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

Oct 9, 2024
2:25:51pm

Ycrazy All-American

by the unwillingness of the selling realtors to cut the commission I got a friend who was a realtor paid her 1500 dollars for the day and pocketed the rest. It was so stupid.

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Ycrazy

Bio page: Ycrazy
Joined: Apr 14, 2011
Last login: Oct 9, 2024
Total posts: 9,187 (7 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

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

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

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