Hi Tim,
Thankyou very much for your reply.
You seem to be strongly against the process, a thing that I find strange especially for a lawyer. Because of my experience with real estate agents they seem to do very, very little to earn their commission. The lawyers really do all the work and yet get paid far less than the agents.
I had a real estate agent try to sell my house about 12 months ago. He met about a dozen ‘qualified’ clients at my house over a period of 6 months. He stood there like a block of wood during the inspection to the point where I had to ‘sell’ the house and answer the lookers (who mostly seemed to be ‘tyre kickers’) questions myself. And for that he wants about $30,000 commission? Seriously?
As a seller, I don’t see any great problem in it. I advertise, guide the potential buyer around the house, if we agree on a sale price I go to my lawyer, get a contract drawn up, present it to the buyer and thereafter leave everything to my lawyer. The only thing that concerns me a little is the ‘on-line’ DIY Real Estate site. Am I missing something?
Please elaborate a little more on your reply. I value your opinion as you are a lawyer and obviously have much more experience in this field than I.
Thanks again.