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Reply to "Tired buyer's agent"
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[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] I can perform electrical and plumbing services in my own house but still pay others to do it. Similarly, I could change my own oil on my car but pay someone else to do it. Heck, most automotive services can be done at home, but we pay mechanics to do them. That was a bad analogy. You probably could not get a real estate transaction to settlement easily. I realize you THINK you could. But you probably couldn't, especially if anything out of the ordinary happened.[/quote] OK, maybe I should have said that I would not feel comfortable doing plumbing, electrical, or car mechanic work. I suppose I could learn any of those things with enough time. As for getting a RE transaction to settlement, I did do it by myself when I bought my current house about 10 years ago. Had no buyer's agent at all, and didn't rely on the seller's agent for anything (except to agree to give me the commission that would have gone to the buyer's agent). Paper shuffling and calling a few people is all it took. That, to me, is different than the manual labor and skill involved in the trades, but others might feel differently. The great thing is that we now all have the option to determine whether to use a buyer's agent or not, and if so, how much to pay them. It was not necessarily easy for me to get the seller's agent to give the commission to me when I didn't have a buyer's agent, so I'm glad it will be more straightforward going forward.[/quote]
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