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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s ideal if you’re selling your house and then buying new construction — not much of a need for a buyers agent with new construction from a builder imo. [/quote]

As someone who represents clients in new construction, I really cannot tell you how inaccurate this is.  I closed a new construction transaction in January where the builder had forgotten to include the fireplace in the specs! The only reason it was caught is because I personally reviewed the final layout and compared it to our purchase contract. I was also able to give the buyer a nice rebate. [/quote]

As someone who has purchased new construction several times, I can assure you that I most definitely would have realized if a builder were omitting something as significant as a fireplace that I had specified! And I would have done so without needing a real estate agent to assist me. [/quote]

And I think that’s great for you. Some people are really savvy and smart about this kind of stuff, other people really are not, and they just trust the builder to do the right thing. But if you think real estate agents are shady, let me tell you builders are the shadiest people around. And they will cut corners like nobody’s business in order to make a buck. Another poster commented below. Yeah, that person must’ve been really clueless. Yes, the buyer was pretty clueless.  Also, is a larger issue, this is a pretty educated forum, in a high market area, but there are plenty of homebuyers, who are not native English speakers, our first time buyers, are just starting out, and they really do benefit from the guidance of a good Real Estate Agent. I’m not personally worried for me. I have been doing real estate for 15 years and it’s actually a side hustle for me. I’m in Attorney, landlord, and a small scale property developer, and I do it all on the side just because I really enjoy working with people and helping them buy homes, and yes, the money is great. But buyers agency is a lot of work and a lot of investment in my clients. And if the commission isn’t worth my time, I just won’t do it. Overall, it will be good if some of the idiots who are agents are weed out of the industry, and it is good if people are paying less, the fees are exorbitant. However, I do really think that this will impact the representation that Buyers can get, and I think that Buyers are already pretty screwed in this market. [/quote]

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