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David

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  • 3 Answers
  • 3 Listings
Agent
About:
I am a Licensed Real Estate Salesperson and a Certified Buyer Representative (CBR), working in the New York City area. I am also a personal real estate ... show more
David answered:
I think you really need to look at both of the transactions differently. You should not try to package both of them with related commission structures... You should use the same agent if you feel comfortable doing so. Interview the agent who is selling your home on their skills as a selling agent... Ask questions about past sales, marketing methods, and so on.... The commission in my opinion should be the last thing you discuss.... Stay away from discount brokers who offer low commissions.. They will not be able to attract the most qualified buyers if they do not pay a decent wage to the other agents in the area.... If they do not offer a decent commission split, less agents will show your home... That will hurt you in the long run.... Now as far as using your selling agent as a buyers agent, that would be okay... However you should interview your agent in respects to their buyer representation skill. Ask them if they have a buyers designation, such as ABR or CBR. These two designations require comprehensive courses in becoming a Buyers agent.... Additionally a good buyers agent will be able to find you the best possible house for the money you have to spend... and the best part... most of the time they get their commission from the sale not from your pocket... - Wed Dec 3 2008, 06:44

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