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You just don't sign a contract where you give a buyers agent commission, although again this limits the pool. Frankly, buyers agents are largely a scam in my vi
by Kirby64 3y ago
You just don't sign a contract where you give a buyers agent commission, although again this limits the pool. Frankly, buyers agents are largely a scam in my view. With MLS, Zillow, Redfin, etc, their 'experience' seems mostly worthless. It certainly is not worth 3% of the cost of a house.
If anything, sellers agents are more useful since they actually offer something valuable to the real estate experience (e.g., listing housing, photos, providing buyers access, etc).
- bluGill 3y agoBuyers agents know better how to search the MLS system (though only a few do this). They also line up times to see houses, and take time to drive you to each. So a good buyers agent has spent about 8 hours of time to each buyer, plus expenses. I agree they are getting far too much, but they still are valuable.
- Wytwwww 3y ago> but they still are valuable. All of those things seem to be pretty simple and worth barely of fraction of $2000 per hour (if they actually only spend 8 hours in total? I mean at that point it might make sense to spend 40-80 hours to do the same things yourself instead depending on your income).