Asked By: Herbert Nelson Date: created: Dec 12 2020

Is it bad to use the same Realtor as the seller

Answered By: Gordon Jenkins Date: created: Dec 14 2020

Buyers can catch a break on Realtor commissions if both sides are using the same agent.

The biggest advantage may not be saving money, but the possibility of having a leg up on other buyers by having the seller’s agent know what the other offers are and helping you make the best offer..

Asked By: Logan Lee Date: created: Dec 23 2020

Is buyer’s agent worth the money

Answered By: Louis Perry Date: created: Dec 23 2020

While a buyer’s agent has the potential to save you money, there’s no guarantee they will – or even can – save you money. A buyer’s agent securing a better deal on the purchase price ultimately comes down to how flexible the price is, and the agent’s ability to negotiate.

Asked By: Gordon Barnes Date: created: Jan 18 2021

Can agents lie about other offers

Answered By: Kyle Rivera Date: created: Jan 18 2021

As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer if requested.

Asked By: Lawrence Perez Date: created: Sep 13 2021

Do Realtors get paid for showing houses

Answered By: Walter Sanders Date: created: Sep 16 2021

Realtors get paid on a commission basis, usually 5 to 6 percent of a home’s sales price, which is split between the listing broker and buyer’s agent. … Then when the home is sold, the seller’s agent splits the listing fee with the buyer’s agent. Thus, buyers aren’t on the hook for any costs, just the sellers.

Asked By: Walter Walker Date: created: Oct 17 2020

Is dual agency good for the seller

Answered By: Owen Martinez Date: created: Oct 18 2020

To protect your finances and ensure you are selling or buying at the best possible price, it is probably best to avoid dual agency. Buyers or sellers may be inclined to work with a dual agent because they want to obtain confidential information about the person buying or selling the home.

Asked By: Connor Watson Date: created: Jan 16 2022

What is not a smart way to negotiate

Answered By: Devin Nelson Date: created: Jan 18 2022

Add a personal letter to your offer is not a smart way to negotiate. This answer has been confirmed as correct and helpful. Log in or sign up first.

Asked By: Herbert James Date: created: Dec 21 2021

Can you represent yourself as a buyer’s agent

Answered By: Michael Hernandez Date: created: Dec 21 2021

@Maxwell Milholland Yes, you can represent yourself in a transaction for a home you are buying or selling. Just make sure everyone involved in the transaction knows you are a licensed agent.

Asked By: Aaron Ross Date: created: Jan 04 2022

Does the seller pay the buyers agent

Answered By: Jake Peterson Date: created: Jan 07 2022

Typically, you do not pay a fee to a buyer’s agent. The selling agent has a contract with the seller for a commission. If a buyer comes to them with their own realtor, then the selling agent splits their commission with that realtor. … In many parts of the country, the buyer’s agent is paid from the seller.

Asked By: Christopher Hill Date: created: Jan 15 2022

Does a buyers agent represents the buyer and the seller’s agent represents the broker

Answered By: Colin Coleman Date: created: Jan 15 2022

Agent Representing Both Buyer and Seller A real estate agent, either acting directly or through one or more salespersons and broker associates, can legally be the agent of both the Seller and the Buyer in a transaction, but only with the knowledge and consent of both the Seller and the Buyer.

Asked By: Oscar Flores Date: created: Feb 08 2022

Is it better to be a buyers agent or a sellers agent

Answered By: Reginald Perez Date: created: Feb 08 2022

As a listing agent you control your time better. As a sellers agent, you set the timeline for your appointments, open houses, inspections and showings. Most of a buyer’s agent day is spent on nights and weekends when their clients have the time to look, but sellers agents can set a more normal schedule.

Asked By: Michael Phillips Date: created: Jul 25 2021

Can buyers and sellers talk to each other

Answered By: Chase Hayes Date: created: Jul 26 2021

Can A Buyer And Seller Communicate Directly? While it is unethical for a REALTOR to speak to another agent’s client, there is nothing wrong with a buyer and seller communicating directly. They are not held to the same ethical standards. It is completely ok for a buyer and seller to directly speak to each other.

Asked By: Connor Murphy Date: created: Dec 21 2020

Do buyers ever meet sellers

Answered By: John Simmons Date: created: Dec 21 2020

You Might Never Meet the California Home Seller in Person California law doesn’t require the buyer and seller to physically come together at the closing table, or ever deal with each other face to face. … Some states require that the buyer and seller both physically attend the closing or settlement.

Asked By: Cameron Kelly Date: created: Dec 26 2020

Do listing agents make more than buyers agents

Answered By: Carl Anderson Date: created: Dec 26 2020

You’re right: There’s a strong misconception that the listing agent receives all, or the majority of, the commission. As you note, the buyer’s agent and seller’s agent each receive about 25 percent of the commission that’s paid, or 1.5 percent on a 6 percent commission. … But usually the commission is split equally.

Asked By: Sebastian Edwards Date: created: Oct 24 2021

What is a seller’s agent commission

Answered By: Gregory Jones Date: created: Oct 25 2021

The total exact commission percentage can vary, but it is generally around 5–6% of the property’s final price. … The typical amount is 2.5–3% of the final price. For example, if a house sells for $150,000, a 5% commission would be $7,500. The listing agent and buyer’s agent would both receive $3,750.

Asked By: Nathaniel White Date: created: Mar 16 2021

Who is a seller and a buyer

Answered By: Nathan Johnson Date: created: Mar 19 2021

a)Buyer: means a person who buys or agrees to buy goods. b)Seller: means a person who sells or agrees to sell goods.

Asked By: Xavier White Date: created: Nov 09 2020

What does a buyer agent represent

Answered By: Alan Clark Date: created: Nov 12 2020

A buyer’s agent is a real estate professional who is legally licensed to represent the buyer and their interests in real estate transactions; that means they represent you, as opposed to a seller’s agent who has the seller’s best interests at heart.

Asked By: Michael Lee Date: created: Feb 01 2022

Do you tip your realtor

Answered By: Dylan Johnson Date: created: Feb 01 2022

You should not tip your Realtor, in any way. It is neither expected or considered the standard practice. In fact, some real estate agents say that gifts or bonuses make them uncomfortable.

Asked By: Alexander Nelson Date: created: Nov 26 2020

Can a buyer call the listing agent

Answered By: Matthew Henderson Date: created: Nov 26 2020

Can buyers contact a listing agent directly? Technically—yes. The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers. But there is no law or rule saying a buyer cannot contact a listing agent.

Asked By: James Griffin Date: created: Jun 22 2021

Can an agent represent buyer and seller

Answered By: Wallace Ramirez Date: created: Jun 22 2021

Dual agent – A real estate agent may act as a dual agent representing both the buyer and the seller in a real estate transaction but only with both parties’ express consent. A dual agent shall be neutral concerning any conflicting interests of the seller and buyer.

Asked By: Raymond Smith Date: created: Nov 03 2020

Can a seller refuse to pay buyers agent

Answered By: Herbert Hall Date: created: Nov 05 2020

In rare cases, a seller may refuse to pay agent commissions. … Even though sellers typically pay commissions in a real estate transaction, it’s not required. Buyers who are motivated to get an offer accepted in a highly competitive market may offer to pay the fees.

Asked By: Alex Scott Date: created: Dec 11 2021

Who signs first buyer or seller

Answered By: Jose King Date: created: Dec 12 2021

Once a real estate seller and buyer agree to terms, the seller normally signs a real estate purchase agreement or sales contract. Real estate buyers are generally expected to sign purchase agreements first, though, especially during offer and counteroffer phases.

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