How to Buy w/out a Realtor?

[urbanrealtor]

Okay this thread has been alternately boring and cloddishly inane.

There are 2 rather dumb narratives going on here:
There is the:
I-have-a-strategy-that-will-get-me-a-better-price-and-maybe-some-of-the-lazy-agent’s-commission narrative

or the:
you-need-representation-or-you-will-get-screwed-(and-I-need-job-security) narrative

Both have some validity but are basically retarded because they are dependent entirely on counter factuals (you would have gotten a better deal if…).

So here is some data:

This is a list of all properties in 92101 that have closed that went pending (not closed) in the last 90 days.

http://tempo5.sandicor.com/Pub/EmailView.asp?r=1940723749&s=SND&t=SND&g=1

Here is the subset list of all of those properties where the listing office and buyer’s office were the same office( I used office instead of agent because often agents will hide a double end by putting one of the ends under an assistant or RE partner).

http://tempo5.sandicor.com/Pub/EmailView.asp?r=1635955827&s=SND&t=SND&g=1

As you can see the average ppsf was higher for those deals where the buyer’s rep was part of the same shop as the seller’s rep.

This is a statistical example of what agents already know colloquially, and it supports the assertions of both the pro and anti buyer agent camps. (note: the double-ended deals closed faster)

Bottom line:
Having a buyer agent who is unrelated to the listing agent is better for total price and it is also true that buyer agents can be an impediment to actually doing a deal.

That may be because the buyer’s agent is more likely to dig in on price and repairs or it may be just that buyer’s agents are contrary. Whatever.

One word of caution:
Many people think that they can get the benefits of one without the drawbacks (I know enough that I won’t overpay). That is a bit like saying that you will be the one dude in your cellblock not to get raped or the one freshman who gets a hot female roommate.

Its not a winning strategy to be too smart by half.

[urbanrealtor]

Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.

[urbanrealtor]

Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.

[urbanrealtor]

Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.

[urbanrealtor]

Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.

[urbanrealtor]

Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.

[bearishgurl]

UR, my participation here was just to drive home the notion that folks who thought they might have been “unrepresented” in their RE transactions were, in fact, “represented” and may have given up their right to their own buyer’s broker, instead unwittingly participating in a “dual agency” in their efforts to avoid “representation.”

btw, I like your style ;=]

[bearishgurl]

UR, my participation here was just to drive home the notion that folks who thought they might have been “unrepresented” in their RE transactions were, in fact, “represented” and may have given up their right to their own buyer’s broker, instead unwittingly participating in a “dual agency” in their efforts to avoid “representation.”

btw, I like your style ;=]

[bearishgurl]

UR, my participation here was just to drive home the notion that folks who thought they might have been “unrepresented” in their RE transactions were, in fact, “represented” and may have given up their right to their own buyer’s broker, instead unwittingly participating in a “dual agency” in their efforts to avoid “representation.”

btw, I like your style ;=]

[bearishgurl]

UR, my participation here was just to drive home the notion that folks who thought they might have been “unrepresented” in their RE transactions were, in fact, “represented” and may have given up their right to their own buyer’s broker, instead unwittingly participating in a “dual agency” in their efforts to avoid “representation.”

btw, I like your style ;=]

[bearishgurl]

UR, my participation here was just to drive home the notion that folks who thought they might have been “unrepresented” in their RE transactions were, in fact, “represented” and may have given up their right to their own buyer’s broker, instead unwittingly participating in a “dual agency” in their efforts to avoid “representation.”

btw, I like your style ;=]

[drboom]

[quote=urbanrealtor]Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.[/quote]

I don’t qualify since I ended up buying with an agent.

But once again, we have a pro who thinks only other pros can determine whether a deal was good or not. The schoolyard taunts are funny but misplaced.

Just how hard do you think this stuff is? If you think it’s hard, I submit you’re not all that bright to begin with–so your opinion is worthless one way or the other. If you think it’s easy but requires the all-seeing and all-knowing MLS, I’ve already dealt with that elsewhere: see the “cult” thread.

If you think people are being dishonest, then I’d like to know who you think is full of $#!t and why. If you can’t come up with anything concrete, then STFU and bring some data to the discussion like you did in the previous post.

xoxo,
-drboom

[drboom]

[quote=urbanrealtor]Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.[/quote]

I don’t qualify since I ended up buying with an agent.

But once again, we have a pro who thinks only other pros can determine whether a deal was good or not. The schoolyard taunts are funny but misplaced.

Just how hard do you think this stuff is? If you think it’s hard, I submit you’re not all that bright to begin with–so your opinion is worthless one way or the other. If you think it’s easy but requires the all-seeing and all-knowing MLS, I’ve already dealt with that elsewhere: see the “cult” thread.

If you think people are being dishonest, then I’d like to know who you think is full of $#!t and why. If you can’t come up with anything concrete, then STFU and bring some data to the discussion like you did in the previous post.

xoxo,
-drboom

[drboom]

[quote=urbanrealtor]Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.[/quote]

I don’t qualify since I ended up buying with an agent.

But once again, we have a pro who thinks only other pros can determine whether a deal was good or not. The schoolyard taunts are funny but misplaced.

Just how hard do you think this stuff is? If you think it’s hard, I submit you’re not all that bright to begin with–so your opinion is worthless one way or the other. If you think it’s easy but requires the all-seeing and all-knowing MLS, I’ve already dealt with that elsewhere: see the “cult” thread.

If you think people are being dishonest, then I’d like to know who you think is full of $#!t and why. If you can’t come up with anything concrete, then STFU and bring some data to the discussion like you did in the previous post.

xoxo,
-drboom

[drboom]

[quote=urbanrealtor]Also:
To those who are bragging about having bought without an agent:

I dare you to post an address (or pm it).
I will share it with other agents on this board and in my office and we will tell you if we think you actually got a good price or not. (you may or may not have).
We will not post the address if you would prefer.

If you don’t have the courage to give us that, then I submit you are a coward without the courage of your convictions.

I am calling you out.

Reply if you’ve got a pair.

Otherwise step off.[/quote]

I don’t qualify since I ended up buying with an agent.

But once again, we have a pro who thinks only other pros can determine whether a deal was good or not. The schoolyard taunts are funny but misplaced.

Just how hard do you think this stuff is? If you think it’s hard, I submit you’re not all that bright to begin with–so your opinion is worthless one way or the other. If you think it’s easy but requires the all-seeing and all-knowing MLS, I’ve already dealt with that elsewhere: see the “cult” thread.

If you think people are being dishonest, then I’d like to know who you think is full of $#!t and why. If you can’t come up with anything concrete, then STFU and bring some data to the discussion like you did in the previous post.

xoxo,
-drboom

[Author]

Posts