on frivolous things the result being that the loan is not actually being paid off.
Historically speaking (and over a longish period) one would have been better off to have a Variable Rate type of loan.
Whether to lock in a Fixed Rate loan is a decision only the borrower can decide upon.
Historically a Variable Rate would have been better. Then again, having a Fixed Rate locked in may well make you sleep better.
The choice is, as always, yours.
One thing stands out. The fact that some of the lenders have been dropping their fixed rates gives away their thinking i.e. that they don’t think that the rates will run away from us.
Whether that is really a help is something else as no-one can state with certainty that so and so will happen.
There have been occasions where the rate was increased because of certain perceived needs only to be lowered again shortly thereafter.
Ultimately no-one really knows what the future will bring to us.
So there you are, the ball is back into your court.[cap]
Pisces
There is no problem with someone trying to build up their chain.
A problem arises however when the people invited to attend a talk are being told lies so as to suck them in.
A MLM business doesn’t suit everyone.
The remuneration just doesn’t warrant the time spent on making sales.Yes, some people have made money, the people at the very top of the ladder that is.
The odds of succeeding are so small that it isn’t worth the risk of getting involved.
Pisces
Wilko, St George are very good. Very competitive.
Go for your life if it is a better deal for you.
Pisces
Liz, Rugbyfan, didn’t you see the ‘big grin at the end of the sentence ?
I was merely talking tongue in cheek.
Pisces
Yack your post brings up some very valuable and interesting points.
However, I happen to look a little bit different about the subjects you bring up.
It isn’t at all about whether Robert Allen is greedy and (by implication whether or not he should, by your standards, charge less).
He may even have be lying his head off when he says he wants to help people.
When he states that he just wants to help people I am with you all the way in that I take this with a sackfull of grains of salt.
All of that however is totally irrelevant. He could be the greatest crook or swine in the world.
If he has some valuable knowledge which I want the one important question is whether it is worth it TO YOU to pay his asking price.
If not, fine, go and get your information elsewhere. We all make these kind of decisions all the time.
I note your statement “And dont give me the crap about the more you pay the more valuable is the info.”
However I would think that it would be more applicable to replace that with the statement “If something is given free of charge it is likely to be not as much appreciated as if one has to pay for it.”
Would you be able to agree with that statement Yack ?
Good on you for providing your services free of charge to a club.
Cheers,
Pisces
>>I think pressure should be placed on seminar presenters to open their books and show us the hard evidence they are successful with their investments – not give us some glossy blurb in a newspaper ad.<<
I agree 100% with that provided they are making claims that they have done this or done that.
However, your statement “…. don’t really add much to his first book. But boy is he getting richer and richer!”really says a lot more about you than about Kiyusaki.
>>These seminar presenters are not Gods. Many books can do the same thing as long as you get the motivation to do something. And it is much cheaper. Also you can never really replace trial and error as a means of learning.<<Fine, go for it.
It’s fine to be positive and pumped up to be a successful investor. But after the hype fades, it is only your dedication that will see you through.
Yes, I agree, we all prefer to just receive a magic pill. Swallow it and one will be drenched with the right attitude.
That isn’t however how it works.
What is your gripe about Robert Kiyosaki exactly ?
I bought two of his books at the same time after having been sucked in by the publicity blurb in a newspaper. I threw them away because, to me, they were rubbish.
However, it is a free world. The man can write as many as he likes. Just as you are free to either buy them or not buy them.
Pisces
>>I am not sure why you found it so essential for Celivia to make a public apology…<<
Kay, you have known me now for some time and should know really better. I like to pull people’s legs. It is only when I call someone an ‘idit’ or tell him/her that he/she is telling BS that I am serious.
>>But I still think this Forum is a place that we can provide balanced perspectives.<<
I agree. But ……….. , it is hardly a
b-a-l-a-nc-e-d perspective if there isn’t a sound reason for one’s objection.Robert Allen’s methods do work no doubt about it. But it requires hard work and some common sense.
So all those people who call out ‘ASIC, come and stop him’ are barking up the wrong tree.
Pisces
I don’t really know Celivia. I guess time will tell. In the meantime trey to sleep peacefully at night. [evo]
The better question however is ‘Why do so many people have a gripe about Robert Allen ?
