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Well, the average real estate agent is also a shit negotiator on your behalf. The incentive structure makes it so irrespective of the skill set. The agent’s pri
by tgma 3y ago
Well, the average real estate agent is also a shit negotiator on your behalf. The incentive structure makes it so irrespective of the skill set. The agent’s primary job is to sell themselves to you when they get the listing not to sell your house at max price. On the buy side they are also incentivized to close the deal rather than make you do a wise bid. That said during a bidding war, if you are a buyer and your agent is a rando or you don’t have one, the seller agent almost certainly will give the last word to their buddies in the industry so you’ll lose the bidding war. That’s about the only value I’ve seen an agent provide.