“The agent has to make sure the other agent knows that you’re the guy to close the deal. You as a buyer need to know exactly what you want in a house, your agent needs to understand that, and you need to make up your mind in about 30 minutes upon seeing it.”
=> Your advise is way too much complicated and impratical … a simple way to be just ditch your buyer’s agent and ask the listing agent and seller to “work” directly with you the “Buyer” … that way you wont have the issue of incompetent-buyer’s-agent. Also if you are Savvy enough to make a prudent home-buying decision in just 30 minutes, then it means that you have done your research and Home-Work thoroughly, and quite likly you dont need the Buyer’s Agent.
If you have not done your research and are trying to make one-of-the biggest financial decision of your lifetime in 30 minutes … you are ‘Risking It” big time.[/quote]
I have had, as a hypothesis for some time, that buyers who go unrepresented do not do better and in fact do worse in purchases.
I did a little test asking for volunteers on this blog to give me their addresses so I could test this hypothesis.
My hypothesis was supported.
However (and I was not expecting this), I also found a greater level of satisfaction in buyers who handled it all themselves.
In other words, it is like cars or home improvement.
From the outside, the work is inferior at a relative level.
From the point of view of the do-it-yourself person, there is a greater level of satisfaction.
As a logical level, there is the reality that the buyer is assuming that the agent’s greed (over getting a double commission) will cause him to be helpful to the buyer (and not fuck the buyer over) while at the same time pushing through an otherwise non-optimal offer (and thus fucking over his seller client).
