Quote:
Originally Posted by DementedReality
again and with all due respect to the hard working professionals in the industry, the system is gamed to make it difficult to work without a realtor.
for example, as a seller i have to pay a buying commision, even if the buyer doesnt bring one, it just means the seller gets both ends of it.
can you image if your client tried to negotiate this with their selling agent, the answer would be a blank look and a "thats not how it works".
as for knowing of common problems in a building or other industry inside information, why cant i pay a realtor a consulting fee to advise me once i have found my property?
in the process i am going through to buy a property, i just feel that i could do a much better job of negotiating instead of playing the telephone game where i tell my realtor, she tells the other parties realtor and then they reply through their realtor to my realtor and back and forth we go.
its a stupid system really. i should be able to at least negotiate directly with the other realtor, but that would be "frowned" upon in the real estate system of business.
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Out of interest, that's how it works here. When I bought my home, the only realtor involved was the seller's realtor, who gets paid by the seller to represent his/her interests (usually about 2.5% commission, for the record). If I wanted to, I could have paid a buyer's agent to assist me, but I was comfortable with what I wanted, where I wanted it, and the market values. It's not hard to look for what you want these days, and even actual sale prices are available.