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Updated 11 months ago on . Most recent reply

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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POLL: Pick 1 ---> Pay your Buyer's Agent or Go Directly to the Listing Agent.

James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted

If you haven't heard about the NAR Lawsuits and how the DOJ wants buyers to pay their own agents, google it before answering this question b/c we don't need your confused self all up in this thread talking all that bulljive.

How do you plan on buying your properties going forward?

--- Option A - You are going to pay a Buyer Agent out of your pocket.

--- Option B - You are going to go directly to the Listing Agent.

--- Option C - You've got another idea/plan of attack. Provide a comment explaining it.

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

I will pay my agent, even though I am a long term agent/broker/investor. 

If I buy in Cleveland I don't know the first thing about houses, locations, business, radon, or anything specific, standard, negotiable or really the 1st 2nd 3rd thing about Cleveland or Ohio real estate.  I expect you will keep me out of the trap houses and into someplace with decent renters, and a chance for appreciation.  I want you to tell me what is standard option and earnest money if you even use that in Ohio. 100 ways to get out of the contract.  I want you to be able to call your lawyer and ask for free answers, so I'm not paying $500 or $1000 per question.  I want you to tell me where the old lead smelters were, which parts of town are on the uptick and which ones are war zones.

I will depend on you to tell me where the best school district borders are and how to tap into all your trusted resources and advisors.  I'm not picking my inspector off of YELP, where all the reviewers used a guy one time, and really have NO clue if it was a softball inspection or the toughest one ever.   I want you to tell me which title companies are best, which attorney to use or not to use, and 100 or 1000 awesome pieces of advice.

Good and great service is expensive.

Bad service (self service) can be catastrophic.

I truly believe people work way way too hard for their money, to throw it away on self disservice.

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