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you really need to read up a bit.
1) realtors can be expensive. they have a set structure. Just ask around, I dont' have the numbers with me
2) a GOOD buyer / Seller will respect the realtor and pay accordingly. they are trying to make a living driving you around to look at places or advertizing for you, it works both ways.
I'll give you the Pros.
- They know their shit.
the house has cracks, faulty walls etc. Sometimes a realtor will straight out tell you the house you want is shit and refer you to a new one OR tell you the house was a previous grow OP or previous owner had a pet and the carpet is shit or the tenant was crap. all in all, saves you time.
- hidden FYI
if you buy a townhouse / apartment and wonder why property mgmt fees will go up in 2 months, or they purpose pipes needs fixing? well, Agents will read the minutes they get and tell you, Hey, they plan to put in pipes which will cost owners 4000 next yr, or there's a lot of theft in this area. etc.
-You find out 2 months later you aren't allow to rent, well, it says stata limitations = you have to get in line until you get your turn. notified, eg// no rentals, no pets, no bbq on deck. it's what you pay the realtor for, their value add, the schools here suck etc....
-inside scoop.
how do people get an offer in when the property JUST showed up, well, they have access and it shows it was JUST listed, if you have a good relator, he'll tell you, You NEED to check this out asap.
trust me, 2 of my properties I was the first one to look at the place and made an offer way before it was online to the public.
Sellers
-paid advertizing.
it works much better than putting a for sales sign.
-market price. your house is worth 500k, there's no point putting it up at 600K, it simply wont' sell.
LISTEN to the relator, you can put your apartment at 480k BUT you can have like 15 offers people bidding over your hot apartment and end up selling at 520K.
Just cause you list it at 550 doesn't mean you will get 550k. 9 / 10 people put up 550 and then puts it down to 520k later.
- listen to your relator and ask for honest advice.
Hm, why do i only have 2 people looking? well, maybe you have pets in your house, you have crappy carpets? or your daughter's room smells like BC bud.
LISTEN to what htey have to say
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