Frequently Asked Home Buyer Questions
We have a 149.00 transaction fee charged at closing.
If no close, no fee. The buy side commission is
collected from the listing real estate company at closing.
home for sale vs calling my Buyer's Agent?
No, because the listing agent already has a signed agreement
with the seller regarding the commission paid regardless of
the number of agents involved. The listing agent represents the
seller and you'll likely lose money in negotiation, terms and repairs
working with someone that does not represent you.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
rep on a new home build?
Typically no. Production builders (like Fischer, Drees, Ryan, etc.)
have set aside funds in their marketing budgets to compensate
Buyer's Agents as they look to us to help bring them work.
The home cost is the same with or without an agent. The
exception to this are some high-end custom builders
that may not have a Buyer's Agent fees 'baked in the cake'.
The friendly builder's rep at the model is just that - a builder's
rep and they are not going to structure anything toward your
advantage. It's important to call your Buyer's Agent BEFORE speaking with a builder
What is a Hard Money Loan?
This is often used by investors for quick buy/flip properties. A hard
money loan can often be obtained within a week! They are provided
by individuals or companies not banks or mortgage lenders. They
are high interest and short term.
