Reply to What's the best way to find a house before it goes on the market?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Here's the thing, OP - as a buyer, having no agent doesn't help you, because its the seller who pays the agent (via your purchase.) As such, you are really looking to find a SELLER who doesn't want to use an agent... which is going to be a very small market and full of FSBOs who may be hard to deal with and have unrealistic expectations. In the market you're talking about, there's not a huge incentive not to involve an agent for the seller since things are going into price wars all the time.

What I am saying here is that you are really limiting the potential pool of houses to a really, really small number. You're potentially passing up houses you might like a lot better, that work better for your family etc.

You might be very different, but I would hate to buy a house simply because it was one of the handful sold without an agent.[/quote]

For the love of God.  The real estate commission is baked into the cost of the house.  Op would certainly be paying for it.  [/quote]

Houses sell for what the market will bear. We sold our townhouse ourselves for the same price as the one a few units down, that had a realtor. We didn't discount the price because we didn't have an agent--we just kept all that money. Why wouldn't we? Someone was willing to pay it.

And as others have pointed out, sellers want the most they can get. We lucked out and had been contemplating FSBO when an identical unit near us went for sale and had a bidding war--we were able to scoop up a buyer and know we were getting a great price. Many people in a hot market are going to want an agent to market the property so they can get lots of bids-- they aren't going to want to sell at a low price privately just to save a commission, unless they have a reason to believe they can't get a better price. [/quote]

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