Buyer Agents...Now that it is a Buyer's Market, how different are the contracts you are writing?
I'm talking not only about the initial offer and subsequent counters as I am sure most of them are much lower than they would have been a couple of years ago. I am curious if items have come into play other than some of the typical closing costs often asked for when it is a buyer's market.
Have you and your buyer begun to request that the seller pay or agree to any of the following:
- Home Inspection
- Radon Inspection
- Appraisal
- Non-compensation for propane gas or oil
- Property Owners Association Fees
- Real Estate Taxes
- Hazard Insurance
Perhaps there are other items that were generally paid for by the buyer that are now being required of the seller or at least becoming negotiating points. If so, it would be interesting to know what they are.
Is everything fair game?
Do you feel that as a buyer's agent it is your duty to suggest the seller pay for some or all of these items?
How do you balance getting the best deal for your client without going so far that you actually jeopardize any possibility of getting a ratified contract?
Please understand that I have my own answers for these questions. That is not why I am asking.
I am asking simply to find out what is the general concensus now given the state of the market.
I am curious what You are doing.
__________________________________________________________________________________________________

If you or someone you know is thinking of buying or selling property at or near Lake Anna, Virginia please contact Kathleen "Kate" Elim, REALTOR®.
Kate lives at Lake Anna, knows Lake Anna, loves Lake Anna, and specializes in Lake Anna area real estate.
Call Kate at 540-226-1964 or by e-mail at lakeanna.kate@gmail.com. Be sure to check Kate's Web sites and blog at http://lakeannaandbeyond.com/ or http://lakeannacountry.com/
Kathleen, I think we might be a bit of an anomaly but I can't see that much has changed here.