If you can honestly say that you've gained no market knowledge from having this agent show you fifteen or twenty homes, well, that's one thing.
Personally, I think spending four or eight hours seeing fifteen houses with a good agent is like a "master class," like an actor getting seven one-hour one-on-ones with James Lipton.
But it gets better, because in this case, if you bring your agent on the deal, it's like having James Lipton coach you through your entire run on Broadway.
All the best,
If it is listed in the multiple listing then the seller has factored their asking price taking in account the fact that there will be a commission so, why would you not want to have someone represent you and look out for your best interest? Furthermore, when you use an agent to represent you, that broker assumes some liability. If the seller is willing accept an offer that is approx. 10-12% less than asking, there may be some benefit but if the listing broker is going to get 2 commissions and you have no representation, you may be leaving yourself wide open and may even pay more.
Yes, I know all the do-it-your-selfers out there will tell you this is what kind of response you would expect from a real estate agent.
However, if someone is selling their greatest investment themselves, chances are there are many other things that they have done to the house by themselves during the time they owned it. Did they make improvements without getting the necessary permits? Electrical, Plumbing, Decks, etc.
You have to do what you feel in your heart is right. What ever you do, I recommend that you get a good real estate attorney. One that has closed at least 10-20 homes in the past year in the town and county that you want to buy in.
I have met people that have over pid for their homes because they bought through a for sale by owner, don't make the same mistake.
Ask your agent to do a CMA (Comparative Market Analysis) for any home that you are seriuos about, whether it be a FSBO or Listed.
Hope this helps
Are you going to do it? That's another question. Realtors work for nothing until they get a deal together. They use their time, their gas and their expertise.
What do you think you should do?