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Home Buying in 27606 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying6
  • Home Selling1
  • Market Conditions0

Activity 6
Wed May 24, 2017
Kathy Burgreen answered:
If you have not signed anything with a realtor, you do not owe them a penny. Most realtors will have you sign an Exclusive Buyers Agreement before they show you any property. They will also ask for a pre approval from a lender or proof of funds. ... more
0 votes 1 answer Share Flag
Tue Jun 14, 2016
Shodori373 answered:
The listing agreement is between Seller and Listing Broker. Buyer is not a party to that CONTRACT. The Seller had already agreed in writing to pay the Listing Broker a commission of a certain amount, for example 7%. Whether the Buyer comes with an agent or not, it doesn't change their Listing Agreement. Buyers have no influence on the Listing Agreement or commissions paid by Seller to Listing Broker.

If the Listing Agreement is for 7 %, the seller will still pay 7% regardless of whether the Buyer has an Buyers Agent or not. Not having a Buyer's agent doesn't mean that the seller will pay the Listing Broker half or 3.5%. It is regrettable that there is so much wrong information such as that floating around.

My reply.
You are wrong... like anything in real estate negotiations can occur. If the agent wants to make a gaurenteed sale and alter this contract to exclude the money he would have paid out to a buyers agent why not do it? He is still getting his cut maybe even a little more. Would you rather get 3 percent or 4 percent but your client gets a little more cash and the buyer gets a better deal. Everyone wins.
... more
0 votes 41 answers Share Flag
Thu Feb 6, 2014
My NC Homes Team answered:
If all they responded to was the question of commission (which is their income and not yours) then I'm not sure what your concern is. The commission doesn't impact you. If they raised your offering price without consulting with you then there's a problem. If they agreed to take a lower commission which they had no obligation to do; in order for the deal to go through for you, you should be thanking them profusely ... more
0 votes 6 answers Share Flag
Thu Nov 29, 2012
Irina Bennett answered:
Lots of specials:

MCC
Downpayment assistance
USDA
FHA
Call us for details!
0 votes 2 answers Share Flag
Mon Feb 8, 2010
Jennifer Brangaccio Marks answered:
Good Morning,

I saw your old post this morning and wondered if you found a new home? Did you decide on a foreclosure? There are great homes on the market in the Raleigh area -- foreclosure or not I hope you have found a great new place. :) ... more
0 votes 16 answers Share Flag
Wed Feb 3, 2010
St. Peter answered:
Hi Jamie, because everyone's situation is different, I would suggest talking with a lender. There's just too many changes going on in the banking industry right now. If you would like it would be a pleasure to refer to someone I like a lot!

All the best and happy house hunting!
... more
0 votes 3 answers Share Flag
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