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Dispelling the Myth -- Why Real Estate Agents Aren't (Exactly) Used Car Salesmen

Reblogger Trisha P Realty Group
Real Estate Agent with Realty Executives SP00223822

Great Blog from Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor:

Original content by Carla Muss-Jacobs, RETIRED Inactive License Oregon

Who hasn't heard that age old putdown:  Real Estate Agents are akin to Used Car Salespeople?

Well, today . . . I heard something that may DISPEL that myth.

I had been consulting with buyers for about an hour when I was told: 

We wish we had an agent representing us when we bought our car!

Apparently, they got hosed!

Hmmm . . . got me thinking.

  • Car salespeople can work AGAINST you to get the dealership THEIR price.  They go into the "back room" to talk to the manager to see if they can shake down your offer.  When you have a real estate agent working for you, and your best interests you DO have someone NEGOTIATING for you!
  • There is no "right to revoke" after you've made an offer on a car, exchanged your deposits and got financing in place.
  • You don't have a right TO HAVE YOUR CAR INSPECTED!
  • You can't negotiate on repairs.
  • You don't have an "appraisal" done on the vehicle's VALUE (checking the Blue Book doesn't count!)
  • No one is going to take your around to "test drive" 30 vehicles.
  • The car dealership isn't going to make buyer concessions
  • The contract is a heck of a lot more "fine print" then a real estate contract

The ONLY similarity I see between the two professions is this: 

We both hand over a set of keys.

 

 

 

 -----------------------------------------------------------

Representing Buyers Since 1999 ~

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor®

Principal Broker/Owner
EBAPortland, LLC
YOUR Exclusive Buyer's Agent

CHECK OUT www.EBAPortland.com for Home Buyer TIPS! 

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Posted by

Trisha Alton

"Holding the Keys To Your Dream Home"

Experienced Realtor proudly serving KS & MO in the Kansas City Metro area, as well as Fort Leavenworth Relocations! Visit my WEBSITE or call @ 913.683.9535 for all of your real estate needs.

 

 

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John Pusa
Glendale, CA

Hi Trisha,

Thank you for an informative and helpful article.

John Pusa

Dec 06, 2009 04:12 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Thanks for the re-blog nod Trisha!  Keep in mind that it wasn't too far off in the distant past that EVERY AGENT represented the SELLER.  Buyer agency wasn't advocated OR promoted. 

Dec 07, 2009 07:08 AM
Trisha P Realty Group
Realty Executives - Leavenworth, KS
"Holding the Keys to Your Dream Home"

Carla:  Thank you, for posting this!  Even before I got into real estate I bought my home with an agent!  I cant see why you wouldnt!

Dec 15, 2009 01:04 AM