How much hours ( average) a buyer’s agent spends from starting to closing of a house by looking at last 10 settlements? Why not an agent can not work on hourly rates? I think all agents should consider working on an hourly basis rate. They should get paid for actual hours they work not a % of the settlement price .
You can always submit an offer or counter offer, with a buyers agent commission different than what a seller is offetring. I've seen this happen before..
I am selling my house as of June 2024 and my broker said I am responsible to pay 4 % as a seller and this fee will be devided between him as a selling agent and to buyer agent but he turns around and brings in a buyer he failed t😮o ask me if I am willing to pay for buyer commision instead I was told this is my responsibility and I signed my home has a closing coming up not fair! MISLED
The bigger piece, the seller now won’t have to pay taxes on money they shift back to the buyer as a credit and the buyer can/since they’d already be paying this money since it’s buried somewhere, get a deduction. It’s just a big shell game with out $$$
You cant make more than it says in the buyers agreement. If the buyer agreement says 0%, then you get 0. And the buyers agreement has to be specific as to compensation before showing a house, meaning it cannot say whatever the listing agent is offering as seller credit/compensation etc. Just the facts.
How much hours ( average) a buyer’s agent spends from starting to closing of a house by looking at last 10 settlements? Why not an agent can not work on hourly rates? I think all agents should consider working on an hourly basis rate. They should get paid for actual hours they work not a % of the settlement price .
You can always submit an offer or counter offer, with a buyers agent commission different than what a seller is offetring.
I've seen this happen before..
I am selling my house as of June 2024 and my broker said I am responsible to pay 4 % as a seller and this fee will be devided between him as a selling agent and to buyer agent but he turns around and brings in a buyer he failed t😮o ask me if I am willing to pay for buyer commision instead I was told this is my responsibility and I signed my home has a closing coming up not fair! MISLED
I feel misled!
The bigger piece, the seller now won’t have to pay taxes on money they shift back to the buyer as a credit and the buyer can/since they’d already be paying this money since it’s buried somewhere, get a deduction. It’s just a big shell game with out $$$
What? I'd rather pay 25% tax on $10,000 rather than "shifting" it back to the buyer.
You cant make more than it says in the buyers agreement. If the buyer agreement says 0%, then you get 0. And the buyers agreement has to be specific as to compensation before showing a house, meaning it cannot say whatever the listing agent is offering as seller credit/compensation etc. Just the facts.
Buyer agreements are going away. No buyer is going to pay an agent out of pocket.
@@rack9458may have to roll it into the sales price?