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Updated almost 7 years ago,
Not using a realtor for simple all cash deals
Hey Everyone. What do you think about buying real estate without using a real estate agent? Especially for simple properties, I don’t think this is all that complex.
The trick is you need to get in to see the properties. You can ask the seller’s agent to show the property to you, but then would they ask for more than the 3 percent commission they usually get from the seller (since they did a big of extra work)?
I am planning to scale up buying properties to rent (using cash), and am not too keen on having an agent gobble up 3 percent when I haven’t found them to be hugely value-added (unlike the inspectors whom I swear by). I welcome your thoughts.