I'm not talking about her helping us to show up at a house—yes, we could have done that ourselves—I'm talking about how she helped us as first time home buyers to navigate the most intense housing market in decades and craft a persuasive offer that actually beat out multiple cash offers without losing us tons of money. We got the first house we made an offer on at a time when most young people in our shoes were despairing at ever getting a home.
That situation wasn't created by real estate agents, it was created by sub-inflation mortgage interest rates, and she solved it by deeply understanding what a home seller wants out of an offer. That's what a real estate agent is good for, and it's what I hope a larger percentage of agents are going to be good at now that the bad ones can't hide behind their monopoly.
> and she solved it by deeply understanding what a home seller wants out of an offer
When I sell things, even large value things like houses/boats/cars, it's the most money with the least amount of hassle in that order that wins out. I'd love to know more deeply what I really want when selling something.
>That situation wasn't created by real estate agents, it was created by sub-inflation mortgage interest rates, and she solved it by deeply understanding what a home seller wants out of an offer. That's what a real estate agent is good for, and it's what I hope a larger percentage of agents are going to be good at now that the bad ones can't hide behind their monopoly.
That's as may be, but the law in question is specifically about rentals not sales. WRT rentals, the price is generally not negotiable, the terms (at least in NYC) are prescribed by at least three city and state agencies, and until now, despite the fact that the broker acted as the landlord's agent exclusively, anyone who signed a lease (as the tenant) had to pay the broker.
That's a very different situation, and not analogous to buying a home, except that (usually) you will live there.
That situation wasn't created by real estate agents, it was created by sub-inflation mortgage interest rates, and she solved it by deeply understanding what a home seller wants out of an offer. That's what a real estate agent is good for, and it's what I hope a larger percentage of agents are going to be good at now that the bad ones can't hide behind their monopoly.