basically: why would someone need a realtor to BUY a house?
i understand that to buy a house, you (buyer) give some money to the owner (seller) in the form of a down payment and essentially get a loan from the bank (mortgage), and then pay that loan back to the bank over the course of years (decades).
for selling a house, i get that you’d want someone to put up the listing and pull connections to get the word out to buyers.
but for buying a home, where do the realtors come in and why does everyone say you need to get one to be a serious buyer?
In: Other
If someone spends 40 hours showing a house to 40 people, and only the 40th person buys the house, should the broker be paid for 40 hours or for 1 hour? If you believe the other 39 hours dont count, then you are probably the type of homeowner who does not want to sell using a broker. So either you pay someone to do it, or you have to do the work yourself.
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