Do I really need buyer representation more than a rebate?
With a hat tip to Greg Swann, the big dog at the Bloodhound Blog, I noticed this skilled new? negotiating tool now being implemented by the experienced? Redfin agents.
Glenn Kelman wrote, "At lunch with Cynthia and a local real estate baron, we heard about a new tactic for getting a deal on a property. Rather than offering a lower price, ask the seller to handle closing costs, which can run up to $10,000 or more."
"New?!? Uh, it's been done for ages ... This is the cutting edge of real estate? Wowsa." was the comment by my friend, Jay Thompson, The Phoenix Real Estate Guy.
At this point, I can't figure out whether to explain the value of buyer representation in a real estate transaction or to just let Glenn rest in peace. Rest is best.
BTW, my 150th post.