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Perks of a Buyer’s Agent

WHO'S WHO (and who pays for what) When Buying a Home? A Buyer's Agent Acts as an adviser during the entire home buying process. Educates buyer's on current market conditions. Researches recent home sales in the area to determine whether a specific home is properly priced. Handles the ins and outs of the negotiation process. Counsels buyers on how to handle any repairs needed on the property. Is present at closing to ensure that all the buyer's interests are protected. Shares commission with listing agent. A Listing Agent Helps homeowners sell their home at the highest price possible. Negotiates with the Buyer's Agent to come to a price agreed upon by both the buyers and the sellers. Works with escrow to make sure the deal closes on time. Shares commission with buyer's agent. The listing agent gets the full commission if there is no buyer's agent. Buyer Pays no commission fee. The Buyer doesn't cost the Seller any more by having an agent, since the Agents share the Commission. It costs the buyer no money to have an agent representing them. |Seller| Pays commission out of the selling price. Almost always a percentage of the selling price. Percentage is always negotiable and is always set when the Listing Agreement is created. Commission Buyer's Agent Listing Agent Listing Agent- Selling Price of Home Selling Price of Home The Total Commission Amount Remains the Same Takeaway Costs the Buyer nothing to have an Agent representing them. Doesn't cost the Seller anything more if the Buyer has their own agent. The only person with commission that is affected is the listing agent. Why wouldn't the Buyer choose to have their own representation if it doesn't cost them anything??? Wouldn't You Want a Buyer's Agent Representing Your Interests as the Buyer? Sources: http://www.forbes.com/sites/zillow/2013/10/29/what-does-a-real-estate-buyers-agent-do/ http://www.redfin.com/definition/listing-agent http://www.pharealty.com/ NationalPositions Profitable lnternet Marketing PHA REALTY Pizzimenti Homes & Associates

Perks of a Buyer’s Agent

shared by InfographicMarketing on Jul 24
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Are you in the market to buy a home? Finding the right home at the right price can be difficult, especially if you don’t have the necessary experience or knowledge to negotiate a good deal. If you h...

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