Posted October 19, 2009 - 08:42 by WC Porter
Real Estate and Housing
With all the tools and information available to home buyers—from real-estate websites to neighborhood pictures—are real-estate agents and their commissions really that necessary anymore? Couldn't we all just deal with each other when buying and selling our homes?
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Surely a real estate agent would want to get you the very best price for your home. After all, they earn commission. The more they sell it for, the more they make, right? Well, the popular book Freakonomics , which I'm reading and devouring right now, proves this is not the case.
Continue reading "Why you can't trust a real estate agent."
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Posted February 2, 2007 - 20:12 by Lynn Truong
Real Estate and Housing
My wife and I were house shopping and we decided to make an offer on a condo. We threw out a low-ball offer for the condo and, to our surprise, the seller's agent was very eager to work with us. He negotiated on our behalf with the seller, and basically came back and said that if we could raise our offer a little bit (but less than a competing offer) he would convince the seller to give it to us. Why would the seller's agent go so far for us?
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