How did you find your real estate agent??

posted 3 years ago in Home
  • poll: How did you meet your real estate agent?
    Family/Friend : (17 votes)
    59 %
    Called a brokerage : (1 votes)
    3 %
    Received something in the mail from them : (0 votes)
    Open House : (5 votes)
    17 %
    Other - please explain : (6 votes)
    21 %
  • Post # 3
    Member
    232 posts
    Helper bee
    • Wedding: November 2013

    Replying to follow.

    Post # 4
    Member
    10487 posts
    Sugar Beekeeper
    • Wedding: January 2011

    There was a RE blog I read by a small brokerage.  It gave so much information abou the local market!  We called them up, along with a referral to interview them, along with less formal interviews by a computer-based matching service and open houses (we’re impressed).  We decided to go with the person the small brokerage connected us with.

    Post # 7
    Member
    140 posts
    Blushing bee

    @Shanna777:  We schedule our tours with Redfin – we’ve met probably 3 different touring agents with Redfin and liked them all. We’ve also used their agents to put in offers (unfortunately none has panned out due to this competitive market).  I’d suggest going to one of Redfin’s free house-buying classes if you haven’t done so. Really informative and can help you get an idea of the Redfin process and if that’s the route you want to take vs the traditional real estate agency/broker route. Good luck!

     

    Post # 8
    Member
    820 posts
    Busy bee
    • Wedding: June 2014

    Our realtor was a customer my mom had for years at her work. She was awesome. I couldn’t have asked for a better realtor. We weren’t really sure in the beginning, but after looking at houses a few times we got comfortable. She was very personable, friendly, and has been doing real estate for over 20 years. There is nothing bad I could say about her. We put in one offer on our dream house and had a very difficult process with certain things not related to her in any way, but because of her expertise it is now ours. We get keys in a few weeks and I can’t wait To move in. It does make the process a bit easier when you have a realtor that cares so much about her clients and just wants the best for them. Good Luck!

    Post # 9
    Member
    252 posts
    Helper bee
    • Wedding: January 2013

    I JUST bought a home. I have one piece of advice. DON’T USE A BUYERS AGENT.

    Research homes, and make appointments yourselves. 

    The agent for the selelrs can be your agent too!. It’s called a dual-agent. You sign a contract and they are BOUND to work equally for both YOU and the seller and to be fair and just.

    It will save you money in buying process.

    I was skeptical doing this, also. I lost many a night being nervous I would get screwed. In the end, we saved about 3k doing so, and so happy we did. If you need more advice, msg me anytime. 

     

    Post # 10
    Member
    10487 posts
    Sugar Beekeeper
    • Wedding: January 2011

    @RedRose1979:  That wouldn’t save you money here.  The realtor would just make 2x the commission.

    Post # 11
    Member
    252 posts
    Helper bee
    • Wedding: January 2013

    @AB Bride:   Not true at all. You pay for it in the end.

     

    I’ll give you example. 

    House is $100.

    You use a buyers agent.

    Right off the bat, the selling agent knows he has to split him commission, he is more likely to try to get the sellers to sell their house for MORE to make a bigger commision.

    You end up buying it for $100.

    Sellers agent half commision, only 1.5 % .. so $1.50.

     

    Now let’s see a different way:

    House is $100.

    You don’t use an agent.

    Right off the bat, the selling agent knows you are a good bet. He will get ALL the commision so its in his BEST interest to get you to win the house. He encourages the buyer to take your bid!

    You end up getting the house for $80!

    The realtor gets the full 3% = 2.40.


    It’s in their best interest, commision wise, to have the sellers accept your offer. 

     

    Post # 12
    Member
    10487 posts
    Sugar Beekeeper
    • Wedding: January 2011

    @RedRose1979:  Are you saying it would encourage the seller to take my bid instead of someone else’s (higher) bid?  If so, I think that’s illegal here.

    Post # 13
    Member
    252 posts
    Helper bee
    • Wedding: January 2013

    @AB Bride:   Just offering some advice. It’s fairly well known that selling agents like working with un-represented buyers because they get a bigger  commision ( and the buyers get a good deal)

     

    I can’t speak for how ethical it is, but it’s just how it is. Its not something you can prove. Sellers just tend to be more agreeable, and easier going, and more willing to make a deal, when you don’t have a buyers agent that wants 1/2 their commission.

    Post # 14
    Member
    1400 posts
    Bumble bee
    • Wedding: June 2014

    We found our realtor at an open house, and he was AMAZING. It took us 10 months to find a house, and when we almost lost it, in addition to us raising our offer by $10K, he agreed to reduce his commission! It was in his own best interest,  because if we hadn’t gotten it we probably would have given up, but still. He took us to see almost 200 houses, and never pressured us to buy. He also taught real estate which we thought was a good sign, and in case you’re curious,  he worked tgrough Coldwell Banker.

    Also LOL because you have the same name as my best friend, and Sac is our hometown!

    Post # 15
    Member
    10487 posts
    Sugar Beekeeper
    • Wedding: January 2011

    @RedRose1979:  If it works from the buyer’s prespective you’re right.  It just sounds super sleazy of the realtor!

    Post # 16
    Member
    4511 posts
    Honey bee
    • Wedding: October 2011

    We haven’t actually formally started the process to sell our house, but we found one agent we really like by going to an open house (of a house similar to ours that we want to sell.) I imagine we will find a s different agent for when we want to buy our next house the same way. Two suggestions- don’t go with an agent who isn’t full time. And don’t just call the real estate agency and have them give you someone. Do your research! If they just pick one for you, chances are it won’t be someone good, bc the good people will actually be in demand!

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