Quote:
Originally Posted by nhd
As a real estate agent I have to disagree with the second line here. I always recommend my buyer's with three different inspectors. It is up to them to decide who to use. Also if I am working as a buyer's agent I am working for the buyer and if the deal sours I am still working with the buyer and we would continue to look for a house. If I am the seller agent and I know there is something wrong I have to disclose it. If the deal sours due to something in an inspection report it will be known to the next buyer. Also it is up to the buyer to whether or not they want to share the inspection report with the seller. Not all real estate agents are bad.....
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The reality is every person involved is sucking money away from the seller. A lot of conflicts are involved and you don't always know who's aligned. My wife works in the mortage lending department of a medium sized bank. She'll tell you first hand that most brokers are more concerned about the commission line than any other part of the documents.
I'm not saying RE agents are bad but the model for their usefulness has not caught up with the times of an internet savvy consumer. 6% commission, even when divided down, are not justified on most homes. Maybe RE agents and the music labels should get together and learn to adjust their business models with the times.
I'll never use an agent again as all they've done is cost me money......
02-10-2011, 05:03 PM
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