Re: Why do you still need an agent to buy a home?

Re: Why do you still need an agent to buy a home?

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 Re: Why do you still need an agent to buy a home? Steve Horrillo Reply Send to a Friend   Print
 
Subject Author Date
Why do you still need an agent to buy a home? Grover C. McCoury III 06-16-2005

On 26-Jun-2005, "Don" <dwzimm@telus.net> wrote:

> Another strategy that can work if you already know a potential buyer:
> Split
> the savings in commission down the middle. If, say, an agent's commission
> would normally be $10,000, offer it to a buyer for $5000 less than what
> you
> would otherwise demand. I did this in 1998, and it worked fine.

The listing agent should already have a contract with the seller for 6%. Why
would the Agent settle for half? Keep in mind it's the buyer's agent that
does most of the work leading up to the closing. Unless the house was
grossly over priced and they weren't getting any action. Chances are you WAY
overpaid for that house.

Warmest regards,

Steve Horrillo, Realtor / CEO / C.Ht.
http://BrokerAgenTraining.com(Advanced Training for Real Estate
Professionals)
http://over100percent.com(See How to Earn Over 100 Percent at EXIT Realty)
http::/HipFSBO.com (Find a FSBO Friendly Real Estate Professional)



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