without buyers agent?

[SD Realtor]

Urban sometimes you are damned if you do and damned if you don’t. You can pull out stats and many examples about how going directly through the listing agent does not give you the golden ticket such that your offer will be accepted. For the most part your entries will be thought of as solicitations. Kristian Peter does alot of REOs as well, (currently they use TAZA for thier entry system) and there are guys like Earl Gervias at American Eagle as well. Your point, and sdr has said it alot as well is that if you run the numbers it would be surprising how many of these guys actually double end deals. Does it happen? Yes. As much as people think? Probably not. It is understandably frustrating for buyers though. I would also strongly agree it is the small timer onesy/twosy guys that are more susceptible to be a sheister.

Also on the other thread BSR referred to there was a comment about cash being king which is true BUT within limits. It is king for a few percentage points, however if there are lots of contingencies or a longer escrow it is not.

Here is an idea, for anyone out there, if you see an REO and you wanna know how many double ends that particular agent has done or that brokerage list the REO and one of us will post the numbers.

[NotCranky]

What would be interesting is the double ended deals numbers for very few days on market vs. a month or more. I don’t think stuff with market time is frustrating buyers much. I don’t really know how it would turn out. The topic seems to have started to preclude short sales and I think they are just as important as a separate category. Also what percentaged of in house deal were highly qualified buyers vs. zero down,lots of contingencies? I think we are recommending this with a caveat that the buyer have their ducks in a row.

It seems to me the idea is that you want to get your foot in the door on properties that are going fast, fully aware you are not going to steal or get burned with any kind of agent.I don’t look at it as finding a crooked listing agent,just trying to bump your place in line up a bit.If it were me I’d take the listing agent to lunch and pay for it too.Keep him busy. You can always work with another agent on properties with market time.

[NotCranky]

What would be interesting is the double ended deals numbers for very few days on market vs. a month or more. I don’t think stuff with market time is frustrating buyers much. I don’t really know how it would turn out. The topic seems to have started to preclude short sales and I think they are just as important as a separate category. Also what percentaged of in house deal were highly qualified buyers vs. zero down,lots of contingencies? I think we are recommending this with a caveat that the buyer have their ducks in a row.

It seems to me the idea is that you want to get your foot in the door on properties that are going fast, fully aware you are not going to steal or get burned with any kind of agent.I don’t look at it as finding a crooked listing agent,just trying to bump your place in line up a bit.If it were me I’d take the listing agent to lunch and pay for it too.Keep him busy. You can always work with another agent on properties with market time.

[NotCranky]

What would be interesting is the double ended deals numbers for very few days on market vs. a month or more. I don’t think stuff with market time is frustrating buyers much. I don’t really know how it would turn out. The topic seems to have started to preclude short sales and I think they are just as important as a separate category. Also what percentaged of in house deal were highly qualified buyers vs. zero down,lots of contingencies? I think we are recommending this with a caveat that the buyer have their ducks in a row.

It seems to me the idea is that you want to get your foot in the door on properties that are going fast, fully aware you are not going to steal or get burned with any kind of agent.I don’t look at it as finding a crooked listing agent,just trying to bump your place in line up a bit.If it were me I’d take the listing agent to lunch and pay for it too.Keep him busy. You can always work with another agent on properties with market time.

[NotCranky]

What would be interesting is the double ended deals numbers for very few days on market vs. a month or more. I don’t think stuff with market time is frustrating buyers much. I don’t really know how it would turn out. The topic seems to have started to preclude short sales and I think they are just as important as a separate category. Also what percentaged of in house deal were highly qualified buyers vs. zero down,lots of contingencies? I think we are recommending this with a caveat that the buyer have their ducks in a row.

It seems to me the idea is that you want to get your foot in the door on properties that are going fast, fully aware you are not going to steal or get burned with any kind of agent.I don’t look at it as finding a crooked listing agent,just trying to bump your place in line up a bit.If it were me I’d take the listing agent to lunch and pay for it too.Keep him busy. You can always work with another agent on properties with market time.

[NotCranky]

What would be interesting is the double ended deals numbers for very few days on market vs. a month or more. I don’t think stuff with market time is frustrating buyers much. I don’t really know how it would turn out. The topic seems to have started to preclude short sales and I think they are just as important as a separate category. Also what percentaged of in house deal were highly qualified buyers vs. zero down,lots of contingencies? I think we are recommending this with a caveat that the buyer have their ducks in a row.

It seems to me the idea is that you want to get your foot in the door on properties that are going fast, fully aware you are not going to steal or get burned with any kind of agent.I don’t look at it as finding a crooked listing agent,just trying to bump your place in line up a bit.If it were me I’d take the listing agent to lunch and pay for it too.Keep him busy. You can always work with another agent on properties with market time.

[Ren]

[quote=patb]i think buyers agents are there to work on your emotions.

