buyer agent: A First Word Of Caution For Home Buyer's - 08/28/08 10:10 AM

In my experience in real estate, I have found that Homebuyers are often led astray by well-meaning friends and relatives who tell them to go out and learn about the market before they get ready to buy a home -- Open Houses, New Construction, homes magazines.  But, their friends and relatives don't tell them what are the implications of doing just that.  They especially don't tell them what to do if they happen to find the perfect home when they are only out "just looking".
Unfortunately, most Home Buyers naively assume that they can talk to many different real estate agents without being obligated … (0 comments)

buyer agent: How Do I Get Paid? - 08/27/08 08:20 AM
This is a typical initial question people ask me.  "As my Buyer Agent, how do you get paid?"Basically, as a Buyer Agent in NJ, I get paid the same way traditional real estate agents get paid. When a home buyer purchases a property with my help in NJ, the real estate commission: 
is due and paid at the closing on home, 
is always included in the asking price for a listed property,
averages between 5% and 6%.  For example, when a Buyer purchases a condo for $400,000, 5% (or $20,000) of the purchase price is the total real estate commission,
is typically paid 50% to the real estate … (5 comments)

 

Pamela Bell

Jersey City, NJ

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Buyer's Advisors

Address: 598 Broadway, Bayonne, NJ, 07002

Office: (201) 823-1990

Mobile: (201) 376-4474

The BUYER'S ADVISORS Blog contains useful information I have found during my years as a buyer's agent in New Jersey.


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