« prev   random   next »

2
0

Buyer agents are free,free,free?

By MAGA follow MAGA   2019 Apr 5, 1:01pm 727 views   13 comments   watch   nsfw   quote   share    



1   HeadSet   ignore (2)   2019 Apr 5, 2:29pm     ↓ dislike (0)   quote   flag        

Not sure what your point is, but this "free" buyers agent is why it is so hard to sell a home without a Realtor. People virtually always call a real estate office when they want to buy, and are assigned a "free" buyers agent. These buyer's agent will not show homes that are not listed in the MLS. I have bought 3 homes without an agent, but was never able to sell any home until I listed it. I did get a break on commission, though.
2   SunnyvaleCA   ignore (0)   2019 Apr 5, 2:36pm     ↓ dislike (0)   quote   flag        

Agents trying to get large % commissions around here are particularly annoying. Typical sales cycle is open house for 3 hours on a Saturday and then a Sunday and then the house sells later that week. 6% on a $2 MM is $120,000. Even if the buyer's agent gets only 1%, $20,000 for a dozen hours of work is good income!
3   HeadSet   ignore (2)   2019 Apr 5, 2:45pm     ↓ dislike (0)   quote   flag        

SunnyvaleCA says
Agents trying to get large % commissions around here are particularly annoying. Typical sales cycle is open house for 3 hours on a Saturday and then a Sunday and then the house sells later that week. 6% on a $2 MM is $120,000. Even if the buyer's agent gets only 1%, $20,000 for a dozen hours of work is good income!


In a market where houses sell in a week, you should be able to seriously negotiate the commission down. Agents would be happy to negotiate to get that sure fire listing. Also, in such a rapid turnover market, you may even succeed where I did not, and sell without a realtor.
4   AD   ignore (0)   2019 Apr 5, 6:47pm     ↓ dislike (0)   quote   flag        

If you want to sell your house then get a sellers agent not a listing agent. Sellers agent means they will list your home and can make a sale quickly. They won't drag on the listing for a long time.
5   Dholliday126   ignore (0)   2019 Apr 5, 8:24pm     ↓ dislike (1)   quote   flag        

Just to correct a few things so you don't come off like total morons:
1. The buyer agent is always free. Seller pays comissions. So that ad makes no sense.
2. RE agents typical work for months without getting paid. Even if they sell your house in a week, you still have minimum 30 day escrow and all the negotiating during inspections which there's no was sy in hell a seller could do because home buying/selling is too emotional.
3. RE agents are marketing and transactinal facilitators, that's what you pay for; to bring more buyers and make sure there's a level head as shit hits the fan.
4. You use RE agents to shift liability, because they have insurnace if something goes wrong. Otherwise you would be in court.

All the people who shit on relators should just go and "for sale by owner" like 10% of the retards out there, take iPhone pictures of their house, list it on the MLS and then get into escrow with their template legal forms and wait for the buyer to ask for a 50k request for repair....and see what happens.

* wife is a realtor.
6   HeadSet   ignore (2)   2019 Apr 5, 9:06pm     ↓ dislike (0)   quote   flag        

All the people who shit on relators should just go and "for sale by owner" like 10% of the retards out there, take iPhone pictures of their house, list it on the MLS

In your area, a FSBO can list on the MLS?
7   HeadSet   ignore (2)   2019 Apr 5, 9:08pm     ↓ dislike (0)   quote   flag        

1. The buyer agent is always free. Seller pays commissions. So that ad makes no sense.

The ad is an attempt to recruit sellers and listings. It "makes sense" in that someone watching may not know all buyers agents are free, so they will call that firm.
8   B.A.C.A.H.   ignore (0)   2019 Apr 5, 9:13pm     ↓ dislike (0)   quote   flag        

The house that we wanted to buy, was for sale by owner.
It made me nervous, so I hired a lawyer to oversee the purchase.
9   HeadSet   ignore (2)   2019 Apr 5, 9:31pm     ↓ dislike (0)   quote   flag        

B.A.C.A.H. says
The house that we wanted to buy, was for sale by owner.
It made me nervous, so I hired a lawyer to oversee the purchase.


Yes, when I tried to sell by owner, the potential buyers were also "nervous." But instead of a lawyer they brought a realtor. When I was not interested in signing a full commission listing agreement, the realtor talked the buyers out of my house and into looking instead at listed properties.
10   willywonka   ignore (4)   2019 Apr 6, 3:35am     ↓ dislike (0)   quote   flag        

Dholliday126 says
The buyer agent is always free. Seller pays comissions. So that ad makes no sense.
And adds it to the selling price of the home, which buyer pays for.
11   CBOEtrader   ignore (6)   2019 Apr 6, 3:57am     ↓ dislike (0)   quote   flag        

Dholliday126 says
All the people who shit on relators should just go and "for sale by owner" like 10% of the retards out there, take iPhone pictures of their house, list it on the MLS and then get into escrow with their template legal forms and wait for the buyer to ask for a 50k request for repair....and see what happens


So, pay you $50k w no risk to yourself, so you can negotiate an unreasonable $50k demand from the buyer cause otherwise my darn uncontrollable emotions might get in the way. (Its almost like your sales pitch is targeted at trophy wives.)

Where do I sign?
12   BayArea   ignore (1)   2019 Apr 6, 5:04am     ↓ dislike (0)   quote   flag        

NAR Cartel
13   Patrick   ignore (0)   2019 Apr 8, 7:14am     ↓ dislike (0)   quote   flag        

Dholliday126 says
The buyer agent is always free. Seller pays comissions.


Gosh, that's so nice of the seller.

Where does the seller get that money from?

about   best comments   contact   one year ago   suggestions