Buying my first home: advice? (1 Viewer)

[Matt^Brown]

This is the information that I was really after. I have not enlisted a realtor and really did not plan to. It just seems to me that if we cut the realtor out on the sellers end then the house drops 6% before we even start to negotiate. I guess I just view a realtor as an added cost because the higher the house sells the bigger the check they receive.

 

[Sami Kallio]

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 w/o, to maximize the equity they will receive at the end of the sale. I would think more realistic would be to split it to 3% each just like the realtors do.

 

[Philip Hamm]

I bought from a private seller once and that's exactly what we did.