Anonymous
06/25/2023 15:27
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Mine was great. Coordinated/supervised all the work done on our place before the sale, had the best stager, photographer, etc, got multiple offers, presented them to us all at once in a scheduled and orderly call, and gave us good perspective on their merits.
Anonymous
06/25/2023 15:24
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've internet, photographers, stagers, title companies, real estate attorneys, appraisers and inspectors.
I don't see why we must've expensive realtors. To open locks? There are automatic locks and home cameras for safe and convenient tours.
Realtor commissions should be flat charges. May be $25-100/hr?
People have been saying this my whole life and yet they’re no closer to getting their way/FSBO still has a major stigma. But maybe this thread will finally be the straw that breaks the industry’s back
Actually, plenty of people do it. Not necessarily true FSBO, but with a flat fee agent that costs maybe $1K or $2K (they still usually offer 2.5% to the buyer's agent). There are flat fee agents out there, and they have even been recommended on this board. I see the names of those flat fee agents pop up all the times in listings, including on houses around $2 million. Lots of people just want the hand holding that they think will come with using a full service agent.
OP seems to have wanted handholding and not gotten it. Listing agents don’t usually show up for every buyer showing, for instance.
Which begs OP's question: why is she paying $50,000 with no expectation of her listing agent spending much time on her house?
Anonymous
06/25/2023 15:22
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Why didn’t you pay for real staging?
Why didn’t you ask them to negotiate?
DP. Ugh, the answer is not "you should have paid more for staging." The answer is a question, namely, was staging necessary in the first place.
Anonymous
06/25/2023 13:21
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:I would be happy to buy from a FSBO and sell myself when the time comes. I know more than a real estate agent ($54,000 down the drain!)--the market, how to check recent comps, the neighborhood--and all I need is a good settlement attorney. I do not need any hand holding.
You sound like the typical person who does a FSBO. And yes I'm an agent and have worked with several owners selling their own home when I represented buyers. Every FSBO that I worked with was a crazy nightmare.
I suspect you are right. But that’s because the stigma exists in view of those that are willing to skip the stupid RE agent cabal in the first instance. Unfortunately I don’t see how there will ever be enough momentum to dump re agents. Hopefully I never need one again. What a racket.
Anonymous
06/25/2023 13:00
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:I would be happy to buy from a FSBO and sell myself when the time comes. I know more than a real estate agent ($54,000 down the drain!)--the market, how to check recent comps, the neighborhood--and all I need is a good settlement attorney. I do not need any hand holding.
You sound like the typical person who does a FSBO. And yes I'm an agent and have worked with several owners selling their own home when I represented buyers. Every FSBO that I worked with was a crazy nightmare.
Anonymous
06/25/2023 11:25
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Listing agents don’t attend showings- typically the buyer wants to go with their agent and not have the listing agent hanging around.
The rest sounds lazy and atypical.
Agree on both points. The agent absolutely should have been reviewing all the offers with op and explaining the pros and cons of each.
+1 to these 2 pp's. OP's agent sounds worse than average. Not negotiating was beyond the pale. The standard practice is to go back to the parties and tell them give me your best and final.
Anonymous
06/25/2023 10:11
Subject: Re:Is it just not worth using a realtor anymore or was mine just terrible?
We only will use non-traditional fee-based realtors who give us the commission minus their hourly-rate fees. With online MLS listings, much of the value of a traditional realtor has evaporated, with the possible exception of relocating to a different metro area.
Anonymous
06/25/2023 09:52
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
I would be happy to buy from a FSBO and sell myself when the time comes. I know more than a real estate agent ($54,000 down the drain!)--the market, how to check recent comps, the neighborhood--and all I need is a good settlement attorney. I do not need any hand holding.
Anonymous
06/25/2023 09:39
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:I won’t look at fsbo homes either bc if there’s one group more inept and bad at selling a house than realtors, it’s owners… with the added bonus of emotional attachment and irrationality.
My aunt and uncle sold their house FSBO and took a little less offer because they didn’t pay their realtor fee (they had multiple offers and didn’t want to sell to a developer). They weren’t emotionally attached they just were against giving 2.5 percent to an agent who didn’t deserve it!
Anonymous
06/25/2023 05:19
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Listing agents don’t attend showings- typically the buyer wants to go with their agent and not have the listing agent hanging around.
The rest sounds lazy and atypical.
Agree on both points. The agent absolutely should have been reviewing all the offers with op and explaining the pros and cons of each.
Anonymous
06/25/2023 04:43
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Listing agents don’t attend showings- typically the buyer wants to go with their agent and not have the listing agent hanging around.
The rest sounds lazy and atypical.
The rest sounds lazy and atypical.
Anonymous
06/25/2023 00:50
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It sounds like you just had a crappy agent.
At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.
I would! Prefer it actually.
Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.
I personally don't look at FSBO houses.
I do. The first agent I used back in the day refused to show spouse and I fsbo. I wouldn't tolerate that for 2 seconds now.
Anonymous
06/25/2023 00:18
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It sounds like you just had a crappy agent.
At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.
I would! Prefer it actually.
Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.
I personally don't look at FSBO houses.
Folks, if you have an agent like this that refuses to take you to a FSBO property, get a new agent that is actually willing to work for you.
? I'm not an agent. I assume my agent would take me to FSBO houses.
I had an agent that wouldn’t take to to a Fannie May/bank owner home because “you only like high end finishes”. We dropped her and got a new agent.
Good move! Sounds like OP should have done the same.
Anonymous
06/25/2023 00:17
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It sounds like you just had a crappy agent.
At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.
I would! Prefer it actually.
Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.
I personally don't look at FSBO houses.
Folks, if you have an agent like this that refuses to take you to a FSBO property, get a new agent that is actually willing to work for you.
? I'm not an agent. I assume my agent would take me to FSBO houses.
I had an agent that wouldn’t take to to a Fannie May/bank owner home because “you only like high end finishes”. We dropped her and got a new agent.
Anonymous
06/24/2023 23:51
Subject: Is it just not worth using a realtor anymore or was mine just terrible?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It sounds like you just had a crappy agent.
At the end of the day I wouldn’t buy a house FSBO. I think they’re disproportionately cheap and difficult to work with.
I would! Prefer it actually.
Same here; I have no problem buying a FSBO. And with all of the talk on here about low inventory, is someone really going to boycott a property that fits their criteria because it's FSBO? I sure hope not. I know someone who recently sold their townhouse FSBO in a close-in suburb, and it went for a record price in their development.
I personally don't look at FSBO houses.
Folks, if you have an agent like this that refuses to take you to a FSBO property, get a new agent that is actually willing to work for you.
? I'm not an agent. I assume my agent would take me to FSBO houses.