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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you waiving inspection? I think you need a realtor present for inspection, so either you hire one or waive it. If you waive all contingencies, I don’t see an issue. That said, we are getting ready to sell and I would prefer an offer from someone with a realtor, simply bc without senda the message you are more likely to nickel and dime the seller. Can you just use Redfin? I think they are 1%. Also, the commission percentage is written into the selling contract as a total percent, so if you have no realtor the full amount would go to the selling agent. So they are unlikely to lower the selling price, you have to ask for the commission to be refunded to you. Have you bought before? I would make sure you know what you are doing. [/quote]

No, we are not waiving inspection. We would never buy the house without an inspection. What difference does it make if we don't have a realtor if we find our own inspector? We can get one through referral from others.

The house has sat on the market for a few months and the estate is looking to get rid of the house. We are not in a hot DC suburb but in the Baltimore suburbs. Properties don't move like they do in DC. [/quote]

I mean most people will require you to have a licensed realtor present for inspection. They won’t just let you in their house with an inspector. Realistically, yo I are first time home buyers who are trying to save a buck. It’s good, in your case, that you aren’t in a hot market. Good luck. [/quote]

OP here. Getting the 3% back is nice but not a dealbreaker.

If the only function of a realtor is to have someone present in the house during the inspection, then why is that worth 3% of the sale price? The estate would be paying that, not us, so it's not our money. We will be asking for full closing to start with and will probably end up with half the closing costs covered. The 3% back would be part of the negotiation over the closing costs.

I searched this topic in the archives and it seems like others have done this successfully. I'm not opposed to getting a realtor but it seems like we'd be giving the realtor free money for not very much work. I'm more concerned over your implication that we can't have a proper inspection without a realtor? Why would the listing agent refuse a qualified home inspector into the property if she wants to close the deal? [/quote]

So you’d rather see the 3% that would have gone to a buyer’s agent instead go to the seller *and* pay an attorney on top of that to review the contract *and* do all of the legwork yourself rather than having that 3% go to a buyer’s agent who will manage the logistics of closing for you?  That’s, um, a position you could take.[/quote]

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