Boston Real Estate

Boston Real Estate is in a slump.

To survive brokers are discounting commissions or taking the commission the seller pays and giving it to the buyer.

If you don’t use a Buyers Agent it’s like walking into court without an attorney. These discount brokers like Redfin or others who give back part of the real estate commission can’t be doing what I do for my buyers. Talk about penny wise and pound foolish. If buyers think they are going to get a better deal this way or by not using a buyers agent at all they are kidding themselves. A seller will get MORE out of you if you are not represented. I think that the fact that so many buyers don’t take advantage of having a buyers agent who represents them and is paid for by the seller has more to do with their desire for privacy than actually conspiring to get a better deal from the listing agent or the seller.

They really need help to keep from overpaying, and an Accredited Buyers Agent who will use the true labor of thought to quantify the solds correctly and submit to the buyer a number she can hang her hat on. This is the number they could sell it for tomorrow if they had an unexpected change in their life situation. They won’t get a phony rebate but they won’t overpay for the property either.

What good is it to get a rebate on the commission if you have paid 10s of thousands too much for the property?

Here’s another cliché “You get what you pay for”.

Written by Jeff Persons ABR 617-512-3443

Here are some good blog posts on the subject: