what is a realtor’s job when it comes to buying a home?

847 viewsOther
0 Comments

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

31 Answers

1 2 3 4
Anonymous 0 Comments

I think with the new rule change, where buyers will likely need to put a large part of their down payment into a commission rather than the property, the role a realtor plays will change from what a lot of people are saying. I wonder if five or so years from now if shopping won’t be mostly online and closing handled via flat pricing with lawyers.

We’ll see.
1 2 3 4