A agent has told me I must come in the office to pay 275.00 before agent shows me a list of three condos Ive found in lakewood, Is this normal?

Asked by bobeez, Lakewood, OH Mon Feb 11, 2013

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6
Scott Godzyk, Agent, Manchester, NH
Tue Feb 12, 2013
NO it is normal to have to pay before seeing homes. Do yourself a favor and hire a good buyer broker who can guide you through the process and charge NO up front fees.
1 vote
Michele Katz, Agent, Lakewood, OH
Tue Feb 12, 2013
This is not normal. A buyer is able to view any property they like at no cost. My company specializes in this area. We are located in The Carlyle which is down the street from this building. Please call and talk to any of our agents.

Michele M. Evans-Katz, AHS
Accredited Home-Staging Specialist
Condominium Specialist
Richard Katz Realty & Condo Realty
Office in the Carlyle
12900 Lake Avenue
Lakewood, Ohio 44107
216/221-8500 - Ofc
216/299-0083 - Mobile/VM
0 votes
Cecilia Sher…, Agent, Rocky River, OH
Tue Feb 12, 2013
There are different types of agents and brokerages. Some brokers have "Exclusive buyer agreements" basically locking you to them for a certain amount of time. I only know of a couple in the Cleveland area. We never charge our buyers any fees at all including transaction fees, or processing fees.

We'd be happy to help you with these properties or any others you may want to see. Feel free to contact us anytime...

Cecilia Sherrard & Andrew Ginter
RE/MAX NE Ohio
440-781-8737
http://www.YouShouldOwn.com
Web Reference:  http://www.YouShouldOwn.com
0 votes
Annette Law…, Agent, Palm Harbor, FL
Tue Feb 12, 2013
No, it certainly is not normal in Florida, and as others have stated, apparently not normal in Ohio.
But shouldn't it be?
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How did the expectation become established that an agent would invest the time and resources to tour a citizen around the community - FREE?
Many business oriented agents DO require a prospective buyer to sign a exclusive buyers agreement.
Would you do that?
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A $275 fee would establish a commitment on your part AND if credited to you when you purchase should result in no cost to you. Would that not be acceptable?
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It appears one agent in a brokerage in Ohio is conducting their enterprise as a real business rather than a hobby. Only in real estate is a citizen permitted to use time and resources of a real estate professional with an expectation it is FREE. Perhaps this practice of 'giving away' our help should end. But, that would take courage.
0 votes
Kevin Davey…, Agent, Avon, OH
Tue Feb 12, 2013
Some agents and brokers charge a transaction fee but that should never be paid until closing. A pre-approval from a lender is the only thing one should ever need before going out to look at homes. We never charge transaction fees as our fees are always taken care of by the seller. Feel free to call if you'd like to take a look at these condos. 216.543.8916
0 votes
Maggie Robin…, Agent, Lakewood, OH
Tue Feb 12, 2013
No!!!!!!! Only thing you might be asked is to get a preapproval before you shop. No money is Ever required!!!
0 votes
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