How to Buy w/out a Realtor?

[bearishgurl]

[quote=sdrealtor] . . . Thanks again for all the heartwarming stories particularly the murder-suicide story. You have such a wonderful way of always seeing the bright side of life.[/quote]

Oddly enough, sdr, in all of those “scenarios” I described I have personally been a witness to as a neighbor and/or local agent. Two of the scenarios are currently in progress. And these are all just in my neck of the woods with one being in an adjacent area.

It’s not “scare tactics.” In real life, sh*t happens. What I was trying to say here was that working with a non-local buyer’s agent, especially in an established community, is just plain stupid where there are plenty of good longtime local agents to choose from.

Caveat emptor. Looks can be deceiving. It’s a minefield out there. As a buyer, you can attempt to “go it alone” if you wish but don’t later come back and complain about what (and where) you bought ;=)

[CA renter]

[quote=bearishgurl]I want to chime in here to drive home the neighborhood agent concept a little more and give credit where credit is due to longtime resident buyers shopping on their “home turf.”

Now, you’re probably all falling over yourselves laughing over this “dirty dish on the down low” but all of this is “real” and its everywhere, from $200K areas to $2M+ areas. In defense of drboom, this is how “homie” buyers think. It’s NOT NECESSARILY about getting the rock-bottom lowest price or overthinking the “timing” the RE market. UR and sdr are NOT going to “see” any of this on their “stats” or even on a “preview.” Ya gotta give credit to what this type of buyer and/or their neighborhood agent already knows. It’s about getting an acceptable property in a very, very specific location when they are ready to buy. Numbers aren’t everything and they don’t tell the whole story. My biz is “fleshing out the story” and getting the job done.[/quote]

This was a very good post, BG, and right on the money. I think this is what some of us are trying to say. Some buyers are much more knowledgable about their particular area than most agents are. That’s not a slam against agents, it just means that not all buyers are less informed than the agents in some cases.

BTW, I’m not claiming “native” knowledge myself and would never claim to know as much as a native resident or long-time established agent who has the local knowledge you’ve brought up. These established agents can indeed provide very valuable information, and most buyers — especially those who do not follow the housing market closely, or who don’t have the local knowledge — would be well advised to use their services.

[CA renter]

[quote=bearishgurl]I want to chime in here to drive home the neighborhood agent concept a little more and give credit where credit is due to longtime resident buyers shopping on their “home turf.”

Now, you’re probably all falling over yourselves laughing over this “dirty dish on the down low” but all of this is “real” and its everywhere, from $200K areas to $2M+ areas. In defense of drboom, this is how “homie” buyers think. It’s NOT NECESSARILY about getting the rock-bottom lowest price or overthinking the “timing” the RE market. UR and sdr are NOT going to “see” any of this on their “stats” or even on a “preview.” Ya gotta give credit to what this type of buyer and/or their neighborhood agent already knows. It’s about getting an acceptable property in a very, very specific location when they are ready to buy. Numbers aren’t everything and they don’t tell the whole story. My biz is “fleshing out the story” and getting the job done.[/quote]

This was a very good post, BG, and right on the money. I think this is what some of us are trying to say. Some buyers are much more knowledgable about their particular area than most agents are. That’s not a slam against agents, it just means that not all buyers are less informed than the agents in some cases.

BTW, I’m not claiming “native” knowledge myself and would never claim to know as much as a native resident or long-time established agent who has the local knowledge you’ve brought up. These established agents can indeed provide very valuable information, and most buyers — especially those who do not follow the housing market closely, or who don’t have the local knowledge — would be well advised to use their services.

[CA renter]

[quote=bearishgurl]I want to chime in here to drive home the neighborhood agent concept a little more and give credit where credit is due to longtime resident buyers shopping on their “home turf.”

Now, you’re probably all falling over yourselves laughing over this “dirty dish on the down low” but all of this is “real” and its everywhere, from $200K areas to $2M+ areas. In defense of drboom, this is how “homie” buyers think. It’s NOT NECESSARILY about getting the rock-bottom lowest price or overthinking the “timing” the RE market. UR and sdr are NOT going to “see” any of this on their “stats” or even on a “preview.” Ya gotta give credit to what this type of buyer and/or their neighborhood agent already knows. It’s about getting an acceptable property in a very, very specific location when they are ready to buy. Numbers aren’t everything and they don’t tell the whole story. My biz is “fleshing out the story” and getting the job done.[/quote]

This was a very good post, BG, and right on the money. I think this is what some of us are trying to say. Some buyers are much more knowledgable about their particular area than most agents are. That’s not a slam against agents, it just means that not all buyers are less informed than the agents in some cases.

BTW, I’m not claiming “native” knowledge myself and would never claim to know as much as a native resident or long-time established agent who has the local knowledge you’ve brought up. These established agents can indeed provide very valuable information, and most buyers — especially those who do not follow the housing market closely, or who don’t have the local knowledge — would be well advised to use their services.

[CA renter]

[quote=bearishgurl]I want to chime in here to drive home the neighborhood agent concept a little more and give credit where credit is due to longtime resident buyers shopping on their “home turf.”

