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Bp, Other/Just Looking in Delray Beach, FL

Realtor in delray beach who will not charge a buyer 'admin' fee?

Asked by Bp, Delray Beach, FL Mon Feb 7, 2011

I'm from out of state, about to put an offer on a condo. The agent I've been working with has ceased her relationship with me since I will not pay her firm a $295 'admin' fee. I'm looking for a realtor that will not charge this fee, accept the seller's commission, represent my interests, help me negotiate, and help monitor process to closing. Are there any realtors that would do this?

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Answers

18
Hi BP,

If you're buying a property below $50k you may have difficulty finding a Realtor because some may actually lose money on the transaction or only make a minimal amount of money. Realtors must pay a share to their broker and many pay 50% or a minimum $300 per transaction. On a $50k deal with 2.5% commission and another $300 collected by the listing agent from the buyer's agent the net commission (before the broker's split) would be $950. Then if that gets split with the broker you're talking about $475. That may not pay the Realtors gas fees for a month and if she has to cart you around showing short sale properties for months on end until she finally gets paid after waiting 6 months... Sorry to be so blunt but most Realtors cannot afford to work with buiyers buying under $75k.

Now if you're buying above $100k you shouldn't have a problem finding many Realtors who will benefit from working with you.
1 vote Thank Flag Link Tue Feb 8, 2011
I don't know how it's done in FL, but here, all companies charge the fee, because they can. The amount will vary from company to company. If the buyer doesn't pay it, it comes out of the agent's commission.

In the big picture, I wouldn't lose a deal over $295!
1 vote Thank Flag Link Tue Feb 8, 2011
Hi Bp,
I really don't know the circumstances but try not to be too hard on your ex-realtor. She probably does not have a choice since she works for a company that charges a fee. I have seen many clients walk away from a realtor for the same reason and I completely understand. I am happy to say that my company does not charge a fee and I would not be working with them if they did. If you still want to have active Delray properties emailed to you or if you are completely happy with the property that you have chosen I would be happy to represent you.Good luck either way.

Regards,
Liz

Liz Vanino
Givoni Realty Corp.
561-779-9950
lizsellsfloridahomes@comcast.net
1 vote Thank Flag Link Mon Feb 7, 2011
HI,
LIKE SOMEONE ALREADY SAID, BE HAPPY YOU ARE GETTING A GOOD PRICE FOR YOUR HOME, THAT IS IMPORTANT, DON;T SWEAT THE SMALL STUFF. lIFE IS ABOUT QUALITY NOT QUANTITY.. EXPECT SOMETHING GOOD OUT OF IT.
lISA
0 votes Thank Flag Link Sun May 22, 2011
It's surprising what some people won't do to better their business.
0 votes Thank Flag Link Fri May 20, 2011
Simply ask any agent to waive or not charge the admin fee...they will. I wouldn't focus on the admin fee...I would focus on the good deal ;) !
Web Reference: http://www.liveInDelray.com
0 votes Thank Flag Link Thu May 19, 2011
Dear BP,

I'm sorry to hear that has happened. If you need assistance still, please let me knwo and I will be happy to assist you, and represent your interest,

SIncerely yours,
Jennifer Sommers
PropertiesinDelraybeach.com
Web Reference: http://www.AgentBoca.com
0 votes Thank Flag Link Tue May 3, 2011
Each Realtor has there own business plan. Sorry to read you are having problems

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes Thank Flag Link Sat Feb 26, 2011
You have plenty of choices of good Realtors to choose from who do NOT charge an Admin fee.
I do not charge any fees to buyers. And I work like 'crazy' to get my buyers the best price, no matter what the price point- be it $400,000 or $40,000.

Marsha Montoya Mayer- Realtor
Paradise Properties of Florida, Inc
Email: marsha@mypalmbeachrealty.com
0 votes Thank Flag Link Sat Feb 26, 2011
I feel your pain!! I can assist you in your purchase.You can contact me at 561-703-2678

Peter Bodmer
Gringle, DOoherty & Wheat, Inc. Realtor
561-703-2678
peterb@gdw.net
http://www.peterbodmer.com
Web Reference: http://www.peterbodmer.com
0 votes Thank Flag Link Thu Feb 10, 2011
No not that I know of, real estate people work hard, but this charge is for brokers office, not that we can help it as a real estate agent I tried myself not to charge my own sister but I ha dno choice but to pay it.

Good luck.
Lisa
century 21 Tenace
0 votes Thank Flag Link Wed Feb 9, 2011
Peter Bodmer with Gringle Doherty & Wheat Realtors Does not charge any admin fees. Call him today at 561-703-2678 or email him at peterb@gdw.net
Web Reference: http://www.peterbodmer.com
0 votes Thank Flag Link Tue Feb 8, 2011
If you would like, you may call me and I will assist you.

Thank you

Gary Goldberg
561-929-7177
0 votes Thank Flag Link Tue Feb 8, 2011
BP,

My company does not charge the admin fee and I would be happy to assist you in the purchase of a condo. You can contact me at markdoringpa@gmail.com or 561-929-0428.

Mark Doring
West Real Estate, Inc.
0 votes Thank Flag Link Tue Feb 8, 2011
BP,

I would be most happy to work with you as your representative and not charge an administrative fee. There are many opportunities in the Delray area condominium market and I specialize in not only helping buyers identify the best properties but also in negotiating the absolute best pricing and terms.

If you have been working with an agent on a particular property you need to continue working with them as they are the procurring cause on that transaction. However, if you would like to strat fresh with someone who will provide you the very highest level of service and have your best interest at heart please feel free to contact me at your convenience.


Always at Your Service,


Tom Priester e-PRO
"Results Driven Real Estate"


Keller Williams Realty
561 308-0175
tom@tompriester.com
Web Reference: http://www.tompriester.com
0 votes Thank Flag Link Tue Feb 8, 2011
Hi BP,

Many agents will waive the "admin fee" even though their companies have one.

If you have not yet made other arrangements give me a call and I will be happy to work with you. I NEVER, EVER charge my customers and admin fee.

Nadine Mauro
Realty Hub, Inc.
561-414-0864
NadineMauroRE@yahoo.com
http://www.floridahouseseller.com/
0 votes Thank Flag Link Mon Feb 7, 2011
I will not charge you an "admin fee". I live in Delray Beach and have been a successful Realtor in the area, BP, for over 10 years. You might take a look at my blog, http://DelrayBeachHomesforSale.blogspot.com. Also see http://FLWaterfrontCondos.com and the site mentioned below.

I am a good negotiator and will explain that process and "getting to closing" as well if we are in touch.

Happy to find you THE HOME OF YOUR DREAMS.

Regards,
Marilyn Jacobs
Berger Realty Group
561-302-3388
marilynfjacobs@gmail.com
0 votes Thank Flag Link Mon Feb 7, 2011
Hi BP. I don't charge an administrative fee. I need more details on the condo you want to make an offer on. Would you please get in touch with me so that we can discuss this further? My cell # is 561-445-8743 or you may email me at Nicole@buysellboca.com.

I look forward to hearing from you.

Sincerely,
Nicole Marks Mason, Realtor
Web Reference: http://www.buysellboca.com
0 votes Thank Flag Link Mon Feb 7, 2011
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