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Updated over 6 years ago,
Sellers agent - a need or a rip-off ?
Lately I have started to list my properties by myself. When saying by myself I mean either a flat fee service or using a realtor that his name is on the listing but my number and email are there and all communications are going to/through me.
I have stated 3% going to the buyers agent of course, but for some reason I feel like this kind of listings are slower (all though the mechanism is the same and the exposure is the same as if I had a sellers agent).
What led me to decide to do that was the feeing that a 3% for seller agent is going mainly to put it on the market with a lockbox and most of the job later would be of the buyers agents who actually going and showing etc.
Needles to say once there is a contract the communication is mainly with the title co and scheduling inspection/appraisal if needed and that’s it. I just couldn’t understand the sellers agent part.
Do you believe or think that buyers agents trying to avoid showing and dealing with direct seller? I’ve been told that a lot of them don’t want to “deal” with someone who might be emotionally invested in the transaction...
Thanks for your thoughts - great community