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Why Sellers Should Pay Buyer's Agents: Let's Talk Real Talk

By
Real Estate Agent with NextHome Tidewater Realty 0225181163

Ever wondered why compensating buyer's agents is a game-changer in the real estate world? In this video, some of our favorite NextHome Tidewater Realty agents are spilling all the tea on why it's a win-win for everyone involved.

From boosting your home's visibility to attracting serious buyers, we're breaking down the real deal behind why fair compensation for buyer representation is the key to unlocking success in your selling journey.

So grab your favorite snack, kick back, and join us for some real talk on how paying buyer's agents can take your selling game to the next level. Trust us, you won't want to miss this! 🏡✨

  1. Increased Exposure: By compensating buyer's agents, sellers attract more agents who bring qualified buyers to view the property, thereby increasing its exposure in the market.

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  3. Motivated Buyers: Buyers are more likely to work with a real estate agent when they know their agent will be compensated for their efforts. This encourages motivated and serious buyers to consider the property.

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  5. Competitive Advantage: In a competitive market, sellers who offer compensation to buyer's agents stand out from those who don't. This can lead to more offers and potentially higher sale prices.

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  7. Smooth Transactions: Buyer's agents play a crucial role in navigating the complexities of the home buying process. When compensated fairly, they are more incentivized to facilitate smooth transactions, leading to fewer hiccups and delays.

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  9. Maximized Selling Potential: Ultimately, compensating buyer's agents maximizes the selling potential of the property. It ensures that the seller's listing receives the attention it deserves from both agents and buyers, increasing the likelihood of a successful sale at the best possible terms.

 

 
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I always explain to my sellers that a buyers agent will look to see the nature of the compensation as they will deliberately try to knock down a possibility if they are not being compensated. 

Mar 22, 2024 10:28 AM
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

Guess now we'll have to email, text to get that in writing since it won't be in the MLS

Mar 22, 2024 11:20 AM
Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Colorado Broker / Referral Services

Reminds of the days of negotiating compensation while working a short pay-off for the seller to avoid a foreclosure... many times we had to go back to the buyer's broker to ask for a reduction in commission if they wanted their buyer to acquire this short sell.

Mar 23, 2024 04:27 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

It is insane that the NAR got us into the mess we are in! We didn’t need mandatory clear cooperation

Mar 25, 2024 05:52 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I wonder how many agents will have one commission price for agents they like or the in house  rate and the other agent rate.  How will anyone know?

Mar 25, 2024 05:55 AM