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Real Estate
Reply to "Is the realtor entitled"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote] Sellers are often more than happy to deal with buyers directly, as it saves them from having to pay commissions to the buyer's agent.[/quote] Not always true, but in any case you would have to proactively write that into the contract if you don't have an agent. OP, to answer your question, no. But I'm curious as to the situation that led you to identify and close on a property without a realtor when you were working with a realtor. Was it FSBO?[/quote] Time to wake up. Lots of people choose to buy or sell without a real estate agent, especially given (1) the technology and info out there nowadays, (2) the amount of people familiar with the area and what they want, and (3) the high 3-6% agent fees. We have bought twice with no agent. Used Redfin.com for houses in market, open houses and valuation/comparable purposes. Used our title/settlement agency for the contract submit trance and legal review, etc. Easy peasy and saved $60k. Btw, no one but you can best stick up for YOUR interests, no conflicts with agents trying to max their commission and close on deals that shouldn't be happening...[/quote] not an agent here, just a home owner who bought with an agent (for various reasons it was the right thing to do for us). this is a genuine question. you say you bought twice and saved 60K. did you buy directly from the owner? otherwise, I did you save? when we were looking most of the homes were sold by an agent (including the house we bought), if we did not have an agent, the seller's agent would have gotten the entire 6% commission, with no saving for us. so, how did you save the 60K?[/quote]
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