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Posts Tagged "real estate"

Should I Hire a Buyer’s Agent?

Based On my experience and observations of others, the issue is not whether to use a buyer’s agent. The issue is which buyer’s agent to use. In my own last purchase, the listing agent offered me a credit not to bring in my own agent. I told him thanks, but I would use an agent I selected. When the transaction closed, we had negotiated a price concession roughly 10 times the credit that was offered plus valuable nonstandard terms. I don’t think the listing agent understood what was given in terms. My agent more than earned his commission. The listing agent was paid a very small commission for the size of the transaction. My opinion is that the seller made a costly choice by selecting an agent based primarily on commission.

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Rental fraud finds home online

Based On my experience and observations of others, the issue is not whether to use a buyer’s agent. The issue is which buyer’s agent to use. In my own last purchase, the listing agent offered me a credit not to bring in my own agent. I told him thanks, but I would use an agent I selected. When the transaction closed, we had negotiated a price concession roughly 10 times the credit that was offered plus valuable nonstandard terms. I don’t think the listing agent understood what was given in terms. My agent more than earned his commission. The listing agent was paid a very small commission for the size of the transaction. My opinion is that the seller made a costly choice by selecting an agent based primarily on commission.

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