Excaliber wrote: Bitter Clinger wrote: Excaliber wrote: Bitter Clinger wrote:
twomillenium wrote:That is why you use a good Realtor.
And that is an oxymoron.
In my experience, that's not true unless you just walk into a real estate office and ask for any agent.
You need to qualify an agent in the same manner as you would an attorney. If you do that, you will very likely have a very satisfactory buying or selling experience.
Don't ask me how I learned this or how many times I did it the wrong way before I got it figured out.
They create NO value. They profit off the transaction and are highly overcompensated. Most cannot count to twenty without taking off their shoes.
If you're selling a home that is in a hot market where they're sold in a couple of days, often at above asking price, I would agree they add little value. However, in a competitive market, they make a very real difference in how long it takes to sell and even whether you sell at all.
For avoiding those who need their toes to count, see my post above. The million dollar plus a year sellers are no fools.
The realtor I have used in my last two moves was fantastic. She came out to the houses, assessed what minimally needed to be done in terms of repairs to get them ready to be put on the market to make it pop (things like new carpet and painting rather than bathroom/kitchen upgrades) provided staging, had an EXCELLENT photographer, listed well and walked us through all of the issues that we encountered (buyers on FHA with down payment assistance making a really aggressive offer etc.). On the buying front she KNEW the market and helped us negotiate a really good deal on the home we bought.
I've recommended her to several people and have heard stories from them about how she worked HARD for them regardless of what the commission was going to be.
In February, she sold $2.2M of homes, and in June it was something like $5.6M. She was worth every penny we paid her.