melvimbe
FRF Addict
You don't really think that do you?
Just because it ain't up front doesn't mean it's not getting paid.
New home sellers add buyer realtor costs automatically to the price of the home. All these homes go double if you are looking for a new home. Since new home sellers literally have the realtors in their office. Your realtor ends up doing exactly nothing during the process useful and raking in a fat check upon closing.
not showing up with a realtor enables buyers to negotiate on the price.
I've never heard of a buyer being able to negotiate a better price because they didn't have a realtor. Not saying it never happens, but never heard of it being done before. If you're the seller, sure you can save yourself some money, but even that seems a little suspect as realtors have lowered their % take in order to win the business.
My guess would be that if you want to do a deal where neither buyer or seller has an agent, that would go smoothly.
For existing homes virtually the same thing applies. There is no home seller that does not predict that the buyer will
want them to play closing costs. And along with that big fat realtor percentages.
It's my understanding that in the current market at least, the seller is likely to have competing offers, possibly even getting more than asking price. For cases like that, I don't think sellers going to be paying closing costs.
On top of that. MLS listings are widely available on free websites. Super easy to use.
Easy to use, but only agents have access to the lockbox to get the key to show your house when you're not home. That is a significant change though, as it used to be that a realtor is the only way you could really find out what properties were available. Not at all anymore, and I would probably ask a realtor not wasting time trying to pick homes for me instead of just letting me tell him/her what I wanted to see.
I see the comment on how useful realtors are. hahahahaha
The illusion is that realtors know anything at all. Their job is to sell, they do that on no matter what you buy.
I've had mixed results with realtors. Some don't do anything besides grant you access to homes you want to see, while others are useful in finding the right home and giving advice through the whole process. I once had a realtor had me a form to sign....which was waiving the right to inspection. Good thing I read before signing.
I love those shows where the home buyer is asking the realtor if they can knock out a wall or something. and the realtor is like yeah you can do that. Uh huh, because they are an engineer too. hahaha
Don't think they have some specialized knowledge of entire metropolitan areas. They don't. Or any knowledge of construction.
They don't list what they have available? what? do you think they make money by not listing what they have?
If a realtor is listing a hot property that will surely sell quickly, they will let their friends now about it before listing to get the inside track.
You do you. But don't believe the hype.
I liken realtor costs to students taking loans. People are like, **** it, because they just see the cost on paper and it's no big deal. Yeah, now pay a 30 year loan on that money.
If you can get a better deal as a buyer as you've claimed, and get access to all the homes you want to see, sure. Like I said, never seen that before.