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Real Estate
Reply to "Biden admin going after realtors! "
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[quote=Anonymous][quote=Anonymous]Agent here. Last night I received seven offers on a moderately priced house in Virginia. Of the seven buyer agents, each was contributing from 1 to 1.5% to the buyer's for closing costs. The buyer who got the house was not giving the buyer any part of his commission. His clients did everything right to get the house from pre-inspection to solid financials and good local lender. The buyer paid less than the maximum escalated price on two other offers. They both had home inspections, and the seller did not think it was worth the trouble for about a little more money.[/quote] Stop trying to protect astronomical realtor fees. The buyer won because they waived the inspection contingency. The other buyers are almost certainly aware that this is an option but weren't foolish enough to do this. Your implication that the realtor who receives full fees is somehow better is ridiculous. More like he closed the deal without regard for the buyer's best interest.[/quote]
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