This is an opportunity to confirm they have the expertise you need.

I share this because I always find it bizarre to read comments from people speaking about something they have no expertise on/experience with.

And the elite Realtors that might have some angles to help you will want some type of agreement in place so that they get their reward guaranteed....

and think about the advantage you would have over the other Allan Kapoors wanting to do everything from Internet if you're building relationships and developing expertise in person.and no, those numbers don't seem safe / conservative enough. 

If you're not licensed in an area and your advice is outside your expertise, you can put your license at risk. 

It will only get worse.Hard pass unless he brings an extremely narrow expertise.

Yes it is just specualtion, but if you are basing your future on guaranteed appreciation, imagine having that huge amount to pay every month and NOT having the appreciation to reward you at the end.

In the end, every experience is very rewarding.

You have a great shot at compounding rewards, and even if you buy at a bad time, the next purchase, and the one after that, will take advantage of lower prices in a system that can't help but make you rich over time. 

They identified the opportunity and facilitated the negotiations, using their market expertise and strong connections.