Quote:
Originally Posted by Hemi-Cuda
You're giving the buying realtors way too much credit here, we did try going through them the first time we listed our condo and went looking at houses, but they only wanted to show us "their" houses, and got annoyed when we brought them our own list to look through. They also insisted that we would only be able to knock a few thousand off of asking price since the market was "so hot" (we ended up buying for $40k below asking). They seemed pretty useless which is what got us to go the next round by ourselves. Also the selling agent didn't "double end" the commission, they ended up giving the sellers a reduced fee because they didn't have to split the commission, which is why we we able to get a decent discount
I also had our own inspection done on the house prior to signing off so I was quite confident we weren't getting a raw deal. Also had separate lawyers do up the paperwork (that part is law), so no issue with zoning or renovation permits. I honestly don't see the purpose of going through a separate realtor to buy if you're capable of doing your own research, the realtor isn't going to go out of their way to look out for you. They're just interested in earning the most commission, the same as the selling side
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Sounds like you just hired a really bad realtor, so I can see why you went how you did.
That bolded statement makes no sense.
Earning the most commission and looking out for your clients is inseparable. 90%+ of any top agents clients come from repeat or referral business; looking out for your clients is the most lucrative thing you do.