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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (77971)	5/22/2007 8:23:26 AM
From: saveslivesbyday	Respond to of 306849

I agree that for most residential transactions, a RE agent seems superflous. However, my wife and I have had several experiences where having a real estate agent has proven to be advantageous. They can serve as "referees" during a tough negotiation, and they also assume some liability - especially the seller's agent, with regard to disclosure of any problems. We withdrew an offer on a rental house once and the seller refused to return the "earnest deposit" !! The agents sorted it out, and we avoided legal fees over this. We bought a cabin that had 2 wells, which were supposed to be "adequate - great water supply." 6 months later we were running out of water. After installing a 5,000 gallon holding tank and spending a great deal of time and money to extend the city utililty water to our cabin, we now have adequate water. Believe me, the realtors were involved in the settlement over this issue. Saves

To: Tommaso who wrote (77971)	5/22/2007 9:10:43 AM
From: Tradelite	Respond to of 306849

You mentioned how hard it is to sell a house yourself in another state. How about the difficulty involved in a job transfer to another state? Is the transferee going to fly into town one weekend, rent a car, look at a map, cruise the streets for sale or rent signs, negotiate a quick deal with the first seller he meets, and move himself and his family into the house within a month or two? Or is he going to get himself a decent agent who knows anything and everything he needs to know about particular areas, schools and neighborhoods to do all this work for him--and all at no extra cost to him, to boot?