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Updated almost 10 years ago on . Most recent reply

User Stats

126
Posts
16
Votes
Georges A.
  • Rental Property Investor
  • Barcelona, Spain
16
Votes |
126
Posts

Skip the Buyer's agent?

Georges A.
  • Rental Property Investor
  • Barcelona, Spain
Posted

I just received an advice from a friend that says: "The market is too hot, ditch your buyer's agent. Just get a RE attorney to make sure your offer is safe and go to the open houses yourself informing the seller's agent that you're a private buyer not represented by an agent. All the info you need is out there (mls) and run the comps yourself. That will give you a competitive advantage as the seller's agent would probably favor you"

Not the most ethical advice I would say but thought I'll throw it out there and see what the pros think about it.

I have a really good realtor that provides me with a lot of security, info, and works tirelessly to educate me on the process, but I could not help about think about it for a second.

Most Popular Reply

User Stats

399
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300
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Gualter Amarelo
  • Investor
  • Fall River, MA
300
Votes |
399
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Gualter Amarelo
  • Investor
  • Fall River, MA
Replied

This is possibly the WORST ADVICE EVER!!

Always use a Realtor for the following reasons:

1.) They are FREE to the buyer

2.)They do ALL of the leg work so you can crunch numbers and be the investor

3.)They are so much more knowlegable because they do this every day

Get a good realtor, get 10! BUT NEVER GO IT ALONE!

Unless your selling, then they are too expensive and you can figure that part out on your own! LOL

Cheers!

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