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New Home Builders - Needs Realtors on the Seller Side and the Buyer Side

By Donna Whitaker

Real Estate Agent with Exit Premier Realty

October 15, 2007 04:07 AM

Hello Team,

I was recently speaking to a mortgage rep located in Baltimore and she mentioned to me that now new home builders will need realtors to represent on both sides - seller and buyer. Which I would assume that most of those sales reps are licensed agents? At least I would hope so..

Has anyone else had feedback about this? Your experience and thoughts?

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MarQuis Rhodes

MarQuis Real Estate Group/Boise River Properties - Boise, ID

From my experience, builders have found it cheaper to have a in-house staff. Paying realtors a small salary and offering incentives for each home they sell. But the realtor is under contract with the builder/company to only represent that subdivision.

Hope this helps.

Oct 15, 2007 04:34 AM

Lanre-"THE REAL ESTATE FARMER" Folayan

Samson Properties - Bowie, MD

I don't make promises.I deliver results.SOLD HOMES

Hey Donna. I haven't heard anything about that. But thanks for letting me know. But like MarQuis said,the realtor is under contract with the builder/company to only represent that subdivision. Only bad thing is you have to like surrender your real estate license. Great post.

Nov 10, 2007 02:23 PM