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True to some buyers but the problem with that is going to be finding a house that is not listed through a realtor. Once one is in the picture you can't cut them out. A seller that is not listed with a realtor might not be willing to drop that 6% out, that's one of their reasons to try to sell...

Of course, all the costs are built in the purchase price. Whether the purchase price is cheaper without an agent, I wouldn't count on it. Buyer pays x amount of dollars to seller, seller gets x * 0.94 dollars, sellers agent gets x * 0.06. Sellers agent then pays buyers agent x * 0.03. Cut out...

Good thing I'm on the right housing market. My other house that's leased is bringing in more money in rent than I pay in mortgage/taxes/insurance/etc. I'm looking into buying another that will do the same.

A buyers agent who works for the seller wouldn't last long. The first rule is to never get a dual agent that works for both seller and buyer because they have an agenda that doesn't benefit the buyer. http://www.buyersresource.com/411.html

Seller pays realtors, not the buyer. A lot of the times the seller who is selling by himself, and not using a realtor, is trying to save the fees for himself. Closing costs, those you pay no matter what. They are legal fees like title insurance and the like that you can't buy a house without...

Haha, NYC, got to love it though. In here $270k can get you into 4,000 sq.ft home, no Rockies though, just plain old Dallas prairie which isn't a pretty sight.

Showing houses is the easy part, it's the part after you find the house you want to buy. It's not that hard if you know yourself what's going on but a good experienced realtor will make things go much smoother and you won't find any surprises once you go to close on the deal (unexpected expenses...

I just finished buying my second home. I got my first 2 years ago and it is now going to be a lease property. A lot of the process depends on the competence of your realtor, whether they know their stuff and if they push hard to get things done. This especially since you are new to buying a home...