buyer representation: How will I pay my buyer agent, I've barely enough for a down payment?
- 04/17/24 10:41 AM
This article was written by fellow blogger Nick Vandekar, 610-203-4543. Nick offers an explanation of buyer agency and how a buyer can compensate his agent in the following example. If you are looking for a Realtor in Central MS and have questions about this post, feel free to reach out to me. There are many options to cover the buyer agent's fee, discover some in this post and what you should be looking for in an agent representing you. There has been a lot of misleading commentary recently about how the real estate buying and selling processes are going to be (0 comments)
Most buyers wouldn't hesitate to consult a Realtor when buying an existing home. They recognize the value of working with a buyer's representative who knows the market and is familiar with financing options; someone who can provide advice on market trends; who can interpret contracts and warranties; and who offers fiduciary duties of loyalty, confidentiality, obedience, disclosure and full accounting, along with the duty of using skill, care, and diligence.
But when buyers consider NEW construction, often times they don't consult a Realtor. They may spend their weekends touring Open Houses and when they find "the one", the builder prepares the paperwork, and the buyer may execute an agreement without (38 comments)