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Reply to "New rules: buying without an agent"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think access is an interesting issue. A listing agent has to show the property, but they don't have to do it on your schedule. I truly don't have time to show listings to every unrepresented buyer in onesies and twosies. Also, there are safety issues in play, and I think agents need to be careful about meeting people they have never met, alone, in a vacant house. For my next listings, I'll probably increase open house frequency and length in order to accommodate more unrepresented buyers. [b] If I have good traffic from represented buyers, you'll have to wait for the open house if you are not represented[/b], so if it's a good house, you'll likely miss out. The gold standard is going to be the represented buyer who is paying their own agent. So, basically, the buyer who is willing to eat one more expensive fee in order to get the house. Sorry buyers. [/quote] How does this benefit the seller? Absence of a buyer agent does not make a stronger offer less strong in the eyes of the seller; it's only if the [i]seller[/i] expresses a hesitancy to take a stronger offer from an unrepresented buyer and [i]directs[/i] you to show accordingly. By your comments, you as a listing agent are pre-deciding this for your sellers. This is not your decision to make. [quote=Anonymous]Sorry buyers. [/quote] I'm feel sorry for your clients. [/quote] I am not pre-deciding anything. [b]I am saying unrepresented buyers have to wait for the open house, [/b]and if my client decides to take another offer before then, the unrepresented buyer will miss out. [/quote] Why? Can’t they use the Redfin app?[/quote] Yes but they then need to pay $150 service fee and these are cheap buyers who will end up nickeling and diming the seller. The unrepresented buyer only works in strong buyer markets where they have leverage to bid low and pay as little as possible.[/quote]
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