Quote:
Originally Posted by Pamalla12
Obviously this person has no idea what a real estate agent does. There is more than simply putting a home owners home in the MLS and having open houses. It is people like this that cause lot of problems for everyone in our industry to have problems because all of a sudden they think they are experts in everything going on and yet they know nothing. Leave the real estate agents to do there job, just like an accountant knows his job and doctors know there jobs. Would you take your car to a dentist for repairs or your boat to a barber shop to be fixed? Well this is the same and taking information on a site like this from some one who knows nothing about what a professional real estate agent does or spends money on to get your home sold is the same thing!
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The OP stated the only thing a listing agent does is place a new listing on MLS. I can see the reasoning. Once it gets views, buyers call or email to see the house. More often than not, the seller prepares the home for showings. The buyers agent merely walks through the house with the potential buyer.
For many of us in the Villages this is not our first rodeo. We have bought and sold homes in the past. We do not need someone holding our hand along the way. If selling your home, use VLS to set the price. Type in your model name and review the same style homes currently listed and the asking price. Then, set your price, accordingly. This IS NOT ROCKET SCIENCE.
Negotiate? As the seller, I know my bottom line. No realtor, no matter how good they believe they are at getting the best price, will change that. They merely take all the credit when a seller agrees to a lower price he/she had in her mind throughout the process.
I am with the group who believe a buyer's agent is unnecessary. Like a home you see on MLS? Call the listing agent and work with him/her. There is no need for a middle man. The listing agent will accept your offer or explain why it was declined. You do not need a buyer's agent in the middle causing confusion.
If you are getting a mortgage, the bank will get an appraisal and do ALL the legwork needed to protect their investment. A buyer merely has to show up at closing and sign the paperwork. Again, a buyer's agent will only cause confusion and slow the process.
People use a buyers agent because they ARE FREE. The seller pays their commission. Once a buyer is asked to pay an enormous fee for their service, I believe most will be unwilling. They will simply work with the listing agent and bank with no additional cost to them.