this post was submitted on 20 Aug 2023
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Yeah, well, I have to disagree with you on this one.
A few years after I met my wife, we had to sell her apartment so we could move to another city together for jobs. We tried to be cheap and sell the place ourselves to save money. We teamed up with a lawyer that specialised on selling real estates privately. We had a few viewings, but people were hesitant to bidding. We got a lot of questions about why we didn't use an agent.
After a few weeks, we contacted a real estate agent, and sold the place after just one viewing for a better price even after paying the agent fee.
I think it is important to leave the job to professionals when selling thing with high risk and high value.
Yeah, I also like that the agent does all the paperwork and arranges things with the bank for everyone involved.
I agree with you for the most part but it also doesn't sit right with me that sometimes realtors can make several thousand dollars for practically no work. Or in other cases, you cannot even find one if your property valuebis low. The percentage aspect is detrimental to everyone but the realtor.