The most prestigious law school admissions discussion board in the world.
|
 |
 
|
What's XO current wisdom on RE agents? Necessary or no?
Poast new message in this thread
Date: November 9th, 2025 6:37 AM Author: Cerebral pink juggernaut philosopher-king For buying I mean (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413777) |
 |
Date: November 9th, 2025 8:04 AM Author: Dashing Blue Water Buffalo Does Redfin still do a 50% kickback to you? That’s an option.
I don’t know, but I found that letting the selling agent double dip and not have an agent myself gave me a leg up. Just don’t sign anything with them saying you are the buyer’s agent. Getting the sellers agents to show you anything is hard, but possible especially if you are a lawyer and can afford it.
Next house I buy will be private party no agents.
|
|
Date: November 9th, 2025 8:12 AM Author: Walnut splenetic dingle berry Redfin never did a 50% kickback. It was a few grand on a million dollar house. Very small percent, but it wasn’t a fixed percent. It was some formula that they didn’t disclose. And they stopped doing it entirely. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413850) |
Date: November 9th, 2025 8:15 AM Author: Lime vibrant double fault giraffe Cartel is still extremely strong in my area (veddy veddy strong market) and the good agents (aka the ones who have the listings you want) won't put up with any jew tricks. Best I could do was sign up with a seller's agent for a place we thought we wanted, small discount for double agent, didn't buy that place anyway but then she did add value by getting us in on a private listing from within the cartel. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413853) |
|
Date: November 9th, 2025 8:17 AM Author: Walnut splenetic dingle berry It’s funny how xo tough guys think they can just do beat the cartel (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413857) |
|
Date: November 9th, 2025 9:05 AM Author: Lime vibrant double fault giraffe Just go in and say "here's my offer take it to the seller!" By law they have to do it! Ljl (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413892) |
|
Date: November 9th, 2025 10:20 AM Author: Mahogany Demanding Digit Ratio Roommate (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414001) |
|
Date: November 9th, 2025 10:50 AM Author: Walnut splenetic dingle berry (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414058) |
|
Date: November 9th, 2025 5:38 PM Author: Transparent box office windowlicker I have successfully gone around a recalcitrant agent directly to the seller (during a down market). Explaining fiduciary duties to an 80 IQ salesperson is a fool's errand. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414905) |
|
Date: November 9th, 2025 11:41 PM Author: chestnut base (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49415904) |
|
Date: November 10th, 2025 6:57 AM Author: fear-inspiring rehab toaster (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416370) |
|
Date: November 9th, 2025 9:04 AM Author: Swollen Shimmering Library My friend, I have a private listing for you, very good deal not available to anyone else, but you need to make an offer today! (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413891) |
|
Date: November 9th, 2025 9:07 AM Author: Lime vibrant double fault giraffe We're all Midwest white here so it's different, no jews allowed and CERTAINLY no muds. Realtors add huge value by ensuring no undesirables move in (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413894) |
|
Date: November 9th, 2025 4:51 PM Author: Irate Generalized Bond Feces Strong post moniker synergy (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414795) |
|
Date: November 9th, 2025 4:25 PM Author: Turquoise Legal Warrant Cumskin i've tried not using a buyer's agent a couple times every seller's agent just laughed in my face. best i could work out was a small (not even close to a buyer's agent commission) discount as well for double agent (which is the most kiked out scam ever). (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414741) |
|
Date: November 9th, 2025 11:36 PM Author: ultramarine effete half-breed degenerate What do you think the remedy is for this? Why can't this be fixed? Are there any states where it's not a scam? (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49415880) |
|
Date: November 9th, 2025 9:14 AM Author: Hilarious space indirect expression It depends on the situation. For years I was all about the using the seller's agent when buying investment properties. I have found that sometimes it makes sense to have a realtor that I work with make an initial approach, especially if the seller is unrepresented or I'm proposing some unusual deal. I work with a couple of them regularly who know what they're doing. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49413897) |
|
Date: November 9th, 2025 3:41 PM Author: brass lascivious church building depressive They have that phone app to open the lockboxes when you look at houses (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414672) |
|
Date: November 9th, 2025 3:54 PM Author: bat shit crazy stage famous landscape painting Be sure to tip the RE agent (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414690) |
|
Date: November 9th, 2025 11:41 PM Author: chestnut base (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49415909) |
|
Date: November 10th, 2025 6:38 AM Author: Insane mewling dopamine (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416353) |
|
Date: November 10th, 2025 10:39 AM Author: brass lascivious church building depressive I bought mine a bottle of Macallan 15 (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416741) |
|
Date: November 10th, 2025 10:45 AM Author: Walnut splenetic dingle berry i got a glenlivet 25 for my 180 goy realtor, not flame (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416747) |
|
Date: November 9th, 2025 4:01 PM Author: garnet heady gunner immigrant we used redfin agent several years ago to buy a house and it went fine. there was a refund of the buyers agent fee to us but can't remember how much. it may have been only $5k or so. if that is an option you can look into it. the redfin agent was not very helpful but we didn't need her to be beyond submitting the offer. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414704) |
|
Date: November 9th, 2025 4:08 PM Author: Walnut splenetic dingle berry as i said above, redfin ended the redfin rebate (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414712) |
|
Date: November 9th, 2025 4:19 PM Author: diverse gas station Oh it’s necessary, fag (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414731) |
|
Date: November 9th, 2025 4:50 PM Author: Irate Generalized Bond Feces It’s illegal in most states to not have one, they can take your property from yoh under an obscure part of the commerce clause if you don’t use a Realtor (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49414793) |
|
Date: November 9th, 2025 8:54 PM Author: razzle-dazzle bistre mexican I think it can be worth it in some circumstances, but in my experience most sellers and realtors are too dumb to understand that they're saving money by not having to pay a buyer's agent $30,000.
