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Originally Posted by maat55
Your equating the realitors to the title lawyers
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Respectfully, I did no such thing. I was speaking in general. Most likely if you don't like realtors, you won't like lawyers, doctors, mechanics, etc. as well.
There are some things that the realtor can do for you. Keep in mind that the title attorney do NOT represent your interest. The title attorney's job is to just make the paperwork go through smoothly for the lender.
While realtors are not attorneys, they do have quite a bit more legal training than the typical layperson would.
Quote:
Originally Posted by maat55
The title company is where most of the real security happens , not with the agent
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I respectfully disagree. With the exception of this year, I typically buy and sell several properties a year. While not equivalent to a professional, I think I have more experience than the average layperson would.
What is your real estate experience?
What do you think happens at closing? All of the work has been negotiated before you even go to closing. Closing is just a formality to check the title and make sure all the legal paperwork gets filed.
Quote:
Originally Posted by maat55
Realitors are just high priced mechanics changing your sparkplug.
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Not all realtors are created equal. My realtor successfully bargained for a $25k reduction in fees for my friend who was being taken advantage of by her loan officer and title company because my friend did not speak English.
Realtors are just people. Some are good. Some are bad. You have to to know exactly what they can do for you. Most people have no idea what the realtor's fiduciary duties involve so they totally misjudge a realtor's performance.
I never use realtors to find properties. I do my own searching and browsing. I only use realtors to negotiate contracts.