What is the benefit of using a Realtor?

Are you the same guy that got divorced and signed the papers his ex's attorney told him to? 1 - The listing agent has a fiduciary duty to do the best he can for the seller. He's not being mean to you, he's supposed to do it. 2 - The seller is paying a set percentage in Realtor fees to get the house sold. If there's just one Realtor, he makes twice as much. If there's two Realtors, there's a split. The Realtors know this and expect it. 3 - The Realtor representing you will know about the houses before they go onto Realtor.com or other online house hunting sites. The best deals are under contract that day. 4 - The Realtor representing you does understand the market and what kinds of negotiating work and what doesn't. So, for FREE, you'll probably get a better deal than if you go out and find it yourself and call the listing agent.

If this is your first transaction you should the services of a realtor (buyer's agent). Once you are familar with the process you can retain the services of an attorney. It is really a win-win situation-they don't cost you a thing to have a buyer's agent working with you.

I can understand why some people use realtors, for example when they can not be present for the dealings, but why the market allows them such a high percentage of the sale as a commission I can't understand! I can't speak for the world but my experience has been realtors guarantee nothing except having to share profit. Without realtors everything was better.

It is not the Realtor that lowers the price - it is the BUYER! Don't tell me that you would put in an offer and not negotiate the selling price? - ex: 100,000K - offer - 85K - then the Realtor takes the offer to the seller and tries to negotiate. The purpose of a Real Estate Agent - is to make money - yours when you buy, (he gets a fee) and again when you sell (he gets a fee) these fees range anywhere from 2-5% of the selling price. If you are buying, it is better to look for homes being sold by the owner, without a Real Estate Agent - they are consistently cheaper - and a good lawyer (for the buyer) will see that all is Legal. Look for a lawyer that specializes in Real Estate Law and Transactions. Good Luck, and Save Your Money!

Having licensed representation can save you a lot of headache and protect you against fraud. There are very specific documents that need to be completed to insure your protection. In addition, they know how to position your offer for acceptance.

1. If there is a lawsuit, most likely you can hide behind the fact that you had professional representation. 2. It's easier to ask for a better deal for someone else than it is for yourself, it's true. 3. If you are really smart, find the property and let the listing agent handle the whole thing for you. They know the seller best and can get you the best deal.

Realtors are professionals who adhere to a much stricter code of ethics than agents do. They must take Continuing Education classes each year in order to keep their MLS usage. Realtors can advertise on MLS which is really the best possible way of selling realty. Realtors help save you money in the long run. Their knowledge is invaluable to a new buyer.

they represent what you want and make the offer for you and can get you through all the paperwork

If you already have found the property that you want you really do not need a buyers agent. If you are competant enough to find the property you are confedent enough to negotiate price and even if she saves a little I doubt that it will make up the difference in her commision. But if you haven't found the property a buyers agent is great as they have access to all listings in one place.