Quote:
Originally Posted by InDebtInDC
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.
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.
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.
|
I have nothing against realitors or doctors or mechanics. I just don't use them for things I can do myself. I've sold two homes and bought one FSBO with no problems or commissions.
Buying and selling homes,IMO, is no different than buying and selling a car. Do you call an auto dealer to sell your used car? I don't. Do you call a mechanic to change your spark plugs? I don't. Do you call a doctor to put a bandaid on a cut? I don't.
If I needed a realitor to sell something I couldn't, I would call one. If I'm looking for a house to buy, no one know's better than me, what I want and where I want to live. I'm not trying to be aurgumentative, just practical.