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Real Estate
Reply to "Is a realtor essential in a hot market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I just sold my home two weeks ago to a buyer using Redfin and it has been a disaster. Neither the first time homebuyer nor his redfin agent know what they are doing. The redfin agent dropped the ball and the buyer missed the deadline for the inspection contingency and has now lost the right to ask us to make repairs for issues that were found. My realtor is doing much of the work and has had to educate the redfin realtor who has no clue what she is doing. I would not advise anyone to use redfin when buying a home. According to my realtor, he has seen the redfin agents lose deals for their clients time and time again. After this experience, I would never take a bid from a redfin buyer. It's not worth the headache.[/quote] I don't believe this. Anyone who can read a contract could figure out deadlines. I've bought two homes without realtors at all and didn't have any issues. I've also worked with Redfin. They didn't have one agent helping me, they had a team. Your realtor is making this up to make you think you're lucky to pay her 3%[/quote] 1) I am not paying my realtor 3% 2) The inspection contingency was indeed missed. They did the inspection, including a mold test, and did not come to us with items to be repaired. They still haven't and the deadline was almost a week ago. 3) It is true that anyone who can read can figure out the deadlines. Perhaps the buyer didn't read it? Either way, it's not my concern, but it did happen. 4) I think that the fact that Redfin uses a team can actually be a problem. There is one top person with many other below him or her. These lower tier people have passed the real estate course, but have yet to do much selling. They do not work on commission, but get a salary. The leader of the team works on commission. The lower tier must prove they can sell or they do not advance and will no longer have a job with redfin. 5) You are welcome to believe what you'd like I simply am offering feedback to the OP that he/she may chose to believe or not.[/quote]
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