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| How Do You Save Money on a New Home? |
Comment: I think there's some confusion in the buyer's/seller's agent. Realtors are
both buyer's and seller's agents, the important part is when you are ready to
make an offer that you have a buyer representing you, thus the buyer's agent.
In other words, don't use the seller's agent to try to negotiate the deal. You
should each have your own agent, but there really isn't a difference in them
when you're shopping for realtors. Some prefer to work just as seller's or just
as buyer's, but any realtor is capable of both.
It's also not true that they work for free. They basically do until you
finalize the deal and then they get a percentage, same as a seller's agent. You
can negotiate this. Also, you don't have to sign a lengthy contract and you can
cancel the contract with your agent at any time if you feel like it's not
working. Most people don't know that, but if your questionable about the
realtor you can always sign a 60 day contract and renew it later if you want.
That gives you an opportunity to try them out and see if they are finding you
what you need.
I used to be a realtor and learned there's a lot of misconceptions. |
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Posted by
Sheila
on
10/21/2010, 3:59 PM |
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