Is a buyer’s agent the same as a realtor? Do I need one?

  • This topic is empty.
Viewing 12 posts - 1 through 12 (of 12 total)
  • Author
    Posts
  • #126455 Reply
    USER

      I’m confused. Is a buyers agent and a realtor the same thing? If I found a home I’d like to purchase myself without the help of a realtor would I need a buyers agent or realtor to help me with the purchase?

      I know realtors help with real estate transactions, but I’m not sure if a buyer’s agent is the same thing or if they serve a different role. Do they offer specific advantages for homebuyers?

      Is hiring one necessary, or can I just work with the listing agent?

      I’d love to hear from people who have bought homes before—did you use a buyer’s agent?

      Was it worth it?

      #126456 Reply
      Holli

        If the house is listed with a realtor, contact them and tell them you want to make an offer and you don’t want your pay or use a realtor.

        They will usually write an offer for you, because they want to use forms that they are familiar with.

        If you are comfortable you can write your own offer. Forms are available online.

        I have successfully done this several times.

        #126457 Reply
        OHare

          If you’re the buyer, it costs nothing. The seller pays all the commissions, so unless it’s buy by owner it doesn’t really matter.

          #126458 Reply
          Bill

            You will want a representative. You will not have access to the home without one. For things like the home inspection, etc

            #126459 Reply
            Siegrist

              If you don’t know what’s the difference between the two, you may need one.

              And I’m not being facetious.

              #126460 Reply
              Joshua

                If you want someone else to take care of everything, hire an agent. But you don’t need to like a lot of people are saying.

                You don’t need an agent to see a house or make an offer or schedule an inspection.

                Google how to buy or sell without an agent. And don’t let the buyer’s agent talk you into representing you.

                It’s not difficult and they are getting a fat paycheck for very little work.

                #126461 Reply
                Cam

                  Get your own agent. A buyers agent is a real estate agent that works with buyers primarily. Sellers are still paying buyers agents commission 99% of the time.

                  Read reviews online and pick an agent with decent reviews and you’ll be fine.

                  #126462 Reply
                  Mindi

                    If you’re asking this question you definitely need a realtor to help you with the purchase.

                    #126463 Reply
                    Ian

                      They are “mostly” the same thing. Real estate agents are people who are licensed by their state to assist in buying and selling property.

                      Realtors are real estate agents that join the “National Association of Realtors”. The nation association of realtors is just a club or a professional association that people buy memberships to.

                      The whole real estate agent setup is a sketchy pay-to-play game. Paying for agents is very rarely worth the cost.

                      Most of them are just charismatic faces that smile and tell you it’s ok to pay more or receive less.

                      #126464 Reply
                      Christina

                        If you don’t want the help of a realtor, at least get a real estate lawyer to help you with the contract.

                        They usually charge a flat fee instead of a % of sale price.

                        #126465 Reply
                        Jeremy

                          They’re the same thing, realtors can be buyer’s agents or seller’s agents or act as both.

                          If the seller has a realtor then you really should have your own or risk getting screwed.

                          If they don’t have an agent and it’s an off market deal then go make it happen however blows your skirt up.

                          #126466 Reply
                          Sartaj

                            All u need is a real estate lawyer, your own financing and an inspection agency.

                            Most paperwork is handled by the lawyer and the inspection agency.

                          Viewing 12 posts - 1 through 12 (of 12 total)
                          Reply To: Is a buyer’s agent the same as a realtor? Do I need one?
                          Your information:




                          Spread the love