Is it just not worth using a realtor anymore or was mine just terrible?

Anonymous
I just sold my home and between the 2 agents the commission was $54k at 4.5% and I truly don’t see that kind of value in their work. I literally saw my realtor 3 times. Once at first meeting, once when the photographer came and once at the closing table. They were not present at any showings, I hated how they virtually staged my house and made it look actually look cluttered and when a buyer accidentally shattered a window by hitting it to test its strength I was the one who had to deal with the repair people.

We had multiple offers come in because we priced low but the realtor would never call us to tell us we had an offer. They would just email then and wait for us to respond. They never came in person to present them or offered to go over them. It was us making comments about things like earnest money being too low or closing being too long etc. They provided zero guidance. They also did not offer to play the multiple offers against each other. They just wanted us to pick one offer and not negotiate.

I really can’t see the value in what they’re doing. Was mine just horrific or are they all like this now?
Anonymous
It sounds like you just had a crappy agent.

At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.
Anonymous
Why didn’t you pay for real staging?

Why didn’t you ask them to negotiate?
Anonymous
We've internet, photographers, stagers, title companies, real estate attorneys, appraisers and inspectors.

I don't see why we must've expensive realtors. To open locks? There are automatic locks and home cameras for safe and convenient tours.

Realtor commissions should be flat charges. May be $25-100/hr?
Anonymous
Our buyers agent wrote the contract and that was it. Didn't even come to closing.
Anonymous
Anonymous wrote:We've internet, photographers, stagers, title companies, real estate attorneys, appraisers and inspectors.

I don't see why we must've expensive realtors. To open locks? There are automatic locks and home cameras for safe and convenient tours.

Realtor commissions should be flat charges. May be $25-100/hr?


People have been saying this my whole life and yet they’re no closer to getting their way/FSBO still has a major stigma. But maybe this thread will finally be the straw that breaks the industry’s back
Anonymous
Anonymous wrote:
Anonymous wrote:We've internet, photographers, stagers, title companies, real estate attorneys, appraisers and inspectors.

I don't see why we must've expensive realtors. To open locks? There are automatic locks and home cameras for safe and convenient tours.

Realtor commissions should be flat charges. May be $25-100/hr?


People have been saying this my whole life and yet they’re no closer to getting their way/FSBO still has a major stigma. But maybe this thread will finally be the straw that breaks the industry’s back


Actually, plenty of people do it. Not necessarily true FSBO, but with a flat fee agent that costs maybe $1K or $2K (they still usually offer 2.5% to the buyer's agent). There are flat fee agents out there, and they have even been recommended on this board. I see the names of those flat fee agents pop up all the times in listings, including on houses around $2 million. Lots of people just want the hand holding that they think will come with using a full service agent.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We've internet, photographers, stagers, title companies, real estate attorneys, appraisers and inspectors.

I don't see why we must've expensive realtors. To open locks? There are automatic locks and home cameras for safe and convenient tours.

Realtor commissions should be flat charges. May be $25-100/hr?


People have been saying this my whole life and yet they’re no closer to getting their way/FSBO still has a major stigma. But maybe this thread will finally be the straw that breaks the industry’s back


Actually, plenty of people do it. Not necessarily true FSBO, but with a flat fee agent that costs maybe $1K or $2K (they still usually offer 2.5% to the buyer's agent). There are flat fee agents out there, and they have even been recommended on this board. I see the names of those flat fee agents pop up all the times in listings, including on houses around $2 million. Lots of people just want the hand holding that they think will come with using a full service agent.

OP seems to have wanted handholding and not gotten it. Listing agents don’t usually show up for every buyer showing, for instance.
Anonymous
Anonymous wrote:It sounds like you just had a crappy agent.

At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.


I would! Prefer it actually.
Anonymous
As a recent buyer who looked for a long time, it's not common to have sellers agents at showings outside of open houses. I prefer it this way.

But they should have helped you negotiate and offered guidance.
Anonymous
Anonymous wrote:
Anonymous wrote:It sounds like you just had a crappy agent.

At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.


I would! Prefer it actually.


Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.
Anonymous
Good ones do a lot more than yours but none of them earns $54,0000 on the sale of one house. It’s insane.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It sounds like you just had a crappy agent.

At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.


I would! Prefer it actually.


Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.


I personally don't look at FSBO houses.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It sounds like you just had a crappy agent.

At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.


I would! Prefer it actually.


Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.


I personally don't look at FSBO houses.


Folks, if you have an agent like this that refuses to take you to a FSBO property, get a new agent that is actually willing to work for you.
Anonymous
I won’t look at fsbo homes either bc if there’s one group more inept and bad at selling a house than realtors, it’s owners… with the added bonus of emotional attachment and irrationality.
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