You say, to work with me I want you to take a rebate.
The EXPERIENCED a?through?nd good agents hear. ?I want a discount.
The NEW and UNEXPERIENCED agents hear, low ball the experts and I will work with you.
The Experienced agents move onto what they are doing because they are busy and don't need you.
Then new agent crosses his fingers and cracks his wish bone from Thursdays turkey just hoping that you pick him, because he REALLY needs you.
You go with the experienced agent even though you thought you wanted a deal. ?The agent negotiates a fair deal for you, and even gets the seller to repair a few of the things that come up in the inspection. ?THE SELLER PAYS HIM his $11,550 (thats' right he ended up getting you the house for $385,000 not $400,000), he buys you a nice bottle of wine and a new set of knifes.
You go with the inexperienced agent. ?He tried his hardest to get what you want for a price, but he really doesn't want to lose this sale, so instead he spends more time selling you on why you should except the counter of $395,500 than selling the listing agent on why his home is over priced. ?He almost forgets the inspection, until at the last minute his broker asked "where is the inspection report?" so he scrambles to find an inspector, lucky for you he found one, at the bar he goes to for Thursday trivia, just his luck!!!! ?So inspector bud does his thing and charges you $150 for his service and time. ?GREAT the inspection showed nothing is wrong with the house!!!!! ?This is like a dream! ?The deal closes and he gets his $8,662.50 (way to go, you got him to do this deal for 1.75%! ?He goes on his way and sends you a Thank You note two weeks later. ?About the same time as that thank you note is arriving, the dream ends (for you at least), the duct tape job on that water pipe, sure it held through the close, but it just burst and now you are looking at having to replace your hardwood floor that you loved so much, it is almost solely why you bought the house. ?Sure your insurance covers it, but just then you remember that you are savvy and save money at every cost, so you went (which I actually agree 100% with) with the 1% deductible on your house... That $3000 or so you saved by going to 1.75% just cost you $1000, and that is just for the floor. ?Think about having to get the mildew out of the walls..... ?
That is why you use a professional. ?Professionals are paid what we are for a reason. ?This is a major purchase, with even bigger consequences if you aren't properly represented. ?Why would you consider working with someone that will be so overly eager to get your business? ?Don't you think its fishy that they are so eager to work for half pay? ?You get half the experience and service. ?Just expect that. ?AND don't think that you can say to yourself. ?Karl's wrong, some top Realtor will take me, I know it, they aren't that dumb, I am handing them free money. ?YOU ARE WRONG. ?Top and midlevel agents that are good at what they don't don't have time for working for half pay. ?And if you want a deal now, once the process starts, who is to say you won't want more and more?
Have a great day and good luck in your search!
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