I just finished reading Ines's featured blog Working Without a Realtor. There were 71 comments that I waded thru, and if you haven't taken the time to do the same, you should. Another excellent blog is Janie Coffey's The Benefits of Working With a Realtor That Specializes in Your Area. Ki Gray has written Why Use a Realtor?.
Now please don't get mad.
I'm a consumer with a question! This is not an attack on my agent friends here or any kind of personal charge, it's just a consumer question.
Photo by Mike Geraci of New Hampshire
What I'm learning so far at Active Rain is that a buyer's agent "represents" you, the buyer. They will:
- negotiate the price for you
- understand the local market
- know the inventory and comparables on the market
- be able to point out what's good and bad about the property
- ease you through your buyer's remorse and emotional swings
- be able to give you, the buyer, "the inside scoop"
This is my question: IF the sellers have disclosed honestly what the condition of the house is, IF the buyers hire a home inspector, IF a buyer spent the time researching homes that have sold in the area and studied the internet for what's on the market and for how long, what are they missing?
It seems to me "the inside scoop" may be private information that the seller doesn't want the world to know, e.g., divorce, death, personal circumstances that are no one's business. Or isn't privacy respected anymore?