Louisiana Is Getting Ready To Settle With The Ftc Whether The La. Board Likes It Or Not

[Eli]

LA is not joking!

They know the law.

 

[Eli]

And the title of this thread is a "joke"!

No wonder to me!

 

[Eli]

I really can't believe the Appraisal forum allowed the thread title.

 

[Eli]

If Timd worked for me, he never would have posted this thread without being fired.!!!!!!!!!

 

[Terrel L. Shields]

Go ask your local station how they set the price for the day

The owners of the gasoline set the price, be it the station or the supplier and that changes as the price at their source (here most buy from the refiners in Tulsa, OK). And it varies by town, EZ Mart might have three prices in three proximate stores according to where the store is, what town it is in, and what the competition is. When Wally World closed their Express stores, every other station raised prices by a few cents.Dollar General bought the old Express store in one town and prices dropped a few cents again. The one Express store that did not have pumps, the prices didn't change in that town. And EZ Mart maintained a single penny cheaper than The Station.

Your conspiracy theory is nonsense and everyone but you seems to know it. You and Eli need to partner up.

 

[Eli]

The owners of the gasoline set the price, be it the station or the supplier and that changes as the price at their source (here most buy from the refiners in Tulsa, OK). And it varies by town, EZ Mart might have three prices in three proximate stores according to where the store is, what town it is in, and what the competition is. When Wally World closed their Express stores, every other station raised prices by a few cents.Dollar General bought the old Express store in one town and prices dropped a few cents again. The one Express store that did not have pumps, the prices didn't change in that town. And EZ Mart maintained a single penny cheaper than The Station.

Your conspiracy theory is nonsense and everyone but you seems to know it. You and Eli need to partner up.

Value on c-stores is directly related to volume of gallons pumped. Big time!

They make a ton on the inside but it all correlates.

 

[TRESinc]

Value on c-stores is directly related to volume of gallons pumped. Big time!

They make a ton on the inside but it all correlates.

the largest profit margins are not the sale of gasoline, it's the in-store items like drinks and food items. it costs more for a 20oz bottle of coke than a 2 liter bottle of coke. you pay the price for convenience.

 

[Evincere]

Worst case scenario for LA is that this law suit truly familiarizes the FTC with the AMC model and their workings. Changing their direction and attention by providing new rocks and dirt to kick about and sift through.

REVVA may just have inadvertently opened up their own Pandora box of unintended consequences.

 

[bnmappraisal]

truly familiarizes the FTC with the AMC model and their workings. Changing their direction and attention by providing new rocks and dirt to kick about and sift through.

I haven't followed too closely, but have followed this thread.

I just wanted to add: Although it's been a little bit since a borrower has asked me about fees, anytime someone (borrower, agent, h*ll, even a personal friend of mine) asks me about the process and I talk about the "middle man" (AMCs) they're all pretty shocked/taken back. And although I don't disclose my fee paid for a particular assignment (maybe to a personal friend) many/most think the fee they paid their bank/lender/mortgage company is the fee the appraiser receives.

So I think it will be nice if an outside entity, like the FTC or whoever, on a national/fed gov't level sees some of the "inner workings" of this whole process. As someone who's been on both sides, it's definitely not always what everybody thinks from EITHER SIDE. Good and bad.

 

[Eli]

the largest profit margins are not the sale of gasoline, it's the in-store items like drinks and food items. it costs more for a 20oz bottle of coke than a 2 liter bottle of coke. you pay the price for convenience.

I know. I have appraised a few. The first question I have is how many gallons are you pumping.