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Real Estate
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[quote=Anonymous][quote=Anonymous]i just did a little math. my daughter recently sold and bought a house. her house sold in 3 days with no staging or other make ready help from the realtor, and they found the one they wanted to buy on their own. realtor opened 2 houses for them. realtor made about 24K for that. ridiculous![/quote] Yup- when we bought our house we went to a few open houses the first weekend, without hiring a buyers agent yet. One of them checked all our boxes, so we decided to just make an offer without hiring an agent. I contacted the sellers agent, had them send the contract form, filled in the blanks and signed via Docusign, and sent it back. I already had a preapproval letter so just got our mortgage banker going on the mortgage side. I found a good inspector from a friend, got him scheduled, and got all that done in the next 2 weeks. We closed 2 weeks later, and I stupidly realized that the sellers agent was taking the entire 5% commission, and I could have asked for probably $10k of it to be credited to me, and they would have said yes because they would still come out ahead versus having to split with a buyers agent. But I still didn't need any assistance from a buyers agent, and it was 2 open houses on a Sat and Sun by the sellers agent. Could have all been handled for $5k instead of 5%.[/quote]
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