Paying the Real Estate Agent

Even though I have had a Real Estate license for over twenty five years, I have hired Real Estate agents to buy, and sell properties. The commissions never bothered me because from my point of view agents work hard for the money. The trick is to find an agent who knows what to do, and is willing to work with me. People with a Real Estate license or who have had a Real Estate license are notoriously hard to work with, and that would be me.

I’m going to leave the commission debate, or who gives you the biggest rebate, for all the thousands of other posts on the internet. Let’s just talk about what you pay for. You pay to get the best deal, and a property that is in your best interest to own. I pay the agent so I can step back from the transactions and actually see what I’m doing. I have gotten caught more than once by being focused on the person in front of me.

An agent gives you perspective, and at least a second pair of eyes. The quality of those eyes is where the whole debate starts. I look for some one who has experience. They need to have a proven track record, and for me, they need to know what the heck they are talking about. They need to have a point of view that’s viable.

I pay the agent to know the market place and what direction it’s going. They need to know property, and the community the property is in. I don’t go outside of a six mile radius, and have several areas in that radius I don’t go, so the agent needs to know my area. They also need to be able to communicate with me. Ultimately what we are all paying for is service, knowledge, expertise, and the ability to perform.

About David Losh

My first job in 1969 was painting some car ports on Magnolia. $225 was a lot of money for a kid in those days and I never looked back. Since then I have taken apart and put back together hundreds of places and worked on thousands.
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