Asked by CTN, Chicago, IL • Mon Jun 30, 2008
I am a prospective first-time homebuyer, and in search of straight talk on the benefits of engaging a buyer's agent. I am a transactional attorney (comfortable with paperwork), and have access to a family friend with a RE license familiar with the market who has indicated he would assist informally. I am wondering how the services provided by an agent might outweigh the possible negotiated discount I could obtain from the seller's agent by being unrepresented. I realize many of the responses are likely to be from agents with some degree of bias on the subject, but would appreciate responses that are as candid and detailed as possible. Thanks!
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