A Realtor protects the interests of their Client in many ways; if we tried to list all the things we CAN do, we would forget a few.
We do Problem Solving and we do Problem Prevention.
We try to write an Offer that is advantageous to you in many ways, not just the Offering Price.
Closing Costs would be just one topic, but if it was the highest priority to you; we could do something.
Its just something as a buyers should think about.
Hope this helps.
Don Groff | REALTORÂ® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
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I just helped a client save $9000 in closing costs choosing one lender over another for example, not including the difference in interest rates.
Sometimes there are other places we can save you money as well.
$9000 seems like a lot, but could also depend on the price of the home.
We're here to assist you if you need it. Normally a buyer's agent can save you money, time, and a lot of headaches. Maybe not always, but rarely should it cost you more.
Depends on the purchase price and the rate you got.
Rates and fees go hand in hand.
Was all $9000 closing costs? Or were some of these 'pre-paids'?
Costs + pre-paids = settlement charges.
No one can answer your question with such little information.
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This is why you see buyers agents tell buyers this is no cost to them.
If you bought with a builder this is normal also they do not increase the price if you bring an agent they make more profit if you do not. The builder has a large incentive to pay the agent because they want the agent to bring the buyers they are working with to there homes.
You should have someone look at your prior closing statement to see where the fees where in order to see if your closign costs where higher than normal.
Hope this helps