“They Did It Without A Real Estate Agent”
September 27th, 2007 categories: 3 Legged Horses, Community Events, Real Estate News
Those words just jumped out at me! They realized their dreams and bought a house that they had fallen in love with but couldn’t afford until it showed up on ebay. Read the whole article Ebay Bid Earns Them A Home. I think it’s great they were able to get a good deal, but my question is “who represented the buyers?” Who was there to promote and protect their best interest?
Something to consider, the seller normally pays the real estate commission, which in this case was probably between $3000–$4000. So the wonderful price reduction of $30,000 was “not” because they didn’t have to pay a real estate agent. Another thing to consider, was that savings of $3000–$4000(always negotiable) worth it? I’m not saying that this is what happened, but buyers need to remember who the agent they are working with, is working for!
Congrads to the ebay winners and may all your dreams come true.
Tags: ebay, real+estate, representation
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Sara - I couldn’t agree more - I am still shocked at the number of home buyers that go it alone when the sellers pay the marketing fee. Thanks for pointing that out.
Enjoy your Kuna County blog - we are new to the RET blogs and have ours “under construction” - looking forward to learning more about “Kuna Country” from you.
Have a great day!