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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]OK, so you have no substantive response. I was a NP, by the way. I've never heard anyone in real life or on the internet actually have anything positive to say about buyer's agents, so you're the first. Hard to say why you think you know more than me, I've bought and sold several houses with and without agents and it's worked out perfectly fine except that I regret the times when I felt like we might as well have a buyer's agent because they would be paid by the seller either way.[/quote] I didn't say anything positive or negative about buyer's agents. I simply pointed out that it's weird that OP thinks there something to be "leveraged" for a buyer as a result of the settlement new ways of doing business. Ultimately, there's no real benefit to the buyer here. The upside, such as there is any, is exclusively on the seller side. The theory is this will bring home prices down. But agent compensation doesn't dictate home prices -- supply and demand does.[/quote] You don't think having the choice of whether to engage a buyer's agent benefits buyers? I fail to see why having the option to have a stronger offer and lower price with no buyer's agent compensation required of the seller is not a great thing for buyers. Very happy to pay less for my next house and not have to deal with a money sucking parasite who is just pressuring me to pay more. As is obvious from all of the press and threads on this, buyers AND sellers have been rejoicing at this settlement. It's a win-win for everyone who isn't a buyer's agent.[/quote]
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