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Making an offer doesn't cost a penny. And, there are no real estate
commissions to pay either.
Since a Buyer's Agent fee is built in to the purchase price of a home
and disbursed at closing, like any other real estate fee, there is no
additional cost to use a Buyer's Agent. As a matter of fact, if two real estate
agents are involved in your sale (co-broke) and you do not request that the
agent showing you the home represents you, you miss out on a valuable
opportunity. You can gain the advice and counsel of the agent who would
otherwise have to put the sellers interest first, simply by choosing to work
with a Buyer's Agent.
Studies show that professional Buyer Agents save buyers money in terms of
time and negotiating power. In addition, their up front, intensive research
helps to eliminate costly mistakes. Many also arrange discounts on inspections
and other real estate services for their clients.
A Buyer Agent has an obligation to show you the entire inventory including
the MLS, for sale by owners, bank owned properties, auctions and new
construction. Professional buyer agents have created a referral network of other
real estate related experts who support buyer representation. They include
attorneys, mortgage consultants, appraisers, engineers, architects, contractors,
and home inspectors. The job of a buyer agent is not to "sell" but to serve the
buyer with representation services. A buyer agent helps consumers make informed
decisions.
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