By the time your are done learning everything it takes to get from point A to the moment when you are handed your keys, you'll want representation!!
It's like a lawyer representing himself in court, a doctor operating on himself.
If I thought you were being serious, I wouldn't have taken the time.
What might I ask do you do for a living I could do or any other Realtor so as not to involve you?
I welcome you to make an offer on any of my listings and negotiate with me!
Dealing only with the Listing Agent in hopes of getting a better deal? .......
Not a good strategy, because if the listing agent is getting the whole 6%, theyâ€™ll actually work harder to make you pay the highest price for their Seller in effort to justify such an massive equity grab!
Dealing only with the Listing Agent and asking them to lower the price 3% they would have had to share with a Buyerâ€™s Agent?.....
This causes the Listing Agent to catch an immediate attitude! Yes, you can possibly fight with them over the 3%, but you take your eye off the much bigger prize and thatâ€™s getting the home for much less by using a Buyerâ€™s Agent! A lower price on the home that using your own Buyerâ€™s Agent could Dwarf the smaller amount obtained fighting with the Listing agent.
The Listing Agent/Sellerâ€™s Agent is just that, the Sellerâ€™s Agent. They watch out for the Sellerâ€™s interests in the purchase. For a buyer to believe they can get a better overall price by dealing directly with the Sellerâ€™s Agent is misconception. Also, what when issues arise after they have your deposit? Itâ€™s then the Seller, the Sellerâ€™s Agent and the Sellerâ€™s Title Agent ALL against the buyer! Thatâ€™s a pretty strong Trifecta / team to battle should any issues arise!
* Help remove the emotion from the transaction. Buying is an emotional transaction at two levels: First, many buyers become emotionally attached to a particular property and can end up making decisions that aren't really in their interest. Second, it's simply a big negotiation and as the process moves on the buyer becomes more invested in it. An agent can provide a buffer to help remove the emotion.
* Provide a third-party view, a different perspective. Regardless of how intelligent, how informed, and (see above) how emotionless a buyer might be, the buyer isn't all-knowing and is confined by his/her past experiences. A third-party view can supply an extra dimension that no buyer, however competent, has.
Hope that helps.
So, why should a Buyer NOT choose his own agent?
- Agent does not cost anything to the Buyer
- Agent knows the local and regional Real Estate Market
- Agent usually works on behalf of the person that hired him/her, in this case the Buyer
- Agent has the expertise in negotiating Real Estate
- Agent may be able to detect the motivation level of the Seller and use this to the Buyer's advantage.
If you are serious in purchasing Real Estate in SW Florida, please call me. You will find in me an Agent (Broker) with 20 years of local Real Estate experience, integrity and focus to your Real Estate needs.
I will be happy to share that with a real buyer.
Since your purpose is to very likely supplement Truilia's bogus homes for sale list, or those home sold long ago, or piggy back on Reatty Trac's deception, I can expect those things offered in good faith to be compromised in a way that allows aggregate websties to continue their charade of bogus value.
If a real buyer 'really' want to know, they know what to do..CALL.
The buyers who entertain this notion will not be pursuaded by this post.
This is the grist of the Z mill.
Is that your intent?
As an experienced Mortgage Broker and real estate investor, personally I know how to save money in ways the average person can't.
Selling real estate is not rocket science, and its relatively easy to do, especially now that inventory so low and prices shooting back up.
HOWEVERâ€¦as terrible as the majority of people are at selling and/or marketing anything, most will turn the simple act of making mud pies into full on brain surgery. Therefore most buyers and sellers need an agent to represent them.
My wife and I have been pre-approved and are looking at beach front condos this weekend. But as knowledgeable as I am, I know better than to not use a buyerâ€™s agent. I know its better to negotiate thru my Buyerâ€™s Agent V. thinking Iâ€™d get a better deal by trying to go straight to the Sellerâ€™s Agent.
Soâ€¦Saturday morning weâ€™re going to pick up our â€œLOCK BOX CODEâ€ in the form of a live realtor partner of mine, because we need him to gain access to property and heâ€™s also doing this for us, same as I help arrange for my pre-approved borrower referrals to my realtor partners.
Ex: 400,000 sales price x 3% to Buyerâ€™s Agent = $12,000
Iâ€™ll let my Buyerâ€™s Agent keep approx.. $4,000 (same as heâ€™d make selling a $133k property) and have him REBATE me $8,000 at closing to pay my closing costs.
I think $4,000 is pretty fair for setting me up on an Auto MLS search, driving him around using him to access property, buying him lunch and to submit offers. don't you think?
Contact me if you'd like this kind of saving anywhere in FL.
Pro Option Mortgage/ Florida
Ph: 888 662 4404
Prior Service U.S. Marine Corps
First, let me ask you some questions:
What do you do for a living?
How much time and patience you have?
How much of your time you willing to spend? Hours in the day?
Who is on your team and what are your resources?
Are you using creditable people?
Are you able to compete and capable of competing with all the other buyers on the same property or market you want?
Are you a logical person or emotional one?
How are you going to manage your negotiations?
There are more to consider. Selling/buying real estate is no easy task and take many players. I make it all easy for seller as well as buyers, for me it is my full time job, and seasons pro of all the things that can happen with selling and buying. If something new comes or changes are made as many have been made through the last several years, I have a team that I can go to for answers and solution. Doing it on your own, may mean using the yellow pages or google and perhaps a visit to a law office.
Lastly, ( there are many more reasons to hire a Realtor) you are opening yourself to some danger. Even real estate agent today are not safe with some people they deal with and take extra precautions when meeting strangers and bringing them to properties. They are held accountable when they pay visits to other people properties. The Board of Realty also provides classes on this, protection.
Lastly, you most important, you will most likely be dealing with a listing agent and be buying through him/her that was hire by the seller. Who interest you think he/she has?
the reason I thank you above, you gave m the insight for my blog that will give you the answer to your question via video.
Also, feel free to read my other posting:
Hope this helps. Good luck with your decision and property searching
Ronald (Realtor Ron W) wolchesky
"Success is when we work together to achieve your GOAL!"
License in Florida
- Be knowledgeable, licensed and up to date on real estate law and necessary disclosures.
- Realtor representation with a contract that meets with dispute can be arbitrated through FREC
- We are the buyer's only advocate in a real estate transaction.
- The buyer's Realtor should have all contracts, addendums, lists of affiliates & search apps ready.
A saavy buyer may have some knowledge that will help them get through the contract negotiation. But they wont always have the skill and experience or the resources at their finger tips. Therefore, in the long run the buyer will expend far more time accomplishing the same task they could have had done by a buyer's agent for free. My math tells me having a Realtor representing the buyer makes more sense. However my disclosure is that I may be biased because I am a Realtor.
Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006- 2012" By Gulfshore Life Magazine