Real estate agent is such a liar!
Tabitha Benson
7 years ago
last modified: 7 years ago
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C Marlin
7 years agoSuzieque
7 years agoRelated Discussions
Real Estate Agent Fees
Comments (3)Is he using Redfin? I have heard good things, though mostly on the buyers end. We will probably use them next time we deal with real estate as we spent a lot of money on a traditional agent who didn't do much at all....See MoreReal Estate Agent Fees
Comments (21)Time is also money. A year before we put our house on the market we chose a realtor to sell it for us. Our house was professionally maintained by me and meticulously cared for by my wife so we knew it would sell with ease. That didn't affect our choice. We choose a realtor with a stellar reputation who gives back to the community. She sold the house in two showings to someone on her buyer contact list. Her commission was 7% and she worked for it. Not just on our house, but by developing a reputation in the community as one of the most preferred realtors. I'd hire her again....See MoreDo real estate agents get commission for buying homes for themselves?
Comments (28)I sold my house to an agent and here’s what happened. We went into escrow and she asked for a reduction in the price by 2.5% instead of being paid a commission from my realtor. It was the same out of my pocket so I did it. The realtor then didn’t have to pay a broker fee because she is representing herself in the deal and she didn’t pay taxes on the commission because she didn’t earn one. I could have said no, then she would’ve taken her commission, paid her broker and paid her taxes. In retrospect, I should not have dropped the price the entire 2.5%, only an estimation of what she would net in the deal. So realtor buyers do have an advantage in any deal!!! All these realtors don’t want to admit it on this thread. “Why should her job matter” bc a realtor can manipulate the system. And this is exactly why NAR and Keller Williams lost a class action lawsuit recently - requiring that sellers pay a buyers agent. It inflates home prices and allows realtors to get personal advantages. Things will be changing. https://www.cbsnews.com/amp/news/nar-lawsuit-verdict-real-estate-agent-commissions/...See MoreIs it me, the real estate agent, or just the market?
Comments (11)The good news is that you clearly have an eye for desirable properties. I guess the bad news is that some things are not within your control... Sellers may go with an offer with a larger downpayment (e.g. >20%) over a smaller down payment, just because the lower likelihood of the financing problems cropping up.. Other things that could be a factor cold be other buyers with cash offers, or waiving inspection contingencies (or putting a high dollar amount on those - so you know you won't get nickeled and dime'd to death), or, the bank you're financing through (if it's the wrong one - which surprisingly are some of the "big name" banks) can be a real deterrent to someone accepting your offer. I also agree with the previous suggestion that the better networked Into the local area your realtor is the stronger your chances of your offer being presented positively to the sellers if they're looking at multiple offers....See MoreTabitha Benson
7 years agoTabitha Benson
7 years agoTabitha Benson
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