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You're not functionally fluent in "Integrity," Chuckles.
So, your translation is gibberish.
I think that EVERYONE who read my post fully understands what I wrote. However, I'm not surprised that some are unhappy that the truth is being revealed about them. And the guilty are usually the first ones to complain about the revelation.
Unless of course, you find out about a house coming up for sale that isn't listed with an agent that checks every single box your buyer has except 1 so you negotiate directly with the owner (because you are a pro and don't care if the seller represents themselves) and get them under contract on that house. Those times are when you need an agent to help you find a home.
I have to say that there is nothing better as a buyer agent than calling up your clients to tell them that you think you just walked through their new home. Then tell them it isn't on the market so that no one knows about it.
I think that EVERYONE who read my post fully understands what I wrote. However, I'm not surprised that some are unhappy that the truth is being revealed about them. And the guilty are usually the first ones to complain about the revelation.
No complaints here. Your response was typically false, childish, and banal.
Pointing that out is not a "complaint." It is merely correctly labeling it.
You revealed your lack of understanding of retail real estate brokerage and low personal integrity a long time ago here.
Your fluency in gibberish is well recorded.
Unless of course, you find out about a house coming up for sale that isn't listed with an agent that checks every single box your buyer has except 1 so you negotiate directly with the owner (because you are a pro and don't care if the seller represents themselves) and get them under contract on that house. Those times are when you need an agent to help you find a home.
That would indeed be one "benefit of having a buyer's agent"...except that it almost never (or never, in my case, over 30 years of home-buying) actually happens. More often you're trying desperately to get in touch with them to get into a house that's going to go fast that you could get into immediately with the seller's.
We were moving to a new state and had a week to find a house and needed a fast closing. Our agent drove us around for 3 days until we settled on a house. Then she lined up a local broker, speedy inspections, trustworthy repair people. We never could have accomplished what we did on our own.
My only criticism is I don’t think she was as aggressive a negotiator as we would hope.
It’s 13 years later, and she still offers us a free pie on Thanksgiving.
In another incident, my daughter and husband, also moving to another state, would have lost the house they wanted if it weren’t for their buyers agent checking on the status. They were buying a foreclosure and were waiting to see if the bank was accepting their offer. Their agent found out the house was set to be sold at auction in 5 days. They were able to come up with the cash in time, and won the bid.
IF I were buying the house next door, knew the seller, and was familiar with the area, I’d feel comfortable going without any agents involved. I’d just use lawyer in town and do a private deal.
Last edited by gentlearts; 11-30-2023 at 06:38 AM..
Well, naturally, all the realtors on this forum are going to insist that you need one... Personally, I don't agree. Maybe if you're absolutely green, young, buying your first home, and its your first rodeo. For an older, experienced buyer, not necessary. Just deal with the listing agent or the owner if it's a FSBO.
How many real estate transactions do you need to be experienced, in your opinion? And what about how recent they should be?
TRANSLATION: Agents know that a buyer who knows what he's doing isn't going to be led around like a puppy dog on a leash. Consequently, the agent won't be able to get away with their typical "snow job" on the buyer.
Yes, the agent typically wants another agent involved as a buffer so that when they screw up they can point their finger at the other agent to share in the blame.
Your posts say more about your integrity and what you would do than they do about the many unique agents in the country that you always try to paint with such a broad brush. I think most agents would admit there are some real scumbags in the business, but most agents are good and decent people. That's probably true for most professions. What is it that you do for a career?
This is the right solution. You get exactly what you pay for. A good real estate attorney will ensure that nothing is overlooked at closing or during the contract/negotiation process. And there is no potential for conflict of interest assuming he/she is independent.
I have bought/sold a number of houses and in every case, the services that agents provided to me me were worth a fraction of the commissions they received. It's not that they were useless or incompetent, just grossly overpaid.
Heck man, about half the Pre-liminary ALTAs I get at or before closing are wrong and I have to send it back for corrections. It's the attorney that prepared it. Attorneys are great sometimes and have their place, but agents and attorneys do different things. I can't take you seriously if you think attorneys are infallible.
LOL, the attorney is going to show you homes, write your contract, negotiate your contract, prepare counter offers, advise you on repairs, make sure all repairs were completed, stay on top of your contract and make sure deadlines are met, let the appraiser in, coordinate with your lender? How much are they charging per hour and how many billable hours do you think it will take an attorney to close your transaction if they charge in 30 minute increments? Have a question, you paid for the phone call or email.
Additionally, you say have bought a number of houses. What is that number?
How many real estate transactions do you need to be experienced, in your opinion? And what about how recent they should be?
Sometimes the number of transactions hardly matters. I don't miss the lectures from out of state relocatees, "That isn't how we did it in Timbuktu..."
Then there's the fact that a good agent learns something new from many transactions every year. Because every property, every seller, and every buyer are different and being on your toes matters.
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