Recently, one of my new home buyers wrote an article about his experience with me and I was able to save him some money. You can read about my home buyer below.
BTW-no worries about Redfin in my market, as many transactions are so low that they would actually end up charging more than a full service agent at the $3000 per transaction minimum.
Hope this is helpful!
Melissa Mancini, Realtor, CBR, GRI
From my understanding of the Redfin model, the buyer's agent does not even visit the property that they are helping the buyer with, let alone know the competing inventory.
Getting a better price (and terms) for my buyers comes from my discussions with the sellers' agent about the comps and other properties. Frequently, I meet with the seller and the sellers' agent together and am able to present the facts and figures that are used to arrive at my buyers offer price. Being able to ask the seller to make a decision and accept my buyerâ€™s offer is a skill that is earned with experience and effort.
A buyer's agent also brings value to the table through the entire transaction; inspections, repairs, walk through, etc. all happen on-site, not in an office.
The savings in the form of the rebate may have a hefty price tag attached to the property elsewhere in sales price, terms, concessions, inspection negotiations, etc.
Deborah Madey - Broker
Peninsula Realty Group, Inc.