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[quote=Anonymous][quote=Anonymous]OP, you are exactly the type of person that would do well without a buyer agent. You research, you educate yourself and do your homework. You spent years studying the neighborhood. This is telling. I bet you know more about this neighborhood than most realtors.
Most people don’t do this and that’s why they need an agent to hold their hands. They don’t have time for this, are not willing to do things themselves or are simply incapable. That’s fine because not everyone is a DIYer. Some people find it more convenient to pay someone to deliver the service.
Realtors are not indispensable.

Some posters here claim that you cannot get a lower price or a split on commissions. This is laughable. They don’t know the dynamics of business transactions. If the total commissions is 6%, why would the seller agent prefer to pay 3% to a buyer agent rather than paying 1.5% to you? You may not get the full 3% unless the seller agent is desperate to close the deal because there are no other buyer in sight.
From a pure financial perspective, you’ll always get something from seller if you come without a buyer agent. The problem is often that sellers don’t trust buyers that aren’t represented. They fear the buyer wouldn’t be able to handle their side of the transaction. They would rather split the commissions with an agent that will handle the deal or keep all of it to cover the risks
It’s up to you the buyer to convince the seller agent that you have a plan and are capable of handling the transaction.[/quote]

This is an interesting perspective. As a seller I actually prefer a buyer w an agent. My perception of buyers without agents is that they are cheap, think they know more than anyone else, and are going to ask for all sorts of nit picky things to save money. Not an ideal buyer unless their offer is as is, with only a financing contingency and informational inspection. But as a seller, I don’t particularly want to pay commission to the buyer. As I see it, without an agent, they might get a lower price so I don’t pay my agent as much, but I don’t see how to get out of the contractual obligation of paying 4-5% total, which my agent take. And if my agent pays the buyer, I would be pissed. Just my 2cents. [/quote]

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