Am I Really Saving Money?
If you decide to not work with an agent, are you really saving money
?
1. The vendor has already signed an agreement with the broker for a predetermined fee. This fee is paid by the vendor not the buyer (you).
2. If you do not have an agent working with you, the listing agent is paid the full commission by the vendor, instead of it being split with your (the buyer) agent.
3. The listing agent’s priority is the vendor.
If you are visiting homes without an agent, and want to write a promise to purchase, the listing agent will have do it. You now have automatically become a client of the listing agent. Which may be a conflict of interest since your negotiator will also be representing the vendors!
Caution: Once you have called the listing agent and visited the house on your own, you cannot then bring in another agent, .
Having an agent help you buy a home will:
- Save you money
- Save you time sorting, booking and getting information
- Have better tools & information then MLS in searching for a home for you
- Protect your rights, we speak for you
- Help guide you through the process from A-Z
- Know the contracts, negotiating techniques and more…
I wrote this article because I am passionate about real estate. Would you like me to work for you? Call me 514-402-8444 or email me
Comment by Gitte Sprau-Brenner
Hello,
we have a house to sell at Pierrefonds (Montreal)but – we live in Germany.
Would you be interested in selling it for us?
If so, please let us know the details.
Thank you.
Gitte
Posted on July 14, 2006 at 5:24 am