What’s better: a well-informed real estate agent or cheaper commission?
March 11th, 2010 by
We found a real estate agent who charges 5% commission to sell our home (2% for herself, 3% for buyer’s agent). Is that a good deal? She really knows the area, especially the townhouse community in which we live, so we figure that it’s better to have a real estate agent who knows the market and can get our house sold fast rather than trying to find someone else who charges less commission.
We want to know what you all think. Thanks!
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Go with the well informed agent – if he/she really is.
Well informed real estate agent. The commission is good! Our agent got/gets 7% commission!!!
I think realtors are the biggest rip. I found my house, my fiancing, and using mr. realtor, I learned how what not to do. Its definately americas big rip off. They do not earn their keep. I actually overheard a realtor trying to talk clients out of buying my house! The lsm is all you need, I wouldn’t pay for more than the paper transaction and that 2000 not counting taxes on house sale. Do it your self!
I think you have a great agent. Usually, they split 2.5% for seller agent and 2.5% for a buyer agent, so she already 0.5% cheaper. and to put the listing together and do all the negotiation, you need a good agent and it’s allot of work, so you got a bargain.Good Luck!
Well, agents just like lawyers and police officers and judges all have some bad reputation for something or someone that did something wrong.
So, I think that if you can do it yourself and you really know how to do it, more power to you and go ahead and do it yourself.
But if you are not sure of what you are doing hire a professional. When the plumbing in my bathroom broke, I did not try to do it myself, I hired a good plumber. After he did his work, I paid for his work and services so of course after you use a GOOD AND WELL INFORMED agent you should be happy to pay for his work and services. Nobody works for free, I dont see people complaining about lawyers being so damn expensive. They handle legal matters which are very important, good realtors handle the sale and purchase of a home which is the biggest investment of your life