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Ways to skirt a realator when buying?

Posted on 8/3/18 at 6:33 am
Posted by PortHudsonPlaya
Houston
Member since Jul 2017
3170 posts
Posted on 8/3/18 at 6:33 am
With all the online resources now, why do realators get 6%??? I’m basically finding all the houses I want to look at or would be interested in. What do they do?

How do you bypass that process when buying? Go directly to the bank and title company?
This post was edited on 8/3/18 at 6:34 am
Posted by SavageTheTiger
Member since Jun 2018
60 posts
Posted on 8/3/18 at 6:35 am to
Because they passed their 3rd grade spelling class
Posted by Monday
Prairieville
Member since Mar 2013
5001 posts
Posted on 8/3/18 at 6:35 am to
Who else is going to unlock the door for you?
Posted by Proximo
Member since Aug 2011
15468 posts
Posted on 8/3/18 at 6:37 am to
Did you even check with the bank to make sure you’re approved
Posted by Volvagia
Fort Worth
Member since Mar 2006
51893 posts
Posted on 8/3/18 at 6:37 am to
quote:


With all the online resources now, why do realators get 6%??? I’m basically finding all the houses I want to look at or would be interested in. What do they do?


For one:

Post the listing on those online resources and made sure the pictures were appealing enough to draw you in.

And the buyer isn’t the one paying them.
This post was edited on 8/3/18 at 6:55 am
Posted by Boss
Member since Dec 2007
1199 posts
Posted on 8/3/18 at 6:38 am to
Selling and buying. Sucks for our realtor. On call 24 hours. Has to be middleman between clashing personalities. Helps manages all parts of the deal. Helps stage house and create an upfront punchlist of itema inspectors might catch. It seems like a royal pain in the arse.

Realtors definitely provide a valuable service.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18895 posts
Posted on 8/3/18 at 6:39 am to
You can make a deal directly with the sellers agent BUT they are legally obligated to protect their clients interests first. You won’t have anyone watching out for you.*



*Thats what the realtors on here will say. IMO, the realtors are watching out for themselves first anyway and are as likely to screw you as help you. I didn’t have a realtor on the last three home purchases and sales. Two went smoothly, one got all fricked up by an unethical realtor who was pulling a bunch of shenanigans and I only caught her at the very end.
Posted by StringedInstruments
Member since Oct 2013
18330 posts
Posted on 8/3/18 at 6:42 am to
Realtors can help if you're new to the area, but in my experience, everything can be handled online and through a competent attorney.
Posted by ItNeverRains
37069
Member since Oct 2007
25397 posts
Posted on 8/3/18 at 6:42 am to
quote:

With all the online resources now, why do realators get 6%??? I’m basically finding all the houses I want to look at or would be interested in. What do they do?

How do you bypass that process when buying? Go directly to the bank and title company?


Good news. The seller has contractually agreed to pay the commission to the listing agent on the houses you are seeing. Appraised value has nothing to do with that agreement so it’s not costing you money. The seller prefers to not show or negotiate with potential buyers directly for a myriad of reasons, which is within their rights to do.

If it were me with the questions you are asking I’d hire my own realtor and they can split that commission and answer all these questions and hold your hand along the way. The contract between the seller and the agent is done.

Good luck!
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65528 posts
Posted on 8/3/18 at 6:43 am to
quote:

Ways to skirt a realator when buying?
I’d rather unskirt her.

Pay the fricking commission cheapskate.

You have proven over and over again you certainly belong in Port Gibson not Port Hudson and you are not a “playa”.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30543 posts
Posted on 8/3/18 at 6:45 am to
You’re buying, you don’t pay the realtor
Posted by East Coast Band
Member since Nov 2010
62729 posts
Posted on 8/3/18 at 6:46 am to
quote:

realator

I hate it when I alator, but when I re alator, I feel even worse.

BUT, to answer your questions about realtors, they earn their pay by taking a bunch of pictures of a home and uploading them to a website, and getting their husband to hammer a "for sale" sign into the ground.
Posted by whit
Baton Rouge
Member since Sep 2010
10998 posts
Posted on 8/3/18 at 6:46 am to
do you plan on paying the realtor as a buyer?
Posted by lsu13lsu
Member since Jan 2008
11474 posts
Posted on 8/3/18 at 6:53 am to
Who is paying 6% these days?
Posted by deltaland
Member since Mar 2011
90498 posts
Posted on 8/3/18 at 6:53 am to
You could pay cash to the owner I suppose
Posted by pistolpete23
In the present
Member since Dec 2007
7122 posts
Posted on 8/3/18 at 7:08 am to
quote:

Buyer doesn’t pay the realtor the 6%
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58305 posts
Posted on 8/3/18 at 7:13 am to
quote:

realator



6/10
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65617 posts
Posted on 8/3/18 at 7:14 am to
A buyer's agent isn't paid for by the buyer.
quote:

Go directly to the bank and title company


Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
30357 posts
Posted on 8/3/18 at 7:32 am to
Also, the 6% is typically 3% for the listing agent and 3% for the buyer's agent.
Posted by lnomm34
Louisiana
Member since Oct 2009
12604 posts
Posted on 8/3/18 at 7:36 am to
quote:

realators


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