6 Pros & Cons To Buying a House Without a Realtor

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Considering the commissions that agents charge, you might be asking yourself, “Do I need a Realtor or real estate agent to buy a house?”

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Pros of Buying a House Without a Realtor

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Commission Savings

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Info Galore

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Cons of Buying a House Without a Realtor

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All the Work

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All the Risk

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6 Pros & Cons To Buying a House Without a Realtor

Considering the commissions that agents charge, you might be asking yourself, “Do I need a Realtor or real estate agent to buy a house?”

Pros of Buying a House Without a Realtor

Commission Savings

In a U.S. home sale, the seller’s and buyer’s agents usually split a commission equal to about 5% of the property price

Info Galore

Buyers now have access to some of the same information that Realtors do. Historically, agents had lots of insider tidbits about listings.

Cons of Buying a House Without a Realtor

All the Work

You have to be constantly on the ball, keeping a lookout for properties and arranging a time with sellers to visit them.

All the Risk

Without an agent, you’ll need to determine the correct bid price and terms, watch the contract contingency dates, etc.

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