|
|
Date: November 10th, 2025 12:09 AM Author: Dashing Blue Water Buffalo Every contract I have seen says seller’s agent gets the buyers agent fee if buyer is not represented. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416016) |
|
Date: November 10th, 2025 12:32 AM Author: razzle-dazzle bistre mexican I think it varies by state - but my point sort of stands, that obviously there's an extra $30,000 here but the parties are too dumb / unwilling to let that money go to reduce the purchase price.
Nothing would stop the seller from telling their agent that's bullshit. |
|
Date: November 10th, 2025 6:17 AM Author: Walnut splenetic dingle berry The sellers agent knows exactly what he’s doing. He knows there’s an extra $30,000 for him to steal from the parties (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416334) |
|
Date: November 10th, 2025 6:32 AM Author: Medicated Opaque Mood I was able to get the buyer's agent fee on two houses. In both instances they were high dollar properties (compared to most of the rest of the market) that had been listed for a long time, and I came in way under list. The sellers agents were sick of their clients and wanted to get the houses sold, so they played ball. In both cases, I submitted offers specifying that buyers agent commission would go to me, and then worked contract amendments during the inspection period to reduce the purchase price by that amount instead to avoid the tax hit. Ended up making over 50% gain when I sold the first one. I don't think it will work in a hot market with multiple competing offers, but you can get insane value on stale listings where the seller was too slow to drop the price and now everyone is demoralized. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416348) |
|
Date: November 10th, 2025 6:52 AM Author: Walnut splenetic dingle berry csb. just do unrepresented buyer negotiating the tax consequences of clause 9.2 and 7.6 with some 103 IQ meathead seller's agent and his 95 IQ client. these meathead realtors just use the standard forms. (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416365) |
|
Date: November 10th, 2025 3:20 PM Author: Medicated Opaque Mood I didn't have a detailed discussion with them about tax consequences. I told them I was inclined to exercise the option based on the inspection and asked if we could move the numbers around to keep the deal going. First time was super easy. Second time was a massive pain in the ass but I still got it done in the end. You don't understand leverage at all. It's devastating if a house falls out of contract during inspection because future buyers will question it and lowball them even more, so they will play ball to avoid that. There is a blank on the standard form called "special provisions" where you write it in and then from there you just make sure the HUD is correct.
It's probably going to make u really mad to learn that I only paid .5% seller's agent commission when I sold, and 1.8% buyer's agent, so 2.3% total. |
|
Date: November 10th, 2025 3:23 PM Author: Walnut splenetic dingle berry i get what an inspection period is and i get that there are blank lines on the form for misc provisions. it's just very interesting that xo bros are all somehow fantasizing that their residental RE transactions w 103 iq meathead realtors are biglaw deals (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49417865) |
|
Date: November 10th, 2025 4:16 PM Author: Medicated Opaque Mood I'm just telling you what happened. In all, I avoided around $75k in cumulative commissions across 3 transactions (2 buys, 1 sell). (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49418028) |
|
Date: November 10th, 2025 7:01 AM Author: Erotic ruby sneaky criminal I pulled it off on my house (3% credit from what would have been for my realtor had I used one) (http://www.autoadmit.com/thread.php?thread_id=5795170&forum_id=2:#49416373) |