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Old 06-25-2010, 02:05 PM
 
Location: Westerly, RI
381 posts, read 1,223,676 times
Reputation: 120

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Previously we used one recommended by our realtor. Never again! We need someone who has only our interests at heart. Is such a thing possible? Or will they just go behind our back and make a deal with our new realtor (who's with a major company)?

We're looking at homes in Essex & Bergen and would like to be ready.
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Old 06-26-2010, 11:27 PM
 
1,727 posts, read 2,911,519 times
Reputation: 1455
I know two that I'm using now in Hoboken and can recommend both if you're interested. Brian Davis and Cari-ann Levine. I use one for my sale and one for purchase because my sale attorney will be on vacation during my home purchase. They are also reasonabe with their fees unlike alot of others I know that charge 1200-1500 which I find absurd!
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Old 06-27-2010, 07:45 AM
 
Location: Montgomery County, PA
2,771 posts, read 5,883,892 times
Reputation: 604
Quote:
Originally Posted by Ninasimonejr View Post
Previously we used one recommended by our realtor. Never again! We need someone who has only our interests at heart. Is such a thing possible? Or will they just go behind our back and make a deal with our new realtor (who's with a major company)?

We're looking at homes in Essex & Bergen and would like to be ready.
You should be able to count on your realtor to negotiate a good price for you. You should interview your potential buyers agent and make sure they look like a good fit. Some things I wish I'd considered in advance:

(1) sometimes you'll talk to one agent, but it turns out they hand you off to someone else from their brokerage. There's not necessarily wrong with that - the person they hand you off to might be a better fit for a number of reasons. But if they're going to hand you off to someone else, you want to interview the person they hand you off to as well.

(2) they should be willing and able to provide you with good information on comps, especially sold comps.

(3) the more experienced agent isn't necessarily the best. A rookie might be willing to work 10 times as hard.

Once you get past the inspection stage, if there are any major issues, you need your attorney (not someone recommended by your agent!) and not the agent, to bat for you. The agent wants the deal to close (even if they're a buyers agent), whereas the attorney is indifferent.
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Old 06-27-2010, 09:03 AM
PDD
 
Location: The Sand Hills of NC
8,773 posts, read 16,578,746 times
Reputation: 11950
Quote:
Originally Posted by kimchee View Post
I know two that I'm using now in Hoboken and can recommend both if you're interested. Brian Davis and Cari-ann Levine. I use one for my sale and one for purchase because my sale attorney will be on vacation during my home purchase. They are also reasonabe with their fees unlike alot of others I know that charge 1200-1500 which I find absurd!
I am in no way defending Lawyers but 12-1500 is absurd but paying a chauffeur (real estate agent) 12-15,000 to drive you around and show you homes listed on the internet is OK with you.
4 years college plus 2 years law school = $1,500
4 weeks study course for Realtor = $15,000 +

Something is wrong here.
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Old 06-27-2010, 03:06 PM
 
Location: GA
2,791 posts, read 10,167,703 times
Reputation: 1163
I paid less than $1000.
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Old 06-27-2010, 07:00 PM
 
Location: Cranford NJ
1,049 posts, read 3,778,841 times
Reputation: 403
Most attorneys are deal breakers. They really do not care if the deal stays together. The agents are the glue that work out the issues.
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Old 06-27-2010, 08:57 PM
 
Location: Westerly, RI
381 posts, read 1,223,676 times
Reputation: 120
Thanks to everyone who answered or DM'd me! Your help is appreciated!
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Old 06-27-2010, 08:59 PM
 
Location: NYC & NJ
747 posts, read 2,498,096 times
Reputation: 337
DM sent with our attorney's name.
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