The only reason I used a buyer agent was because the home was listed by an agency. I once had a buyer's agent that got angry with me when I bought a For Sale By Owner house (that she didn't find or show), so I didn't use her to in any part of the deal, and we didn't have contract between us.
I have never had a good experience selling with an agent. Maybe just me.
There is too much regulation and insider activity with other “in” agents and clients.
Eventually, the government will just tell you where to live.
The new changes could prompt more buyers to go without hiring an agent at all. That would mark a departure from current practice, with more than 90 percent of buyers and sellers working with an agent, according to the NAR.
If they do opt for an agent, buyers might vet several candidates first to compare services and costs, since they have flexibility to negotiate the agent’s commission. But they should also remember they probably won’t know in advance of making an offer whether the seller will pay the commission of the buyer’s agent — so that payment is likely to become part of purchase negotiations, Luong said.
1. Good luck going FSBO. You do all the work, even though you already have a job.
2. Commissions? You will pay them and nothing changes
3. See point #1
Using a real estate agent is one of the biggest rip offs ever!
Some of these people expect tens of thousands for taking some pics, listing a home on the Internet and doing some paper work. Many times the home is sold in a week or so, and these people collect $20,000, $35,000 and much more depending on the sales price. For many agents, all they do do is collect listings and sit around and wait to collect big bucks!
I smell BlackRock.
I can’t imagine buying or selling without an agent. The agent is the one who goes to the various classes and learns everything about real estate. The agent is the one who can hook me up with property inspectors, repairmen, and so forth. The agent helps to provide the proper documentation to the lender. Those kinds of service are invaluable, especially if (as I have done several times) I am buying a home in another state.
I don’t want to have to take a real estate law course just to buy or sell my own house.
I sold my home via Zillow. Very easy and saved $10k in Commissions.
I have always gone directly to the listing agent, never lost out on a house - they want you to come directly so they don’t have to split commissions