[poppin3k]

IMO you need a great agent because the offer / offer acceptance process is both subjective and inefficient.

In a competitive market, submitting an offer is an art because buyers agents don’t get a lot of time with the sellers agent. It’s pretty much a game of submitting the most attractive offer you can the first time and hoping for the best.

Of course, the best buyer’s agents will have big networks and deep connections in the real estate community that can get the a second chance or access to more information.

This is why you hear stories about folks missing out on offers even if they were the highest #, and they only found out after the fact that the sellers actually preferred a bigger down payment, etc.

[smileysteve]

> IMO you need a great agent because the offer / offer acceptance process is both subjective and inefficient.

But this isn't even a Real Estate agent's job, the have no fiduciary duty to do this in a way that benefits their clients (in fact, they are incentivized to get the commission check over everything else).

What you really need is a fiduciary broker.

[mikkergp]

Also in my experience a lot of the real estate agents job starts after the bid, but my experience is with somewhat complex properties with land. From finding and explaining easements, understanding taxes and tax deferrals to negotiating after the inspection and coordinating all the work that need to happen.