Location: Maryland
Submitted 09/24/12 10:36 AM

Q. Looking for Flat rate buyers agent licensed in MD, please quote the per hour / number of hours for submitting a bid, alongside the cost for buying a 1) pre-owned home 2) new home from builders. You don't have to wast time driving me around in hopes of someday I will buy a house. Intend to buy in next couple of months with pre-approval in hand.

 

Answer #1
Submitted 09/24/12 03:47 PM
Andrea Bedard, M.A. ~ REALTOR® & Mil Spouse ~ Silver Spring, MD and beyond (Thompson Company Realtors): Agent in Silver Spring, MD Andrea Bedard, M.A. ~ REALTOR® & Mil Spouse ~ Silver Spring, MD and beyond (Thompson Company Realtors)
Agent
Silver Spring, MD

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A.

Hi, I have never heard of a flat rate buyer's agent. Sellers/listing agent typically offer a cooperating commission to the buyer's agent. Thus, the buyer pays no commission for services rendered and representation is essentially free. 

Most brokerages charge an admin fee which varies between $200 and $400 but a few smaller companies do not even charge that.
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