Now, you’re probably all falling over yourselves laughing over this “dirty dish on the down low” but all of this is “real” and its everywhere, from $200K areas to $2M+ areas. In defense of drboom, this is how “homie” buyers think. It’s NOT NECESSARILY about getting the rock-bottom lowest price or overthinking the “timing” the RE market. UR and sdr are NOT going to “see” any of this on their “stats” or even on a “preview.” Ya gotta give credit to what this type of buyer and/or their neighborhood agent already knows. It’s about getting an acceptable property in a very, very specific location when they are ready to buy. Numbers aren’t everything and they don’t tell the whole story. My biz is “fleshing out the story” and getting the job done.[/quote]

This was a very good post, BG, and right on the money. I think this is what some of us are trying to say. Some buyers are much more knowledgable about their particular area than most agents are. That’s not a slam against agents, it just means that not all buyers are less informed than the agents in some cases.

BTW, I’m not claiming “native” knowledge myself and would never claim to know as much as a native resident or long-time established agent who has the local knowledge you’ve brought up. These established agents can indeed provide very valuable information, and most buyers — especially those who do not follow the housing market closely, or who don’t have the local knowledge — would be well advised to use their services.

[CA renter]

[quote=bearishgurl]I want to chime in here to drive home the neighborhood agent concept a little more and give credit where credit is due to longtime resident buyers shopping on their “home turf.”

Now, you’re probably all falling over yourselves laughing over this “dirty dish on the down low” but all of this is “real” and its everywhere, from $200K areas to $2M+ areas. In defense of drboom, this is how “homie” buyers think. It’s NOT NECESSARILY about getting the rock-bottom lowest price or overthinking the “timing” the RE market. UR and sdr are NOT going to “see” any of this on their “stats” or even on a “preview.” Ya gotta give credit to what this type of buyer and/or their neighborhood agent already knows. It’s about getting an acceptable property in a very, very specific location when they are ready to buy. Numbers aren’t everything and they don’t tell the whole story. My biz is “fleshing out the story” and getting the job done.[/quote]

This was a very good post, BG, and right on the money. I think this is what some of us are trying to say. Some buyers are much more knowledgable about their particular area than most agents are. That’s not a slam against agents, it just means that not all buyers are less informed than the agents in some cases.

BTW, I’m not claiming “native” knowledge myself and would never claim to know as much as a native resident or long-time established agent who has the local knowledge you’ve brought up. These established agents can indeed provide very valuable information, and most buyers — especially those who do not follow the housing market closely, or who don’t have the local knowledge — would be well advised to use their services.

[matt-waiting]

Thanks bearishgirl. I will contact you when I am looking for a paralegal/part time RE agent, who refuses to accept that a 1.5% rebate has the same result as saving on “commission.”

If I decide to to buy in the land of delusion, I will ask for your local expertise.

[matt-waiting]

Thanks bearishgirl. I will contact you when I am looking for a paralegal/part time RE agent, who refuses to accept that a 1.5% rebate has the same result as saving on “commission.”

If I decide to to buy in the land of delusion, I will ask for your local expertise.

[matt-waiting]

Thanks bearishgirl. I will contact you when I am looking for a paralegal/part time RE agent, who refuses to accept that a 1.5% rebate has the same result as saving on “commission.”

If I decide to to buy in the land of delusion, I will ask for your local expertise.

[matt-waiting]

Thanks bearishgirl. I will contact you when I am looking for a paralegal/part time RE agent, who refuses to accept that a 1.5% rebate has the same result as saving on “commission.”

If I decide to to buy in the land of delusion, I will ask for your local expertise.

[matt-waiting]

Thanks bearishgirl. I will contact you when I am looking for a paralegal/part time RE agent, who refuses to accept that a 1.5% rebate has the same result as saving on “commission.”

If I decide to to buy in the land of delusion, I will ask for your local expertise.

[Anonymous]

Actually sdr I paid 3.9% not 4.9 (.9% to my agent and 3% to buyers agent). That saved a few grand so I’ll take it. But my point was that if the buyers came without an agent, could have saved a LOT more.

The problem is the dumbass public who insists on using traditional realtors. If the sellers had any common sense and used discount realtors, then there would be a real advantage to coming in as a buyer without an agent.

[Anonymous]

Actually sdr I paid 3.9% not 4.9 (.9% to my agent and 3% to buyers agent). That saved a few grand so I’ll take it. But my point was that if the buyers came without an agent, could have saved a LOT more.

The problem is the dumbass public who insists on using traditional realtors. If the sellers had any common sense and used discount realtors, then there would be a real advantage to coming in as a buyer without an agent.

[Anonymous]

Actually sdr I paid 3.9% not 4.9 (.9% to my agent and 3% to buyers agent). That saved a few grand so I’ll take it. But my point was that if the buyers came without an agent, could have saved a LOT more.

The problem is the dumbass public who insists on using traditional realtors. If the sellers had any common sense and used discount realtors, then there would be a real advantage to coming in as a buyer without an agent.

[Anonymous]

Actually sdr I paid 3.9% not 4.9 (.9% to my agent and 3% to buyers agent). That saved a few grand so I’ll take it. But my point was that if the buyers came without an agent, could have saved a LOT more.

The problem is the dumbass public who insists on using traditional realtors. If the sellers had any common sense and used discount realtors, then there would be a real advantage to coming in as a buyer without an agent.

[Author]

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