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Real Estate
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]Okay can someone who isn’t a realtor shill kind of weigh in on the best ways to leverage these new rules? I’m tired of absolute idiots becoming realtors just showing me a house I want to see, then maybe do some limpwristed, but most likely conspiratorial negotiations with a seller agent, and filling out a couple forms and charging a big percent. It’s a joke. I get realtors will continue to try their best to abuse the new rules so they can continue the grift, but how can we get around that? What hard and fast stipulations can a buyer or seller employ to mitigate the fckery these days?[/quote] I'm not a Realtor or an agent, and I think the point is that there's no "leveraging" these new rules. They will inherently put buyers at a disadvantage, no matter how you look at it. Yeah, I get that there are a lot of people who fancy themselves smart and capable of doing a transaction like this without representation, but in my mind it's akin to divorcing someone without your own lawyer. I'm not sure where, exactly, you got this idea that there's some benefit to be "leveraged." Potentially the seller benefits by paying reduced commission overall. But I don't see any inherent benefit to buyers. I see only downside risks. [/quote] Found the buyer's agent. The only thing my buyer's agents have done was to tell me to BID MORE, NOW, and WAIVE EVERYTHING even when it turned out we didn't need to. I'd rather save that 2% and pay less for the house, it's a no brainer. Plus I don't have to deal with their BS false pressure. Buyer's agents are nothing like attorneys and anyone who has done a real estate transaction before can do 1,000 more without any help from an agent. Like someone else said, they're in it for getting a deal at the highest price possible, not for their "client's" interests. Ever notice how realtors will always tell you it's the best time to buy/sell? Interest rates are low, buy a house now to save on financing costs! Interest rates are low, better sell your house because there are tons of buyers! Interest rates are high, better buy a house now before rates drop and prices go higher! The market is slow, better buy now before it heats up! The market is hot, better buy now before you get locked out! SO tired of their BS, it's hugely contributed to the increased cost of housing in this country.[/quote]
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