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re: Comparable sales

Posted on 6/10/09 at 2:18 pm to
Posted by hen
past the point of no return
Member since Sep 2007
1751 posts
Posted on 6/10/09 at 2:18 pm to
quote:

what area?


Northshore. I have a comp report from two months ago, but it is missing a few more recent sales. I might just try to look those up individually.

quote:

why not work with an agent


Not really interested in paying someone 3% to find a house in an area that I know better than most agents. I also have some friends who are agents and willing to offer some free advice. However, I might consider using an agent if I look into any complicated transactions.

quote:

it cost you nothing


I am hoping to parlay the lack of a buyer's agent fee into a lower purchase price. And in that sense, an agent does cost something.
Posted by lsubandmom
Houston/Lafayette
Member since Oct 2007
902 posts
Posted on 6/10/09 at 2:59 pm to
Some buyer's agents do ask you to sign a contract agreeing to let them represent you on all sales including FSBOs. Most of us don't - you can still look at FSBOs on your own, but have a realtor that is going to have access to all listed properties and help you with things such as comparables. You may end up finding a better buy on a house that is listed than a FSBO. Don't overlook working with a realtor because you think you're saving money.

Hopefully you haven't missed the boat on the lowest interest rates - they have really popped up in the last 2 weeks.
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