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
Not sure how it is elsewhere, but in Canada…the sellers agent sets up on the advertisement materials (online listing, etc) and maybe organizes an open house and then… pretty much nothing unless an offer comes in. Then they negotiate, on the sellers behalf and complete the paperwork.
All my experiences have been like that. It’s the buyer’s agent that finds the home and shows it to their clients.
Never once did my realtor hustle to find clients, they came on their own
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