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  • November 25, 2009 at 8:05 AM #487411
    Ren
    Participant

    We started out thinking we wanted to just use the listing agents, but with the sheer number of properties we would be looking at, we quickly discovered how much additional time is involved when you don’t have a buyer’s agent. We picked one we liked at a random open house, and even though he was new and made a few mistakes, he was a HUGE help and earned his commission.

    November 25, 2009 at 8:29 AM #486564
    (former)FormerSanDiegan
    Participant

    Personally, I see no advantage to not using a buyer’s agent. The seller is paying his/her commission. Unless you have at least a little experience in purchasing/owning real estate I would recommend using a broker.

    Don’t rely on a broker to negotiate a better price. That depends on you. But, what they can be good at it identifying the specific concessions you may have to make to get a deal, as well as keeping tabs on all aspects of the deal to ensure that you close.

    Sure, you can theoretically save 3% on a purchase, but in my opinion one cannot determine the appropriate price for a property to within 3% (nmaybe even 5% in most cases). So, it’s effectively in the noise.

    November 25, 2009 at 8:29 AM #486730
    (former)FormerSanDiegan
    Participant

    Personally, I see no advantage to not using a buyer’s agent. The seller is paying his/her commission. Unless you have at least a little experience in purchasing/owning real estate I would recommend using a broker.

    Don’t rely on a broker to negotiate a better price. That depends on you. But, what they can be good at it identifying the specific concessions you may have to make to get a deal, as well as keeping tabs on all aspects of the deal to ensure that you close.

    Sure, you can theoretically save 3% on a purchase, but in my opinion one cannot determine the appropriate price for a property to within 3% (nmaybe even 5% in most cases). So, it’s effectively in the noise.

    November 25, 2009 at 8:29 AM #487109
    (former)FormerSanDiegan
    Participant

    Personally, I see no advantage to not using a buyer’s agent. The seller is paying his/her commission. Unless you have at least a little experience in purchasing/owning real estate I would recommend using a broker.

    Don’t rely on a broker to negotiate a better price. That depends on you. But, what they can be good at it identifying the specific concessions you may have to make to get a deal, as well as keeping tabs on all aspects of the deal to ensure that you close.

    Sure, you can theoretically save 3% on a purchase, but in my opinion one cannot determine the appropriate price for a property to within 3% (nmaybe even 5% in most cases). So, it’s effectively in the noise.

    November 25, 2009 at 8:29 AM #487196
    (former)FormerSanDiegan
    Participant

    Personally, I see no advantage to not using a buyer’s agent. The seller is paying his/her commission. Unless you have at least a little experience in purchasing/owning real estate I would recommend using a broker.

    Don’t rely on a broker to negotiate a better price. That depends on you. But, what they can be good at it identifying the specific concessions you may have to make to get a deal, as well as keeping tabs on all aspects of the deal to ensure that you close.

    Sure, you can theoretically save 3% on a purchase, but in my opinion one cannot determine the appropriate price for a property to within 3% (nmaybe even 5% in most cases). So, it’s effectively in the noise.

    November 25, 2009 at 8:29 AM #487426
    (former)FormerSanDiegan
    Participant

    Personally, I see no advantage to not using a buyer’s agent. The seller is paying his/her commission. Unless you have at least a little experience in purchasing/owning real estate I would recommend using a broker.

    Don’t rely on a broker to negotiate a better price. That depends on you. But, what they can be good at it identifying the specific concessions you may have to make to get a deal, as well as keeping tabs on all aspects of the deal to ensure that you close.

    Sure, you can theoretically save 3% on a purchase, but in my opinion one cannot determine the appropriate price for a property to within 3% (nmaybe even 5% in most cases). So, it’s effectively in the noise.

    November 25, 2009 at 9:21 AM #486594
    NotCranky
    Participant

    I can see where someone repeatedly showing up a day lay and a dollar short on these distressed properties might want to increase their odds by going to the listing agent.In the hotter markets or segments, I would drop by lots of offices and tell them you will let them serve you if they have the right property. Perhaps, hire a consultant you can trust to give you leads and advice but not necessarily act as a procurring agent.

    November 25, 2009 at 9:21 AM #486760
    NotCranky
    Participant

    I can see where someone repeatedly showing up a day lay and a dollar short on these distressed properties might want to increase their odds by going to the listing agent.In the hotter markets or segments, I would drop by lots of offices and tell them you will let them serve you if they have the right property. Perhaps, hire a consultant you can trust to give you leads and advice but not necessarily act as a procurring agent.

    November 25, 2009 at 9:21 AM #487139
    NotCranky
    Participant

    I can see where someone repeatedly showing up a day lay and a dollar short on these distressed properties might want to increase their odds by going to the listing agent.In the hotter markets or segments, I would drop by lots of offices and tell them you will let them serve you if they have the right property. Perhaps, hire a consultant you can trust to give you leads and advice but not necessarily act as a procurring agent.

    November 25, 2009 at 9:21 AM #487226
    NotCranky
    Participant

    I can see where someone repeatedly showing up a day lay and a dollar short on these distressed properties might want to increase their odds by going to the listing agent.In the hotter markets or segments, I would drop by lots of offices and tell them you will let them serve you if they have the right property. Perhaps, hire a consultant you can trust to give you leads and advice but not necessarily act as a procurring agent.

    November 25, 2009 at 9:21 AM #487456
    NotCranky
    Participant

    I can see where someone repeatedly showing up a day lay and a dollar short on these distressed properties might want to increase their odds by going to the listing agent.In the hotter markets or segments, I would drop by lots of offices and tell them you will let them serve you if they have the right property. Perhaps, hire a consultant you can trust to give you leads and advice but not necessarily act as a procurring agent.

    November 25, 2009 at 9:23 AM #486599
    Zeitgeist
    Participant

    Get prequalified, so you can prove you are ready to buy.

    November 25, 2009 at 9:23 AM #486765
    Zeitgeist
    Participant

    Get prequalified, so you can prove you are ready to buy.

    November 25, 2009 at 9:23 AM #487144
    Zeitgeist
    Participant

    Get prequalified, so you can prove you are ready to buy.

    November 25, 2009 at 9:23 AM #487231
    Zeitgeist
    Participant

    Get prequalified, so you can prove you are ready to buy.

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