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re: National Association of Realtors agrees to end 6% commissions
Posted on 3/16/24 at 8:23 am to Crusty
Posted on 3/16/24 at 8:23 am to Crusty
quote:
I am not a fan of realtors at all. The idea that they can and are willing to negotiate better than I can/will is absurd.
I kinda view realtors the way I view sports agents. In theory, an athlete shouldn’t have a ton of issue negotiating their own contract. Just take it to an attorney afterwards to look it over and you should be good. Unfortunately, as I posted earlier, I think lots of people who are super competent want realtors gone but they don’t understand/account for how retarded the average guy is.
Not necessarily trying to carry water for realtors here, I just figure if you don’t need one, don’t hire one. If you want one, do hire one. Seems simple.
I would, however, agree that it would be bull crap if you were somehow legally required to use a realtor.
This post was edited on 3/16/24 at 8:26 am
1
Posted on 3/16/24 at 9:11 am to JiminyCricket
quote:
Not necessarily trying to carry water for realtors here, I just figure if you don’t need one, don’t hire one. If you want one, do hire one. Seems simple.
I think that’s the best part about this ruling. In the past there was realistically no way to avoid using agents if one was involved on the listing side. If you try to call to see a house but don’t have an agent the listing agent will either represent you or they’ll pass it off to someone in their group. There is basically no way to avoid spending the buyers agent fee which is ridiculous. If I like the house and hire an inspector to do a thorough inspection and the lending company performs an appraisal stating that I’m within comparable purchases then why am I paying an agent 2.5% just to essentially fill out a purchase agreement?
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