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[quote=Anonymous][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 b[b]uyer's[/b] 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]

Another reason why I won't use agents. The bar to admittance is too low.  Too many bored housewives. Too many agents who can't spell (actually had that happen!) and can't express themselves clearly in writing.  I find what I want to buy, do comps myself, hire a real estate lawyer from the locale to review the contract (contracts are accessible online) and make my offer. There is no need to have agents involved anymore.  I recently saved over $100K on a sale and buy and did not use agents.[/quote]

That's what I do. I am usually more knowledgable on what I am looking for and the things I need to get the deal/s done. I usually don't hire them or just pay them 1% commission and they share the rest with me. It is happening more often than we realize. [/quote]

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