# real estate question

**URL:** <https://forums.speedlife.net/t/real-estate-question/195774>\
**Category:** PittSpeed Off Topic\
**Created:** [February 27, 2008, 11:31am UTC](https://forums.speedlife.net/t/real-estate-question/195774 "2008-02-27T11:31:52Z")\
**Posts on this page:** 1\
**Showing post:** 15

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**Author:** ![foz](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/foz/32/6028_2.png) [@foz](https://forums.speedlife.net/u/foz)\
**Post date:** [February 28, 2008, 6:46pm UTC](https://forums.speedlife.net/t/real-estate-question/195774/15 "2008-02-28T18:46:35Z")

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> [@iPod touch... no email wtf](https://forums.speedlife.net/t/ipod-touch-no-email-wtf/35170/11):
>
> On another note…no matter who the agent you choose is, they want you to purchase a home. This means that once you find the right home and are trying to come up with an opening bid, they will want you to come in higher than you probably should. They will try to convince you to raise your bid faster than you may want once negotiating as well. Take what their opinion is in but remember that it’s your money going into the deal and you need to get the best deal on the home. Real estate agents are a great help in doing all the work that none of us want to take care of just remember they make money if you buy and make a little more if you buy at a higher price.
> 
> Just my .02 since I see too many people purchase homes for more than they needed to.

not always true /, granted there are plenty of bad agents out there…

if you do the actual math of what an agent will make by increasing the price by 5,000 (less than 100 pre-tax) that small amount it’s not worth losing your license. By law, once under in a business relationship where you are representing a buyer, the buyer’s best interests must come before the agents. If anything they are banking off of their experience to try to either make a deal, or keep the deal together.

agreed, it’s you money only spend what you are comfortable spending… a buyer needs to use their own judgement, however a good agent should be able to prepare a Comparative Market Anaylsis to back-up or justify the price… and a mortgage company won’t fund a deal if the house doesn’t appraise for the value…

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