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Real Estate Agent

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367
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Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
77
Votes |
367
Posts

What should 3% get me?

Arthur Banks
  • Real Estate Investor
  • Waukegan, IL
Posted Apr 28 2015, 18:54

I'm sitting here going through listings that my agent sent me. More accurately, going thru through the listings that are auto-generated. That led me to thinking... what exactly does my agent do to get 3% of my money? I know he only get's 1/2 of that but even saying that, what does the broker do? That's another topic... My current acquisition, I "found" on the listing that was generated to me. Other than get me in to see the property, I can't quite say what his duties were. I'm not saying he did nothing, but I don't know exactly what he did to help me find the deal. He hasn't brought me any deals. The things that he's done is gets me in to properties and set up the MLS criteria that I asked for on the listings. Should I be getting more services for my money? I'm not some big shot, doing multiple deals a week or anything, but I just want to get an idea of what I should be getting. I just feel some sort of way about giving up money for what doesn't seem like a lot.

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