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Updated almost 2 years ago on . Most recent reply

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Jing Tan
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Do you pay buyer's agent fee now

Jing Tan
Posted

Hi all, 

I am a completely newbie here. I will buy a rental property soon. I wonder how many of you buyers now pay 2-2.5% buyer's agent fee VS. buy without an agent/ or negotiating a lower fee with an agent. 

Most Popular Reply

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6,755
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,825
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6,755
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

If you are newbie, why are you thinking about trying to buy yourself? You should just take your money and light it on fire. That doesn't mean just take any agent, but if you search and find one of the good ones, they will more than earn their commission. The thought that a new investor would even think of buying direct from a wholesaler or from the seller (or using the listing agent) is ridiculous. You want expertise, advice, and protection. If you are new and already thinking about negotiating a lower fee, you will end up with discounted service.

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