re: The home selling realtor setup is unfair to sellers and buyers

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give the seller closing fees, don't take the price down. That cuts into teh commish.

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Don’t be ignorant, in many cases the buyers need help with cash for closing costs since they are using a large amount of cash for the down payment. Also as a realtor, if closing costs are $10,000, on a 3% commission thats about $300…..I couldn’t give 2 shits about $300 in the grand scheme of things and would never work a deal just for the sole reason of looking out for myself.

Maybe some of y’all should do better jobs interviewing agents and these problems wouldn’t happen.

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We just went through that process. Slimey all the way. I distrust realtors tremendously and for good reason. They wan to churn and burn and 5pct less on my house is nothing to them if it sells faster.

Also they know all the tricks - give the seller closing fees, don't take the price down. That cuts into teh commish.

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They also work with appraisers...surprisingly homes are always appraised almost exactly what the offer is. I have seen this in action twice...appraiser met the realtor in our presence. Appraiser asks realtor what the offer was and both times says something along the lines of "what do you know....exactly what the appraisal is" after being in the house maybe 10 minutes and only making small talk.

Have had the opposite happen with FSBO homes we have sold. Had one with a 3000 square foot shot with 18 foot ceilings and a three phase service on a major road with a private entrance with commercial properties on either side. I was renting the shop to an oil field service company for $5000 a month. Had an offer from an individual for $785K for the house and the shop. The appraisal came back at less than $600K and had no value for the shop whatsoever. Appraiser claimed the shop had no value because it was on the same 6 acre parcel that the house was on but allowed $15K for it. Buyer was all in at $785K. Buyer tried to come up with a proper appraisal to no avail. Got a cash offer from the oil field company for the entire property for $900k and sold it to them...had we been stuck with realtors we would have most likely left more than $300K on the table...

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Slimey all the way. I distrust realtors tremendously and for good reason.

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Lawyers may get a bad rap, but realtors are the worst. How can a realtor represent both the seller (who is trying to sell the home for as much as possible) and the buyer (who is trying to buy the home for a little as possible.)? Makes zero sense to me. Total conflict of interest.