What exactly are the services the real estate agent provides that justifies their fees?

Is it just being the middle man in a transaction?

18 comments
  1. To you? Not much.

    To the landlord? They provide tenants, and filter out tenants the landlord doesn’t want. And you get to pay for it.

  2. They provide a large range of choices, one that won’t show up in sumo or any real estate site.
    Also, they act like a middle man between you and the landlord, provide support to you and filter out unwanted tenants for landlord.

  3. The joy of paying the rich old man who owns the land / building’s fees for him! He doesn’t even have to pay for it to be cleaned, you’ve got to love it.

  4. I mean if you want to deal with japanese bureaucracy and red tape on your own feel free. Realtors around the world get paid for the convenience.

    I wouldn’t have purchased a home here if I had to go through all the bullshit and paperwork on my own.

    The nice thing here is you deal with one realtor unlike the US and other countries.

  5. I mean if you want to deal with japanese bureaucracy and red tape on your own feel free. Realtors around the world get paid for the convenience.

    I wouldn’t have purchased a home here if I had to go through all the bullsh*t and paperwork on my own.

    The nice thing here is you deal with one realtor unlike the US and other countries.

  6. If you’re a foreigner in a strange land and have no clue what is going on, they can explain regulations to you. Landlords also expect you to negotiate with them, so a lot of prices listed on paper can actually be removed, such as the cleaning fee or lock change fee. The agent can help negotiate this down for you.

  7. Explains the Japanese real estate system. The important parts of the contract to pay attention to. Reputation of specific landlords or property management companies, how responsive they are to maintenance requests, etc. Advice on things to watch out for to avoid trouble with the landlord down the line re: cleaning fees, etc. Knowledge of the area they’re servicing, the geography (flooding), what sort of properties are common, what type of amenities you should compromise on because of the types/age of buildings that are common in the area.

    Given that they charge a percentage, do I think they do X more yen’s worth of work for me if I rent a more expensive unit? No. And you don’t need to re-learn some of these things once you’ve gone through the real estate searching process in Japan once. But the knowledge they have and the peace of mind I get when I get answers is more than just being a middle man for me, and it’s often up to you to ask for it.

  8. From what I recall they take your money after you find the place you are interested in.

  9. They know the rules and regulations so landlords aren’t at any personal risk.

  10. A lot of people in here are referring to work real estate agents do for finding a rental property. I’d be interested to know why they get such a fat percentage of the land I’d like to buy. Potentially for doing jack squat. If I find the land online, am I paying for them to stamp paperwork?

  11. While I get that ofc both owner and real estate agents like to make the renters pay everything I still find it highly unfair. Japan was the first country I learned about that makes the new renter and not the owner pay the fudousan fees. 😱

  12. If you look at this and many other online discussion forums, you will find countless questions about getting loans, about the legal and tax aspects of owning property, and about the relative benefits of living in certain areas. You will also find countless people who tried to find a property on their own and are now regretting their decision to the point of hiring a lawyer to get out of difficult situations.

    It is always better to hire a real estate agent before you buy than a lawyer after you buy. Much cheaper.

    Also, the sellers of property want the buyer to have support from an agent when buying their property. Especially their first property. That way they are less likely to be sued once the handover is completed. For that reason they sometimes give bigger discounts to people with an agent than without one.

    If you contact a seller directly they will assume you only want their property, are dead set on that one choice, and they will keep the price high. If your agent contacts them on your behalf, the seller will think you have many options and a better understanding of value. You will get a fair price.

  13. Without them, those desks and chairs would just blow away in the wind.

    Seriously, I’ve had a mixed bag: lots of useless lumps who did absolutely nothing, several actively bad/racist ones, and a few good ones who took us out to different properties and really tried to find us something.

  14. and for instance, why they take expansive cleaning fee for a soft cleaning? i can do much better with 2 hours.

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