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Reply to "As a buyer, how can I leverage new Realtor commission rules for my benefit?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you want the lowest fee, just don't use a buyer's agent at all. It's not that complicated.[/quote] +1 Just contact the listing agent. Tell them you're an unrepresented buyer and you want to see the property. Refuse to sign any agreement for them or anyone else to represent you.[/quote] Wrote two contracts for unrepresented buyers on Tuesday and played them off each other. I even made one drop the VA financing even though the interest rate was better. After I squeezed them dry, the sellers did about $73,000 more than the best comp from June This is going to be a lot better for sellers because the buyers are easy to manipulate. I will take unrepresented buyers any day. [/quote] You mean, because there were no buyers agents there to advise their clients to offer above asking, with escalation clauses, and to waive inspection and all other contingencies? That kind of expert advice?[/quote] They were unrepresented and I gave them no advice. For their offer to be considered they had to waive all contingencies. That's why one buyer had to change from VA to conventional financing because he could not waive the appraisal contingency. No escalation clauses. I did several rounds of best and final offers until both reached top of the loan for which they qualified. [/quote] Is this post from 2021? You must have listed way low to get this kind of interest “You” didn’t get them to drop the VA financing, the appraisal and competing offers did. [/quote]
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