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
A realtor doesn’t do anything that a real estate lawyer can’t.
They make a massive % of the sale for finding you homes (you can do that online) and ‘coordinating’ the paperwork.
People are paying 10s of thousands of dollars (or more) for nothing more than some small coordination tasks (eg photographer, lawyer).
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