Quote:
Originally Posted by mots
So in example, if he has a house listed for $650K, he knows he wont take less then $600K. So he can either give the $600K price to you, or if you use a realtor, he will sell to you for $615K, as he has to pay $15K to the realtor, so he is still only walking away with $600.
So if that truly is the case, they are being honest.
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I can tell you from experience this example is very rarely the case.
The developer isn't gonna just tell the buyer his bottom line and offer you the house for $600K.
The developer would try to convince the buyer they're saving money by not using a Realtor and that buyer would end up paying around $630K for the house thinking they've saved $30K, when they agent may have helped them pay $615K.
Im sure there are people, who are confident to negotiate on their own and do a great job, but getting a lower price without an agent is by far the exception.