| Author | Message | ||
     Esscuseme Kurra Bewarse Username: Esscuseme Post Number: 1250 Registered: 03-2005 Posted From: 104.183.243.230 Rating: N/A |
nirmohammatam ga, don't even think twice. there are umpteen agents willing to work for you for business. It's win-win for them, they get business and they share commission with you. In this case with very minimal or no work for them because you already identified the property. If it is at 6%, seller agent and buyer agent share 3% each. The buyer agent representing you will share % to you. All for doing some paper work and walking thru with you till deal closes. If you go with seller agent, then you can give your offer at lower price + you get little more % from the agent. You might ask why would seller entertain you. There is advantage to seller too. Right off the bat he saves giving 1% commission (instead of 6% seller will give only 5%), thats why even though your price is lower he will entertain because he will save 1%. On top of it, as per papers he will be selling at lower price which will be beneficial for his taxes (thats a whole different subject). |