How to Buy w/out a Realtor?

[sdrealtor]

Actually listing agent does have a fiduciary responsibility and good ones know and respect that. Otherwise they get sued.

You may be incurring more risks with a bad buyers agent just like you can avoid risks with a good one.

Like I said this isnt rocket science. I’m sure that any of you who spent a few years of their life doing this and closing several dozen transactions would gain the experience to be very good at this. Someone doing anything in this world for the first time is unlikely to do it well. Its really that simple. The first time you try to rollerskate you usually fall on your butt and dust yourself off. In a real estate transaction it can be very costly to fall on your butt and even more costly to dust yourself off. Thats all. It doesnt matter to me what you do and I hope it goes well for you whatever you decide.

[SD Realtor]

What also is not discussed here is that as a buyer you can be unrepresented and essentially represent yourself. However it is unlikely that the listing BROKER will want to risk doing the transaction with you. If I were to list a home and a buyer came and was not represented I would not take the risk. As an agent there is way to much liability when you are working with an unrepresented party on the other side. Many people here wonder why the documentation process in real estate is so bulky now and it is simply because of lawsuits. Whenever I take a listing I tell the seller up front that the buyer must be represented. Not even a question nor is a few thousand bucks commission worth that sort of liability risk. My advice for the original poster is to approach the listing agent and work directly with them and try to squeeze him for some bucks or find a realtor who will rebate you some commission back as there are plenty out there who will.

[SD Realtor]

What also is not discussed here is that as a buyer you can be unrepresented and essentially represent yourself. However it is unlikely that the listing BROKER will want to risk doing the transaction with you. If I were to list a home and a buyer came and was not represented I would not take the risk. As an agent there is way to much liability when you are working with an unrepresented party on the other side. Many people here wonder why the documentation process in real estate is so bulky now and it is simply because of lawsuits. Whenever I take a listing I tell the seller up front that the buyer must be represented. Not even a question nor is a few thousand bucks commission worth that sort of liability risk. My advice for the original poster is to approach the listing agent and work directly with them and try to squeeze him for some bucks or find a realtor who will rebate you some commission back as there are plenty out there who will.

[SD Realtor]

What also is not discussed here is that as a buyer you can be unrepresented and essentially represent yourself. However it is unlikely that the listing BROKER will want to risk doing the transaction with you. If I were to list a home and a buyer came and was not represented I would not take the risk. As an agent there is way to much liability when you are working with an unrepresented party on the other side. Many people here wonder why the documentation process in real estate is so bulky now and it is simply because of lawsuits. Whenever I take a listing I tell the seller up front that the buyer must be represented. Not even a question nor is a few thousand bucks commission worth that sort of liability risk. My advice for the original poster is to approach the listing agent and work directly with them and try to squeeze him for some bucks or find a realtor who will rebate you some commission back as there are plenty out there who will.

[SD Realtor]

What also is not discussed here is that as a buyer you can be unrepresented and essentially represent yourself. However it is unlikely that the listing BROKER will want to risk doing the transaction with you. If I were to list a home and a buyer came and was not represented I would not take the risk. As an agent there is way to much liability when you are working with an unrepresented party on the other side. Many people here wonder why the documentation process in real estate is so bulky now and it is simply because of lawsuits. Whenever I take a listing I tell the seller up front that the buyer must be represented. Not even a question nor is a few thousand bucks commission worth that sort of liability risk. My advice for the original poster is to approach the listing agent and work directly with them and try to squeeze him for some bucks or find a realtor who will rebate you some commission back as there are plenty out there who will.

[SD Realtor]

What also is not discussed here is that as a buyer you can be unrepresented and essentially represent yourself. However it is unlikely that the listing BROKER will want to risk doing the transaction with you. If I were to list a home and a buyer came and was not represented I would not take the risk. As an agent there is way to much liability when you are working with an unrepresented party on the other side. Many people here wonder why the documentation process in real estate is so bulky now and it is simply because of lawsuits. Whenever I take a listing I tell the seller up front that the buyer must be represented. Not even a question nor is a few thousand bucks commission worth that sort of liability risk. My advice for the original poster is to approach the listing agent and work directly with them and try to squeeze him for some bucks or find a realtor who will rebate you some commission back as there are plenty out there who will.

[sdrealtor]

Pretty much the point of my original post on the thread. Even if a buyer gives up their right to representation, the listing agent is still on the hook and can be sued for letting the buyer do something foolish. There is alot of liability out there as just like SD R and I said, you are better off going to the lisitng agent and trying to get something out of them (1% is reasonable, 2% probably unlikely but you could try). Of course their compensation is set in a contract they have with the seller and they have no obligation to give you a penny.

[sdrealtor]

Pretty much the point of my original post on the thread. Even if a buyer gives up their right to representation, the listing agent is still on the hook and can be sued for letting the buyer do something foolish. There is alot of liability out there as just like SD R and I said, you are better off going to the lisitng agent and trying to get something out of them (1% is reasonable, 2% probably unlikely but you could try). Of course their compensation is set in a contract they have with the seller and they have no obligation to give you a penny.

[sdrealtor]

Pretty much the point of my original post on the thread. Even if a buyer gives up their right to representation, the listing agent is still on the hook and can be sued for letting the buyer do something foolish. There is alot of liability out there as just like SD R and I said, you are better off going to the lisitng agent and trying to get something out of them (1% is reasonable, 2% probably unlikely but you could try). Of course their compensation is set in a contract they have with the seller and they have no obligation to give you a penny.

[sdrealtor]

Pretty much the point of my original post on the thread. Even if a buyer gives up their right to representation, the listing agent is still on the hook and can be sued for letting the buyer do something foolish. There is alot of liability out there as just like SD R and I said, you are better off going to the lisitng agent and trying to get something out of them (1% is reasonable, 2% probably unlikely but you could try). Of course their compensation is set in a contract they have with the seller and they have no obligation to give you a penny.

[sdrealtor]

Pretty much the point of my original post on the thread. Even if a buyer gives up their right to representation, the listing agent is still on the hook and can be sued for letting the buyer do something foolish. There is alot of liability out there as just like SD R and I said, you are better off going to the lisitng agent and trying to get something out of them (1% is reasonable, 2% probably unlikely but you could try). Of course their compensation is set in a contract they have with the seller and they have no obligation to give you a penny.

[njtosd]

sdrealtor – wouldn’t your fiduciary duty have required you to fight for that $2000 regardless of whether the other agent upset you or not? Your post tends to reinforce my fear that agents put their relationships with other agents ahead of client interests.

[njtosd]

sdrealtor – wouldn’t your fiduciary duty have required you to fight for that $2000 regardless of whether the other agent upset you or not? Your post tends to reinforce my fear that agents put their relationships with other agents ahead of client interests.

[njtosd]

sdrealtor – wouldn’t your fiduciary duty have required you to fight for that $2000 regardless of whether the other agent upset you or not? Your post tends to reinforce my fear that agents put their relationships with other agents ahead of client interests.

[njtosd]

sdrealtor – wouldn’t your fiduciary duty have required you to fight for that $2000 regardless of whether the other agent upset you or not? Your post tends to reinforce my fear that agents put their relationships with other agents ahead of client interests.

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