U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-17-2011, 07:00 PM
 
18 posts, read 35,131 times
Reputation: 16

Advertisements

We are moving to DFW in and are researching agents. Is the 2% rebate thing a scam at all? We are pretty low maintenance buyers we find all our own houses and then do 90+% of the research. I basically need an agent to get me in the houses and make sure I don't make a major mistake (like buying a house with a 2nd floor master apparently

Anyway, does anyone have any experience wth any other companies that offer similar programs ?

Last edited by SouthernBelleInUtah; 09-14-2013 at 03:15 PM..
Reply With Quote Quick reply to this message

 
Old 08-17-2011, 08:00 PM
 
Location: McKinney, TX
25 posts, read 35,523 times
Reputation: 21
My experience is that you get what you pay for. If they are willing to give away that much of their money how are they going to treat yours in a negotiation. Jut my 2 cents.
Reply With Quote Quick reply to this message
 
Old 08-17-2011, 08:20 PM
 
11,915 posts, read 22,178,356 times
Reputation: 10619
Quote:
Originally Posted by LoveDallas View Post
My experience is that you get what you pay for. If they are willing to give away that much of their money how are they going to treat yours in a negotiation. Jut my 2 cents.
I would agree. Even if you're a low maintenance buyer (as far as doing research on your own about neighborhoods & which listings interest you), there are A LOT of things that can go awry in a home purchase where a good experienced agent acting on your behalf is crucial.

Does the 2% agency specialize in the area where you want to buy or do they cover the entire metroplex? Do they know the ins & outs of the area? Know about hip pocket listings that may be perfect for you? Know which streets are more & less desirable due to traffic patterns, certain neighbors, proposed developments, school redistricting, etc?

If it's your 3rd or 4th home purchase in the same neighborhood, you could probably afford to cut a corner with a 2% agent. But in a new city, there is NO way I would risk making a mistake on a $200k, $300k, etc purchase to - presumably- get $8-12k off list price since the seller will pay 2% vs 6%.
Reply With Quote Quick reply to this message
 
Old 08-18-2011, 07:05 AM
 
Location: DFW
621 posts, read 1,140,789 times
Reputation: 306
A lot of DFW realtors will work with you on fees. I know I have always gotten a break. Also, when I purchased a new home there was a realtor incentive of $12k and my realtor told them to apply that to me......She said her commission was enough....
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top