Seller brokers, buyer’s agents, dual agents, exclusive seller agents, discount agents – real estate agents come in many different forms. The articles, columns, radio shows, blog posts and videos here help you navigate the new and complex world of hiring a real estate agent.
Okay To Change Real Estate Agent
Changes in marketing real estate have changed the agent/client relationship. The Internet has made real estate a much more transparent business. You can see what other agents are offering, can view listings that are for sale, learn all about a prospective neighborhood, and look up your own crime statistics. Agents and brokers who believe they "deserve" clients for life don't understand that in today's economy, you have to earn your business every single time you deal with someone.
Real Estate Agent Wants Home Equity Information
As you're looking for a real estate agent to sell your home you may interview some that will ask you questions about how much equity you have in your current home. While it is none of the business of the real estate agent, the agent may be seeking reassurance that she or he will receive their real estate commission upon selling your home. You can reassure the real estate agent without sharing how much equity you have in your home or providing other personal finance details.
Real Estate Commission And Protected Buyer List
When you're looking to buy a property you may end up on a "protected buyer" list. When a listing contract ends, the listing real estate broker wants to make sure the seller does not contact any of the people the listing real estate broker showed the property to and deprive him of a commission. If the seller and the real estate agent can't agree on the protected buyer list or the commission it could delay the sale.
Home Sellers Can’t Pay Commission
A home seller fires their real estate agent because they discover they will not be able to cover their closing cost and commissions. Commissions are typically paid out of the closing proceeds from the sale of the property. A buyer or seller probably can't get a loan to cover closings costs and commissions when selling and buying a home.
Real Estate Agent: Great Local Agent Key To Great Property Deal
A great local real estate agent is the key to getting a great deal on property. Ilyce notes that in order to get the great deal on property this person is looking for, they need to find a real estate agent that works the area on a daily basis. A great local real estate agent will tell the buyer what kind of deals are available and the best pieces of property available.
Buy New Construction With Real Estate Agent
When you're buying a new construction home it helps to have a real estate agent to assist in the transaction. While you may think you don't need a real estate agent to help with a new construction purchase, the builder or developer has likely already included the cost for an agent in the selling price. The seller may not change his price just because you want to buy without a real estate agent.
Do I Need A Real Estate Broker Or Agent To Sell My Home?
Wondering about the best way to sell your home? What about For Sale By Owner? We'll tell you.