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Will more real estate attorneys start marketing themselves as a replacement for buyer's agents?

Hi,

I see a lot of people recommending getting a real estate attorney instead of an agent to negotiate, close, etc. so I'm wondering if more will or are offering their services in that capacity now that we're somewhat freed from the shackles of realtors and people are now doubting their value. And if so, how does one find a good one? (Though I also see why they wouldn't, given that they could alienate agents who would otherwise use their services.)

I'm not necessarily anti-agent. My mom was one in the 80's. A good one can provide significant value. But rare is the situation where one is worth 2.5-3% on a $500-600K home, especially in my case where I'll be buying out of town, looking at only a couple or so because I cant fly out for anything I'm not serious about, and I'll be paying cash. Also, it's damn near impossible to know if you have a good one. For example, the last time I was in the market I had an agent with great reviews, she could spot problems in a house a mile away, the problem with her was that every house was the right house, I was called indecisive because I didn't buy a house after seeing three of them, and all the problems that she saw with the home weren't revealed until after I passed on it. She clearly just wanted to get her payday. It's such a craps shoot and unless you're buying a modestly priced home, pretty much all of hem are massively overpaid.

Bottom line, I would get an agent if they'd settle for maybe 1.5% for the very little effort they would put into my deal, but we're still in the early days of the post settlement world and every agent still thinks that they're worth every penny of 3%, with many thinking/hoping/hallucinating that the sellers will still provide it and the world won't really change, so I'm now investigating the real estate attorney option.

Thanks.

submitted by /u/douglas8888
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source https://www.reddit.com/r/RealEstate/comments/1ewos9s/will_more_real_estate_attorneys_start_marketing/
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