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yes most likely the spin bearing is shot, this is a little difficult to replace you will need to remove the agitator and inner tub to replace this and would need a spanner wrench (special tool) to remove the inner tub and the bearing assembly. in most cases you can get away without changing the tub seal but not always, your better off having a tech replace this, thanks Bryan, P.S. the spin bearing is around $50.00.