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So we can all take an online real estate course and do what the buyer's agent does, right?

Posted on 3/20/24 at 7:08 pm
Posted by Thundercles
Mars
Member since Sep 2010
5031 posts
Posted on 3/20/24 at 7:08 pm
All I see are real estate agents trying to smugly warn about how much worse it's going to make life for buyers because now they have to pay their agents. But we have the internet, and the only even remotely proprietary knowledge is the stuff that's in Real Estate for Dummies I assume?

Learn the basic steps of real estate contracts and escrow and then where to send the documents and roll credits?
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
62861 posts
Posted on 3/20/24 at 7:11 pm to
I'm sure like everything else it's hard to be a great real estate agent, but based on the people we all know who do it, it ain't hard to make a living at it.
Posted by el Gaucho
He/They
Member since Dec 2010
52925 posts
Posted on 3/20/24 at 7:14 pm to
If you don’t think realtors deserve their fair share of the transaction you must hate women and lgbt people
Posted by funnystuff
Member since Nov 2012
8324 posts
Posted on 3/20/24 at 7:15 pm to
89% of US homebuyers use a buyer agent

The average for developed nations is 30%

In the Netherlands, it’s 20%

In the UK, it’s below 5%




We’ll be fine
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64147 posts
Posted on 3/20/24 at 7:15 pm to
Posted by BabyTac
Austin, TX
Member since Jun 2008
12073 posts
Posted on 3/20/24 at 7:19 pm to
Real estate agents are worthless
Posted by Thundercles
Mars
Member since Sep 2010
5031 posts
Posted on 3/20/24 at 7:23 pm to
quote:

89% of US homebuyers use a buyer agent

The average for developed nations is 30%

In the Netherlands, it’s 20%

In the UK, it’s below 5%

I had no idea it was this skewed. Almost like US realtors colluded to force buyers to use them when the preference would be to bypass them.
Posted by el Gaucho
He/They
Member since Dec 2010
52925 posts
Posted on 3/20/24 at 7:25 pm to
Can’t believe y’all are comparing the land of the free to third world shitholes


We do things better here
Posted by Clark W Griswold
THE USA
Member since Sep 2012
10506 posts
Posted on 3/20/24 at 7:25 pm to
I’ve sold a few houses without a realtor and used my mortgage broker to file all my paperwork because she was a realtor. It’s not hard. As long as you can negotiate price, understand the forms, and agree to terms it’s not hard.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167133 posts
Posted on 3/20/24 at 7:26 pm to
quote:

because now they have to pay their agents.


No they don't. Technology will quickly replace buyer agents
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59603 posts
Posted on 3/20/24 at 7:57 pm to
I kinda do.
Posted by Booyow
Member since Mar 2010
3991 posts
Posted on 3/20/24 at 8:08 pm to
quote:

I’ve sold a few houses without a realtor


quote:

used my mortgage broker to file all my paperwork because she was a realtor


Tha frick you say?
Posted by CHGAR
Haile, LA
Member since Aug 2022
563 posts
Posted on 3/20/24 at 8:09 pm to
Speaking of useless, what about mortgage loan originators? I'm sure they have a fancy title by now but someone please tell me the value of this.
Posted by Sofaking2
Member since Apr 2023
3666 posts
Posted on 3/20/24 at 8:12 pm to
quote:

I’ve sold a few houses without a realtor and used my mortgage broker to file all my paperwork because she was a realtor. It’s not hard. As long as you can negotiate price, understand the forms, and agree to terms it’s not hard.

I’m not giving a realtor 5-6% especially when it isn’t that difficult to do.
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