Tag Archives: buyer agency
Even More on Buyer Agency – and Why it Matters
More stories after the break …
Blog Wayback – What is a Buyer’s Broker?
My thinking is: I am going to find you the highest quality property that meets your needs for the lowest possible price, and do it in a way that makes this transaction a positive experience for you that you will refer my services to all of your friends and family when they need to satisfy their real estate needs. (I have referred to this in the past as Raving Fan service – JD) As a buyer you should be especially vigilant that your buyer broker is really out there to assist you, and is not just trying to make another sale. Continue reading
Billable Hours, Straight Commission, Hybrid or Both?
One giant stipulation for this somewhat hypothetical discussion is this – in this make-believe world of fairies and unicorns, the buyer pays the buyer’s agent and the seller pays the seller’s agent – in other words, we have succeeded in rending total control of the buyers’ agents’ compensation from the seller and the sellers’ agents. ( hint : we’ve divorced the commissions ). … And when the agents representing the buyers have nothing to give away but conversely have to place a price on their services and actually charge their clients directly, the associated accountability will only benefit the buyer… So let’s assume that the buyer is willing to pay her buyer’s agent . Continue reading
Choosing the right buyer’s agent
Choose someone whom you trust and get along with and like – not just because you met them at an open house, or because they have a blog, or because they are your sister’s husband’s friend who is just getting started and needs a break. … 2) That house when they move (everybody moves, even if “this is the last house I am going to buy”) 3) At least one of their friends or family when my clients proselytize for me I work with Buyer-Broker agreements with my buyers for a variety of reasons – first and foremost because we negotiate my fee upfront, and I am free from the perception that I am not showing unrepresented sellers’ (FSBO) houses or those houses that are offering lower commissions in the MLS than many Realtors are used to. Continue reading
