Back in the days when I bought homes to fix up and flip, I thought I knew everything about real estate. In retrospect, I knew the bare basics because I lived in a state where I knew little about local real estate, much less statewide, and because I wasn't actively practicing representation during those flipper years. Not at all like my crazy life as a listing agent today.
I shudder to imagine how many buyers think they know what they are doing because they've done it once or twice or they watched somebody else do it. How hard can it be, they wonder? And then they find out the hard way, it's pretty hard.
Not only that, but there are not an enormous amount of excellent buyer's agents running around. It can take a buyer a bit of time to find one of those guys. I see them from the other side of the fence during transactions. When I spot superstars on the rise, I make sure they realize how special they are. It is never a bad thing to offer encouragement to the selling side.
You can read more in my personal blog today at this link: Sacramento Home Buyers Need Agents to Represent Them.