The reality is......IT DEPENDS ON THE PROPERTY YOU CHOOSE!
97% of the time, the buyer does not pay ANY professional fees. All professional fees are paid by the seller. Both agents are paid by the seller. You will pay fees related to your financing AND to meet other requirements your lender imposes. Chat with your real estate professional.
In many parts of the country, there is an EXTREME shortage of suitable housing stock. The 97% homes you look at won't meet your expectations.
The temptation to wander into:
*Discount brokers, (homes listed by)
will put you in considerable jeopardy. You can end up paying all the professional fees as well as other ambush fees. Chat with your real estate professional.
Rey and Robert has provided a direct phone number. Do yourself a real favor. Call Rey or Robert
NO, don't use that 'contact' link
No, don't use Trulia email
If you are serious, go old school and call Rey or Robert..
Best of success to you,
Remax Realtec Group
Palm Harbor, FL
Only YOUR Buyer Agent has YOUR best interest at heart and a fiduciary duty only to YOU. The Seller's Agent works only for the Seller and has a fiduciary duty only to the Seller.
You may find yourself better-served by working with only one Realtor-member Broker representing your interests via contractual agreement: the "Exclusive Right To Represent Agreement" (ERR), which is a bilateral, negotiable agreement (consult an attorney if you require further explanation on contracts).
As for fees (commission), that would be something that YOU would negotiate with YOUR Buyer Agent (Broker), and could be as simple as [YOUR Guarantee] to your Broker of meeting a minimum percentage point of the sale price paid to YOUR Broker - which, often times (but not always) falls within what YOUR Broker [will be paid] by the Seller's Agent (via the listing agreement) at closing - resulting in no commission payment to YOUR Broker by YOU (additional disclosures also exist regarding compensation by more than one party - something YOU'LL need to know about, should you wish to compensate YOUR Broker).
Please be certain to read and understand the "NYS Disclosure Form For Buyer And Seller" document presented to you at the time you interview an Agent (THAT is not a contract, but a unilateral disclosure form).
Please also be certain to fully understand the "ERR" agreement before signing it.
Best Wishes for a Successful Home Search! :-)
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
#1 Listing & Selling Brokerage in NY
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
Ask your buyer's agent for the State Agency Disclosure and make sure you understand what services you are getting. If you need Assistance...AskRey.
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Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville
We're looking for more agents & offer commission splits up to 80% with no fees.
If you know anybody who might be interested, I'll pay you up to $2,000 each for your agent recruits.
Robert Granata, Associate Broker
521 California Road
Bronxville, NY 10708
Direct Line 914 668-9514
FAX 914 307-1684
Recipient of the 2010, 2011 and 2012 Five Star
Awards for customer satisfaction
For the latest in Real Estate Industry news click on this link:
Accredited Buyer Representative
914 406 9023