A buyer's agent represents the purchaser in a real estate transaction, helping them find properties, evaluate them, negotiate, and navigate the close, in exchange for a commission.
Log in to followFirst rental coming and I've been reading everything, which means I've read about forty articles saying the NAR settlement was going to end the 6% commission. Then I looked at wha…
Still working out where I fit in this industry, and I keep landing back on buyer representation because the work sounds like something I'd be decent at. Then I read the outlook he…
A few deals in and I've always just let the commission happen without looking at it. Now that it's a negotiated number in my agreement I want to understand what I'm actually payin…
I've now been through two brokerages' buyer representation forms, line by line, and there's language in both that deserves a plain reading. Three things I want stated plainly rath…
2.4% on a 700k purchase is 16,800. I don't think anyone does 16,800 worth of work for me on a resale house, and I say that with no disrespect to the job. So I went looking and fou…
Building a shortlist of agents to call and I've noticed that phrase on about nine profiles out of ten. Investor friendly. Works with investors. Investor focused. I can't tell if t…
Numbers first. 250k purchase, 25% down at 62,500, closing costs and reserves roughly 9k. Buyer agreement in front of me says 2.5%, so 6,250. Listing side is indicating 2% willing,…
Still building my list, haven't bought anything. An agent sent me the representation agreement to sign before she'd take me out, which I understood was the new rule. What I didn't…
I've been reading up on this for six months and this part still won't sit straight in my head. My buyer representation agreement, the one I have to sign before touring anything no…
I'm reading everything twice and this is the part I keep circling. When my parents bought, the agent had the listings and you didn't. That was the product. Now I can see every hou…
I'm slow about this stuff so please bear with me. I went to an open house and the agent there asked if I had representation, and when I said no she said she couldn't take me to se…
I've been looking at a couple of small houses in a town about an hour out. Both times the sign had the listing agent's number on it and I just called that number. Nobody made me s…
Career changing into this and I'm starting from nothing. What I pictured was an agent opening the door, you like the house, you sign, done. Then someone in another forum said the…
I'm looking at parcels, mostly 5 to 40 acres, price points from about $40k to $120k. Two agents have now more or less brushed me off, and a third said outright that she'd need a f…
First purchase, probably a small rental rather than a house to live in. I've got calls booked with three agents and I realized I have no idea what separates a good one from a bad…
Trying to get the vocabulary straight before I talk to anyone. My understanding was that there's a buyer's agent license and a seller's agent license, and you pick one. Then a fri…
Few deals in and I've hit a wall with the agent I've been using. She's excellent in the county she lives in and completely lost twenty minutes north, where the inventory I actuall…
Before the rule change, as I understand it, the offer of compensation to the buyer's broker sat in the MLS listing field and the split happened more or less automatically through…
Getting licensed and I want the cost side honest before I quit anything. What I have so far: pre-license course, about 500 exam fee, about 100 license application, about 200 backg…
We've been going back and forth on whether to add a licensed buyer-side person to our small service team rather than referring everything out. What I don't have a handle on is the…