Sure if you don’t know a neighborhood they help but
if you do know it, the buyers agent only gets paid if you buy so they seek to work your emotions[/quote]

I don’t think that’s true. Houses aren’t like used cars – people can’t be talked into buying a house they don’t want. Any reasonably intelligent person can see manipulation a mile away. The buyer’s agent is there to let them into houses, do the paperwork for offers, and give advice when asked. As a buyer, I turned my back on any realtor who tried to do more, or give me any kind of pitch, but luckily there weren’t many of them.

[Ren]

[quote=patb]i think buyers agents are there to work on your emotions.

Sure if you don’t know a neighborhood they help but
if you do know it, the buyers agent only gets paid if you buy so they seek to work your emotions[/quote]

I don’t think that’s true. Houses aren’t like used cars – people can’t be talked into buying a house they don’t want. Any reasonably intelligent person can see manipulation a mile away. The buyer’s agent is there to let them into houses, do the paperwork for offers, and give advice when asked. As a buyer, I turned my back on any realtor who tried to do more, or give me any kind of pitch, but luckily there weren’t many of them.

[Ren]

[quote=patb]i think buyers agents are there to work on your emotions.

Sure if you don’t know a neighborhood they help but
if you do know it, the buyers agent only gets paid if you buy so they seek to work your emotions[/quote]

I don’t think that’s true. Houses aren’t like used cars – people can’t be talked into buying a house they don’t want. Any reasonably intelligent person can see manipulation a mile away. The buyer’s agent is there to let them into houses, do the paperwork for offers, and give advice when asked. As a buyer, I turned my back on any realtor who tried to do more, or give me any kind of pitch, but luckily there weren’t many of them.

[Ren]

[quote=patb]i think buyers agents are there to work on your emotions.

Sure if you don’t know a neighborhood they help but
if you do know it, the buyers agent only gets paid if you buy so they seek to work your emotions[/quote]

I don’t think that’s true. Houses aren’t like used cars – people can’t be talked into buying a house they don’t want. Any reasonably intelligent person can see manipulation a mile away. The buyer’s agent is there to let them into houses, do the paperwork for offers, and give advice when asked. As a buyer, I turned my back on any realtor who tried to do more, or give me any kind of pitch, but luckily there weren’t many of them.

[Ren]

[quote=patb]i think buyers agents are there to work on your emotions.

Sure if you don’t know a neighborhood they help but
if you do know it, the buyers agent only gets paid if you buy so they seek to work your emotions[/quote]

I don’t think that’s true. Houses aren’t like used cars – people can’t be talked into buying a house they don’t want. Any reasonably intelligent person can see manipulation a mile away. The buyer’s agent is there to let them into houses, do the paperwork for offers, and give advice when asked. As a buyer, I turned my back on any realtor who tried to do more, or give me any kind of pitch, but luckily there weren’t many of them.

[Anonymous]

[quote=coloradorealtor]It’s not a good idea. […] Most national builders know how many homes will be sold each year by agents and how many will be sold to buyers without agents. The builder builds the commission into his marketing budget. Say a builder knows that 83% of his sales are Realtor generated. He budgets for this. When you walk in without an agent, you’re one of the 17% that he’s budgeted for and you give him an opportunity to move lesser desired properties. […][/quote]

If you don’t use a Realtor you won’t have the benefit of the sound business reasoning skills demonstrated by the argument above.

[Anonymous]

[quote=coloradorealtor]It’s not a good idea. […] Most national builders know how many homes will be sold each year by agents and how many will be sold to buyers without agents. The builder builds the commission into his marketing budget. Say a builder knows that 83% of his sales are Realtor generated. He budgets for this. When you walk in without an agent, you’re one of the 17% that he’s budgeted for and you give him an opportunity to move lesser desired properties. […][/quote]

If you don’t use a Realtor you won’t have the benefit of the sound business reasoning skills demonstrated by the argument above.

[Anonymous]

[quote=coloradorealtor]It’s not a good idea. […] Most national builders know how many homes will be sold each year by agents and how many will be sold to buyers without agents. The builder builds the commission into his marketing budget. Say a builder knows that 83% of his sales are Realtor generated. He budgets for this. When you walk in without an agent, you’re one of the 17% that he’s budgeted for and you give him an opportunity to move lesser desired properties. […][/quote]

If you don’t use a Realtor you won’t have the benefit of the sound business reasoning skills demonstrated by the argument above.

[Anonymous]

[quote=coloradorealtor]It’s not a good idea. […] Most national builders know how many homes will be sold each year by agents and how many will be sold to buyers without agents. The builder builds the commission into his marketing budget. Say a builder knows that 83% of his sales are Realtor generated. He budgets for this. When you walk in without an agent, you’re one of the 17% that he’s budgeted for and you give him an opportunity to move lesser desired properties. […][/quote]

If you don’t use a Realtor you won’t have the benefit of the sound business reasoning skills demonstrated by the argument above.

[Author]

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