Comments for Real Estate Treasury

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by stevemincer

stevemincer — Sat, 21 Mar 2009 16:41:27 +0000

dude…of COURSE the agents at the builder are going to tell you they can get you a better deal if you don’t have a realtor because they DON’T WANT TO PAY the commissions to a realtor.

if you have already gone to the development and talked to them without a realtor, you’re out of luck.

also, fred w above is an idiot. the SELLER agent is NOT paid by both sides. the BUYER doesn’t pay the BUYER agent commission, the SELLER does that. the BUYER doesn’t pay anything, so they are NOT paid by both sides.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Terry S

Terry S — Thu, 19 Mar 2009 17:38:07 +0000

The Realtor is telling the truth.

New home builders actually build in the 3% they pay Realtors. If you don’t bring one the 3% goes directly to the bottom line.

Go into a new home development and tell them you want 3% taken off the top of the home.

They will most likely tell you to go take a hike.

Realtors can actually ask very specific questions that you as a neophite would never think to ask.

Realtor also know that the “Statute of Frauds” prevents the salesperson in the model home from VERBALLY promising you things and not putting it in writing.

Many people decide to NOT use an agent to buy a new home and pay dearly for this decision.

Here’s what normally happens.

They go into a new home development and the salesperson working for the new home builder asks “Are you with your agent?”

If you go to the models THE FIRST TIME without an agent you cannot bring your agent back to negotiate the contract.

Once they know you are not represented by professional council then they can go to work on you. How do they work on you? By VERBALLY promising things they know they don’t have to live by because it was never put in writing.

P.S. Always remember this if you decide to “Go it alone” Verbal promises cannot be enforced in a court of law due to the “Statute of Frauds”

Hope this helps!

Terry S.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Fred W

Fred W — Mon, 16 Mar 2009 12:50:08 +0000

Both are blowing smoke. They are working for commission and the more the house sells for, the more they make, not the opposite.
Having said that, I would never trust the sellers agent, to work for me. He will be paid by both sides and make still more money with a higher selling price.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Bobcat

Bobcat — Fri, 13 Mar 2009 05:12:15 +0000

Try looking in an online search under “Home Buyer Rebates” and add your state or city into the search line. There are a number of “buyer agents” that will represent you. In many cases, they will rebate half of their commission back to you. This amounts to $1,500.00 for every $100,000.00 in purchase price.

I don’t know what your specific market is, but if it is a buyers market (which most areas are) don’t be afraid to make a “low ball” offer. Unless you feel the offer is insultingly low, it probably isn’t low ball enough.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Me

Me — Thu, 12 Mar 2009 20:53:00 +0000

The reason they say youll get a bettern deal going with a realtor is because the realtor has experience. Just do research so you know how much you should be paying for the house and why. If the builder knows that you cant be taken advantage of they will be ready to talk business. Real Estate agents just take your money, they’re only necessary if youre lazy.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Vee S

Vee S — Mon, 09 Mar 2009 16:23:32 +0000

A real estate agent can help you negotiate a lower price on your home but that is something you can pretty much also do yourself. Because even if they can help you get a lower price than what you would get yourself they are still going to charge you which in turn still has you paying someone.

Comment on Is it beneficial to use a real estate agent when buying a home from a home builder? by Tiffany

Tiffany — Sun, 08 Mar 2009 17:19:10 +0000

not true, go w/out an agent. All they do is send a bill into escrow and then they get paid when its a done deal.
You can negociate with the builder, perhaps some builder incentives. thats about it

Comment on How do you get a local real estate investment club to learn about your house for sale? by no_mo_names

no_mo_names — Sun, 08 Mar 2009 00:48:10 +0000

Are you a member of the club? Usually, members can showcase their properties during their monthly meetings.

Another thing is to list your property on their online forum or classified section if they have one.

Finally, if you are looking for investors, you can go to my website at

Action Investor Network will let you post your property for other investors to view and purchase from you.

Good luck.

Comment on How do you get a local real estate investment club to learn about your house for sale? by tampabaycreditdoctor

tampabaycreditdoctor — Sat, 07 Mar 2009 02:34:00 +0000

Many real estate investor clubs have sub-group meetings, often in local eateries. Get flyers printed and go to these meetings and pitch your property to them. If the club has a monthly meeting, see if you can go there and pitch it also. The size of of investment club may be of importance here.

Comment on How do you get a local real estate investment club to learn about your house for sale? by godged

godged — Fri, 06 Mar 2009 14:12:07 +0000

How investment clubs work vary with the club. But as the others said, I am certain they are solicitied all the time.

If it was an excellent price, you probably would have heard from a member(s) of the club by now.