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Real Estate
Reply to "Tired buyer's agent"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If I'm paying someone $200/hour, they better have a lot more letters after their name than "B.A."[/quote] Well that is what most plumbers, electricians, and other tradespeople charge these days. With that said, all of those people perform services that I cannot perform on my own. Not so for real estate agents. [/quote] Numerous specialties among agents...short sales, investors, foreclosures, first-time buyers, FHA, probates, navigating programs for first time buyers, negotiations to keep everyone out of court etc. Its not 1 size fits all. Most of the posters here appear to be conventional and high-end buyers and sellers. Coastal elites. Maybe you don't need an agent. But navigating some of the specialty areas and more nuanced aspects of getting a property closed when emotions are HIGH is certainly well served by a good agent. And lawyers don't hand hold at all. You just try calling a lawyer on a Saturday or Sunday or after hours or a holiday about your transaction. Likely they will be MIA. Unlike an agent. In addition to nuances and specialties, don't underestimate the value of the "24/7 on call" accessibility factor one gets with an agent to having a smooth closing. That alone should be considered "time and a half." No agents aren't always needed by the elites, but they are often needed to help protect others.[/quote] 24/7 availability is overrated. [b]Almost every aspect of a sale can be handled during normal business hours.[/b] Just to make numbers simple, if I'm bidding 1M on a property, and I find it myself on zillow or redfin, the agent has to unlock the door for a view, call it two just so I can be sure, draft and present and offer and maybe a counter offer, unlock the door for an inspection, and show up for closing. Is that really 10k worth of work? Right now it's more like 20k. [/quote] NP. Almost every aspect of a sale can be handled during normal attorney business hours, unless something can't. This isn't the majority of cases; but these cases exist and create a need for competitively priced competent agents. [/quote]
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