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August 5, 2011 | No Comments YetTags: buyer's agent, buying real estate tips, home search, homebuyers, new home buyer, real estate agent commission, real estate selling commission, real estate tip, searching for new home
Well, not for everyone. I should re-state that your homebuyer’s agent is free.
This is the number one misunderstanding I hear from homebuyers. I can’t blame them; homebuyers have a lot on their minds when searching for their new home. The process of is a lot like tunnel vision for the buyers, everything outside of finding that home gets a little blurred. That’s why I’m here to tell you that you can have that agent who will not only help you find that home your looking for but they’ll also help take care of that blurry part of buying a home all for free.
I know I’ve harped on this before but I really do think having a real estate agent help you out from the beginning of your home search will make the whole process easier and faster. It’s not everyday that you get to have the expert advise of a professional in any industry for free.
You may be asking yourself, “Well, why is it free to me? What’s the catch? “ There’s no catch. To make a long story short, when seller goes to sell their home they promise their agent a certain percentage (commission) of the selling price. Then to attract buyers the original listing agent will promise to split the commission with the buyer’s agent who can bring a homebuyer. So technically it’s the seller who pays for an expert to represent your interests.
Well, there you go. That’s about as short an explanation as I can give you. Now there’s no excuse for going out and getting that expert advice from a real estate agent that you deserve for free.
Photo Credit: HowiePoon