Let me set the scene. A home seller stated that, they no way will the pay a buyer agents fee. Furthermore they directed that the Listing Agent should offer 0 under buyer agent, transactional broker, facilitator or any co broke type fee. That they will only pay the listing agent a reduced fee on this Manchester NH area home based on listing duties.
There are some facts they are missing. Most buyers have already hired a buyer agent before they start their search. By eliminating working with buyer agents, they have cut their potential buyers by perhaps over 1/2 to up to 2/3 some say.
That if a buyer does not have a buyer agent, it is the listing agent, who although does not represent that buyer, has the additional work of what a buyer agent would do to facilitate the closing from the sellers and buyers sides.
We are seeing a trend for sellers wanting to save money anyway they can. We are also seeing a trend of a large increase of homes not selling.
The largest fact regarding buyer agent fees is that they are built into the price of the home. The hardest stat that is over looked is when sellers are using comparable of what else has sold, ALL those sales had a buyer agent fee built in. The OTHER FACT is that reduced fee, MLS fee only and discount listings have the seller paying the listing agent not the buyer agent. HOWEVER, the buyer agent fee is added in when the offer is written and in the end paid by the seller if they want to sell.
That is WHY it is better to build it in when listing. Account for it, know it and the reward can be a quicker sale at the best possible price. Yes the seller pays for it BUT with the buyers money. Work together not against.....
The moral of the story is that discount listings can mean discount sales. That getting a higher price beats any discount which can be more money for the seller in the end.
A buyer or seller should not choose just any agent, choose the BEST agent for the job. Having an agent that works for you is a must.
My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or selling process. All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. Those that hire me, find a dedication like no other.
To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .
About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 30 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties.
We stand by you through every step in selling your home
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