Submitted by Puzzleheaded-Bug7189 t3_y420ls in news
BaronCapdeville t1_isci7c8 wrote
Reply to comment by Literature-South in Real Estate Agents Caught on Camera Facilitating Mortgage Fraud for a Fee by Puzzleheaded-Bug7189
You are a prime candidate to never hire a Realtor.
You’re paying for experience doing the thing, not the “work” itself.
I’ve had clients that didn’t need me at all, but wanted another set of eyes, even after me explaining exactly why they didn’t need us.
I’ve had other clients who I’ve saved 100k+ worth of mistakes because me and my guys have experience they simply don’t have.
Folks Don’t generally keep track of zoning ordinance changes, basic code conformity, etc. People are also very frequently looking for property that will not, in fact, meet their needs, and don’t realize it until they speak with someone who does know.
10% of folks need no help at all with how simple their needs are. Another 50% could just use a real estate attorney, and have the vast majority of their needs met. In my experience, it’s that remaining 40% that truly benefit from using a realtor.
That said, the act of simply “hiring a realtor” is meaningless unless you are are reasonably convinced the agent has experience in what you are needing. You can hire the best agent in the city, but if you’re buying farmland, this realtor may have minidress about the laws surrounding “usufruct” of the crops currently growing on the land.
A homeowner may be buying out “in the country” to fulfill their dreams of owning chickens, only to find that they’ve purchased a home in a restricted area that doesn’t allow livestock of any sort, regardless of size, while less than a mile a way, it would have been no issue.
A buyer may have no idea that just across the street from their target property, the property tax drops by 2/3 because it’s no longer a historic district.
These are all just quick and dirty examples of where expertise is beneficial. It’s often what you never saw coming that hurts the most.
I assure you, Zillow does nothing a good realtor does, except allow you to see a house and throw some inaccurate numbers at you.
Zillow is fine for a great many people. I personally find Zillow’s numbers to be inaccurate, it’s service to be near non-existent, and to contain a lot of misleading estimates on payments, taxes, etc.
You are correct though. Not everyone needs an agent. Those who do, are wise to seek outside opinions.
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