Do You Really Need a Real Estate Agent? Reddit Weighs In
Manage episode 518243555 series 3675445
A landmark 2024 court ruling changed how real estate agents get paid—and buyers are asking if they still need one. Tim Lucas and Craig Berry explore the rise of DIY homebuying advice on Reddit, what buyers risk by going solo, and why agents may still be worth every penny.
In this episode you’ll learn:
- The new reality: Buyers may now pay their agent directly (2–3%), though many sellers still cover commissions in practice.
- The Reddit verdict: DIY buyers often stumble—some lose deals simply for not knowing proper offer procedures.
- Why representation matters: Buyer’s agents handle negotiations, inspections, repair requests, and closing coordination—not just showings.
- The hidden risk: Listing agents legally represent the seller, not the buyer, no matter how friendly they seem.
- Smart takeaway: Interview multiple agents and find one who fits your goals—the right agent can pay for themselves in negotiation wins.
Read the full article:
https://www.mortgageresearch.com/articles/do-you-need-a-real-estate-agent-reddit/
59 episodes