Agents Paid Hourly Rates

[Anonymous]

Anonymous wrote:
flat fee of $200 to write a contract is better.


No one will do that for so little

You don't need a college degree to fill in a form. It's a lot more work to mow lawns or wait in a restaurant and those people get paid way less.

[Anonymous]

$200 per contract for 45 minutes of work given that the barrier to entry is so low (high school diploma, multi day or week class, pass the state exam).

[Anonymous]

Anonymous wrote:flat fee of $200 to write a contract is better.

Realtors are not allowed to write a contract because they can't practice law. What realtors do is fill in the blanks in the existing standard contract for you.

There's no reason to pay a realtor to do this when you can easily do this yourself. Just have the listing agent show you the house at no charge to you as the buyer. The seller is already paying the listing agent to do this. Then complete the very simple form yourself and submit it to the listing agent. Many times the listing agent will even offer to help you do this (at no charge to you).

[Anonymous]

Anonymous wrote:
flat fee of $200 to write a contract is better.


Realtors are not allowed to write a contract because they can't practice law. What realtors do is fill in the blanks in the existing standard contract for you.

There's no reason to pay a realtor to do this when you can easily do this yourself. Just have the listing agent show you the house at no charge to you as the buyer. The seller is already paying the listing agent to do this. Then complete the very simple form yourself and submit it to the listing agent. Many times the listing agent will even offer to help you do this (at no charge to you).

Yes, the listing agent helped us to submit the offer. He threw in a kickback to us because he didn't have to share the commission with a buyer's agent. But this was back in the day. We got the house in a competitive market because of this.

[Anonymous]

What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

[Anonymous]

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

It’s pretty rich to buy a house at that price.

[Anonymous]

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

Depends on the location. $2M gets you a semi-renovated older house or a 10 to 15 year old house in Arlington. Builders are now offering 1% to a buyer agent. Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you? The builder's agent can write the contract for you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

Depends on the location. $2M gets you a semi-renovated older house or a 10 to 15 year old house in Arlington. Builders are now offering 1% to a buyer agent. Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you? The builder's agent can write the contract for you.

I have been calling agents in MD and DC before I show houses and have not had one instance where the seller is not paying 2.5 percent commission(except one listing that was offering 3 percent). And I have three listings right now-all three offering 2.5 percent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

Depends on the location. $2M gets you a semi-renovated older house or a 10 to 15 year old house in Arlington. Builders are now offering 1% to a buyer agent. Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you? The builder's agent can write the contract for you.

I have been calling agents in MD and DC before I show houses and have not had one instance where the seller is not paying 2.5 percent commission(except one listing that was offering 3 percent). And I have three listings right now-all three offering 2.5 percent.

More lies from a realtor . . .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

Depends on the location. $2M gets you a semi-renovated older house or a 10 to 15 year old house in Arlington. Builders are now offering 1% to a buyer agent. Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you? The builder's agent can write the contract for you.

I have been calling agents in MD and DC before I show houses and have not had one instance where the seller is not paying 2.5 percent commission(except one listing that was offering 3 percent). And I have three listings right now-all three offering 2.5 percent.

Call the new homes agents in Arlington and ask what the buyer agency comp is. One is even offering $5,000.

[Anonymous]

Anonymous wrote:
What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.


It’s pretty rich to buy a house at that price.

I don't pay more for any goods or services based on how much money I have. I pay based on what the value of the product or service is. If I am expected to pay more because I have more, that's socialism. I believe we still live in a capitalist society with markets, right?

[Anonymous]

^Fair markets

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What is the current expectation for using a buyers agent now? I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.

Depends on the location. $2M gets you a semi-renovated older house or a 10 to 15 year old house in Arlington. Builders are now offering 1% to a buyer agent. Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you? The builder's agent can write the contract for you.

I have been calling agents in MD and DC before I show houses and have not had one instance where the seller is not paying 2.5 percent commission(except one listing that was offering 3 percent). And I have three listings right now-all three offering 2.5 percent.

More lies from a realtor . . .

Lol. It's the truth.

[Anonymous]

Anyone have any luck?

[Anonymous]

upnest.com