is a buyers agent worth it?
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Many people significantly benefit from advocates if they are time poor, after a specific type of property or trying to grow their real estate portfolio. There is no doubt a buyer's agent can bring value to the buyer, saving them time and money although most real estate transactions are done without one.
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Not all mortgage brokers are good or bad, and the same is true with banks. However, one benefit of using a broker is that the experience is probably a lot more consistent because it's just one person (and their team), as opposed to a large bank with thousands of employees.
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The exact percentage depends on the terms of your listing agreement, and sometimes you can negotiate it downward. Assuming your real estate agent has agreed to a 6 percent commission, he typically receives 3 percent of that, and the buyer's real estate agent also receives 3 percent.
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Some agents charge a per-hour fee when they're planning a trip, and agents can earn commission on some of their bookings. ... When you factor in the time it saves you, travel agents might be worth the cost.
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You see the dirty little secret is that open houses work great for real estate agents! They are the perfect opportunity for a real estate agent to shake hands and meet people. Not everyone who walks in the door is a buyer for that home, but they could be a “prospect” for other houses.
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Selling a home can be done with or without a real estate agent. ... You may also find that buyers will want you to lower your sale price because they know you do not have to pay a commission to a real estate agent.
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Real estate agents are remarkably happy people. A whopping 53 percent of agents claim they are “very happy” with their lives, while only 33 percent of Americans can say the same. This means that real estate agents are 60 percent more likely to be very happy with their lives than the average American!
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Yes. The actual sold prices are accurate as they scrape public data sources for this info. It often takes a while for this data to get updated to zillow, but is as accurate as the source they got it from.
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The advantages are that your property is marketed to more potential buyers and you get more than one real estate agent working for you. ... “Buyers will go to the other agents to see who is quoting the lowest price and the buyer will then make their offer via that agent.
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Real estate agent leads sold by Market Leader can cost between $20 and $60, although pricing can vary by ZIP code and market conditions. You'll need to call Market Leader for specific pricing in your market.
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If the home is for sale by owner, then drafting the purchase agreement might become the responsibility of your real estate agent. If you're not using a real estate agent, then you and the seller have a couple of options: Hire someone to draft the agreement.
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Zillow Premier Agents enjoy a lot of benefits. Yes, leads in your inbox, but in addition to that you get a bunch of other perks. Fantastic exposure on Zillow and other Zillow platforms, an IDX website, a CRM, and exclusive ad placement options, just to name a few.
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No! Zoopla valuations can range from wildly inaccurate to uncannily on the money (and everything in-between). Never rely on what Zoopla says a property is worth.
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Buyer's agents won't be around much longer. That's what Kerry Grinkmeyer, a retired financial advisor who now works as a luxury listing agent, predicted on a recent Real Estate Rockstars podcast. According to Grinkmeyer, buyer's agents will become obsolete in the United States within the next five years.
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The Bottom Line In an ideal real estate world, the listing agent represents the property seller in marketing and selling their home. On the other hand, a selling agent will represent a property buyer in finding and purchasing the right home.
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The bottom line is, if you believe your agent is totally wrong about what he or she thinks your house should sell for or if you're selling without a broker altogether, then by all means, get an appraisal. Otherwise, hold onto your checkbook and leave it to the buyers to get their appraisal.
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Generally, if you are selling you are likely to be buying at the same time. ... Speak to agents before you put your property on the market to understand how long it will generally take to sell a property in the local area and which properties tend to sell faster.