Asked by BA buyer, Milpitas, CA • Tue Jan 1, 2008
I am planning to buy condo/townhouse and debating whether to have my own RE agent or not.
I have heard and I know that you can get 25% to 40% back from the commision that your agent gets from seller's agent(i.e 25 to 40% portion of that 3% buyer's agent gets!!).
My question is that do I need to sacrifice in quality of service from agent just bacause they know they are giving back some of their commision and hence may not work that hard fo my interest.....(I usually know what RE I am looking for and easily search in MLS by myself and have the groundwork)
Othere question is that if I have my agent, do I need to sign any binding contract with him/her ? if yes, what is the usual time length of contract and can it be voided/released in between, if either party is not satisfied ?
Thanks in advance.
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