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Originally Posted by vraiblonde  Practically every point in that article is an exercise in ignorance.
Selling your home: Go ahead and pay for your own advertising, website, print your own flyers and stick signs in your yard. See how much you spend vs. how many people come see your house. You can also enjoy having strangers traipse through your home just because they "wanted to see it", yet have no intention of buying.
RE agents spend a fortune on advertising, and your prospects come pre-qualified and ready to buy.
Buying a home: Go ahead and spend countless hours tracking down suitable homes and scheduling a time to see them. Have fun lining up the home inspection, then fighting with the owner about repairs. Oh, and you can also enjoy the negotiating process, where price reductions and who pays points can become rather heated. And you better bring a friend around when looking because one pair of eyes can't see everything. |
The availability of online data and advertising has greatly reduced the need for a realtor. It’s getting to the point where the only thing you need a realtor for is to open the lock box. For around $200-$300, you can even get your FSBO on the MLS. And not all lookers (agent represented or not) are pre-qualified.
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Buyers agents negotiate on your behalf to get you the best deal. If you as an inexperienced layman want to go toe-to-toe with a listing agent or even the homeowner themselves, have at it. You can also spend your life sitting in front of the computer running down every detail of the transaction process and the legalities involved.
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Sorry Vrai, but no. Buyer’s agents negotiate on behalf of their commissions. If you’re thinking about purchasing a home, you shouldn’t be an “inexperienced layman”. After all, it’s probably one of the largest purchases you’ll make, and it pays to educated yourself and not be lead around by someone that counts on you paying as much as possible for a home.