Quote:
Originally Posted by retiredguy123
LOL. I don't need a lawyer to review the contract. There is no way I would ever sign it. The real estate agent may be handcuffed, but I'm not.
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Agreed. Plus I also say "ignore the realtors". Seriously, sellers ... offer for sale by owner. There are websites that easily facilitate this. And, even if you are not tech savvy, there are services that will help you by taking photos and posting your information. Yes, you will pay them but NOT a percentage of the sale price. Both you and the buyer will save money. Standard contracts are available regarding inspections, etc. All you really need is the title company to do the paperwork & closing. Optional warranties can still be offered by the seller. Realtors are way over paid. And, there is no reason that their compensation should ever have been a percentage of the sale price. The work to sell a $300,000 property and a $700,000 property is the same.
Think of it as a dating service. You don't need a third party in order to meet each other. And you certainly don't need to pay a third party when you finally decide to have sex (consummate the deal).