From Comment #93
If the market will bring in $424,00 the seller would be a fool to ask $400,000. Agreed. So, a seller should ask market price and be expecting to negotiate down from there. Both sides of the trade are going to tug to capture that commission margin. Compromise and it'll work.
You gain nothing by buying from an individual owner however the owner gains a lot. This is not true. With the seller not having to pay one or more agents, there is much more negotiating room. I have experienced this more than once on both buy and sell side. It also means that you know, whichever side you're on, what is being communicated to the other person because you are the one speaking for yourself.
From comment #95
The house undercuts the fools that hired realtors... --This is an unfair and inaccurate statement. Almost nothing is equal in real estate transactions including the particulars of the owners or buyers. I like to operate on my own when buying/selling RE but, it is not always possible. In 2017, I bought a house two states away from where I was living and there was no way I could have managed all the details w/o a local buy-side agent. TV has estate liquidation sales where the heirs don't even live in FL - so how are they supposed to do that w/o representation? I could list myriad other circumstance where using an agent, on either side, makes sense.
It's nonsensical and inappropriate to disparage other people for operating within their specific needs or circumstances.
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