You really aren't understanding this.

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Oct 9, 2024
5:35:01pm

Gente_Boa All-American

You really aren't understanding this.

The listing doesn't require you to have an agent. You are just mad that you are not able to dictate terms of the listing agreement. But the truth is you are not a party to the listing agreement. That is an agreement between the agent and the seller. You are not a part and thus have no say in it.

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Gente_Boa

Bio page: Gente_Boa
Joined: May 6, 2013
Last login: Oct 9, 2024
Total posts: 4,807 (20 FO)

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Messages

Author

Time

Okay so what happens now if I call a listing agent and say I want to put an offer on a home they are listing and I

RdF3 Inactive user

2:08pm

My experience is the listing agent tries to double dip instead of cutting cost.

Ycrazy

2:13pm

Right but I'm asking if that's different now? It's insane to me that I can't do it myself to save myself $45,000 on a

RdF3

2:16pm

I did all this on a couple of investment condos I bought and I got so frustrated

Ycrazy

2:25pm

Why should a realtor cut his commission for you when he's not even representing

Gente_Boa

4:03pm

He should cut his commission but he should not get paid both sides because I

Ycrazy

4:08pm

He absolutely should not cut his commission because you want him to

Gente_Boa

5:33pm

It’s no different, you totally can represent yourself. It’s always your option

monteburns

2:33pm

This is said in theory, but has not been the case seemingly most times in actuality with realtors.

RdF3

2:35pm

You’re right in many cases, but there’s good reason. We’ve had buyers that

monteburns

2:44pm

I just bought a home and did exactly that.

bocadillotortuga

2:43pm

When I bought my home I did not have a realtor...so they gave me someone from...

WJCougar

2:16pm

Right and you had to pay the person a stupid amount of money when you had found the home yourself.

RdF3

2:17pm

this industry really needs disrupted and go away completely.

Mayor of Cougartown

2:20pm

That may not be exactly accurate. When we refer an agent to help an

monteburns

2:47pm

Not when I did it.....the seller paid the fees

WJCougar

4:39pm

They should take the offer and present to the sellers. As long as you draw up

txblue

2:18pm

That's not what happens in reality. I've seen it several times and 1 of 2 things seems to always happen. 1) The agent

RdF3

2:19pm

Yeah, and that's wrong. Some agents are super territorial about representation

txblue

2:21pm

I should add that I've purchased a home without a buyers agent and sold homes

txblue

2:23pm

Reality is it does not matter what your offer says if the listing agreement says

Gente_Boa

4:02pm

Just use Homie and pay the flat fee for it. Then your offer will be worth more

MaxxPower

2:20pm

That's how it _should_ be

Gustav

2:25pm

Your best bet is to get an agent that will give you a kickback

kosmokramer

2:31pm

Here’s the thing in this that most overlook: the final price of the home always

monteburns

2:38pm

This is, annoyingly, what I have found

Gustav

2:45pm

Well, it’s just like when you sell a car. You want to get the most out of it.

monteburns

2:48pm

nearly all listing agreements are written such that the seller pays his broker a

Gente_Boa

3:55pm

This is my exact point. It’s stupid. The listing agreement only says that because of the way the industry is set up. I

RdF3

4:15pm

It wouldn’t change anything, that’s my point. Buyers get wound up thinking about

monteburns

4:26pm

You really aren't understanding this.

Gente_Boa

5:35pm

Oh no I understand. A listing person has no clue what is really going on they’re just going by what their agent that’s a

RdF3

5:40pm

no you clearly don't get it.

Gente_Boa

5:54pm

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