Is it the material he is teaching or the price he charges ?
The material ?
I think it is twofold i.e. it consists of (a) technical knowledge and (b) motivation.Is there any problem with that in your mind Celivia ?
Or is it the fact that the size of the cost of the seminar is too large for your liking ?
I am not holding a brief for Mr Allen, far from it. It makes me sick however to see the kind of unjustified knocking that goes on.
The point is that if the anticipated knowledge isn’t to your liking the solution is simple i.e. Don’t attend the seminar.
If it is because of the price think again.
We know already that the knowledge Robert Allen spreads is also available in many books at a lot lower cost.
So if the issue is that he charges some $ 4 K and you have a problem with that then, again, don’t go and, instead, spend two or three hundred dollars on a number of books as well as spending a few months on a couple of free websites.
So, other than the above, Celivia (and others), what is the problem ?
People being shaken out ? People being misled ?
People being told that they can make a fortune and the reality being that many simply will not go on and even put in more than a token effort ?.Whose fault is that ?
This is a free world and anyone can charge anything they like or would you prefer the alternative i.e. that the price of everything is controlled and one’s world becomes a shamble (like has happened in the countries which had the well intended communistic system in place) ? .
Let me give you another example.
There is an organisation which appeals to would be could be car racing drivers.Some 15 or more years ago they, then, were charging some $ 20,000 for their product.
Today they probably charge say $ 30 K or perhaps even $ 40 K.
What is it they are selling ? They provide driving lessons in a high speed racing car. The participants get to drive an expensive actual race car and get to experience all what is involved in racing an expensive, high powered, fine tuned motor car.
Something they always had a wish to do. At the end of the course the best student get to actually participate in a race and, if the course is able to bring out exceptionally driving qualities who knows where he will finish up at in the racing world.
People fall over themselves to join. How else will they ever drive a million dollar car and fulfill their dream by getting the experience and the thrill of doing what they always have dreamed about ?.
Will they all go on and change their career ? No, of course not. Everyone is well aware of the fact that of say 20 participants only one, the best one, will succeed and go on into a race (or races).
Are they being ripped off ? Do they feel ripped off ? I doubt it very much.
I think they feel ecstatic for the experience. How else would they ever experience driving such an expensive car with a support team and no responsibility if they roll the car into a write off situation ?Now what is the difference between the would be could be (the majority) never will be car racing drivers and the participants in any other kind of seminar (including the Robert Allen affair) ?
No difference. In Robert Allen’s course I think we can safely assume that most will not reach their dream to the fullest extent. mOst will, for one reason or another, not reach their fullest potential. Does the fault lie with the matrial ? Or the teacher ? Or one’s personal make up ? (being lazy, fearfull and thus not prepared to act, etc etc).
Who do the knockers think they are that they feel they want to protect the innocents.
It is already clear that some people have as a matter of course an ulterior motive for knocking someone.
It may be because they are publicity seekers rather than supporters of the innocents and naïve ?
it may be because they have psychological problems and by acting they do they may feel better within themselves ?They may be a bit soft on top themselves and unable to think things out.
There may be a myriad of other reasons for their knocking.
However, what is the excuse for the knockers on this website ?
Is it the material they object about ?
Is it the size of the seminar charges ?
Is it to protect ‘innocents’ ?Innocents ? Are the seminar attendants mentally handicapped ? Do they need a protector ? Do they not get a ten day (?) cooling off period ? Are they soft on top and ten days isn’t a long enough period to work things out for themselves ?
Or are you perhaps closet communists ?
Is it Robert Allen’s fault if many of the participants do not succeed because something in their make up stops them from going out to do the things, the work, necessary to
succeed ?You don’t get a certificate at the end of the seminar as far as I know. You do however get to grow in knowledge and experience. Is it not up to oneself what one does with the newly acquired knowledge ?
Pleeze give me some understanding where you knockers are coming from. What exactly is your gripe ?
Pisces
Celivia, you think I am joking about you possibly going to be involved in a courtcase.
People in the US are very litigious, they try to take someone to the cleaners at the drop of a head.
Has happened before and will happen again.
Better (and cheaper) to make an apology stating that you made an honest mistake and would like to clean the slate.
It doesn’t cost you anything and is definitely cheaper than feeding some hungry barrister.
Pisces
