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There are buyers who mistakenly believe that they will get a better deal if they have the agent who represents the seller write their purchase offer. Here is one financial reason why this may not be true.

There are many terms agreed upon when a Seller and a Listing Agent execute a Listing Agreement. One of those decisions is the amount of commission the Seller will give the Listing Agent when the home sells. Typically a percentage (versus a set dollar amount) of that commission is given to the agent who brings a buyer to the table – a Buyer’s Agent.

When a Listing Agent represents both the Buyer and the Seller, there is no need to split the commission between two agents. In some cases however there may be a Variable Commission agreement in place. This means that if the Listing Agent represents both parties (a Dual Agency) then the commission is reduced.

This means the Seller reaps more proceeds from the sale.

In the case of Dual Agency here is an earlier post I wrote on that topic. http://www.teryndowntheroad.com/2013/10/real-estate-commission/

There are reasons a Dual Agency is a benefit to both parties and I’d be happy to discuss this with you at any time as I want all my clients making smart decisions when making what most likely will be the biggest purchase and/or sale of their lives!

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The Value an Agent Brings

by Teryn on February 24, 2015

 

Home Sweet Home

In a previous career, I trained HUNDREDS of people, across the US and Europe. In real estate, I have also had the privilege of working with hundreds of people to help them buy, sell and hold real estate. Like you, I like working with clients that I would enjoy inviting to my dinner table! Real estate isn’t like buying a car where you are ‘stuck’ with the first salesman that approaches you. You have choices.

But here’s what’s funny sometimes about people buying a house.  They choose convenience over value.

Let’s say you need a lawyer because you are being sued for lots of money. Would you hire the best lawyer or would you take the one who wasn’t busy with any clients?

Let’s say you need a doctor to treat something very bad. Wouldn’t you want to work with the doctor based on a recommendation by someone you know?

As a Certified Negotiation Expert (CNE) designated REALTOR®,  here’s a very brief sampling of the value I bring to the table for you:

  • Committed to Your Results: I am a REALTOR® who is committed to a special relationship of trust, confidence and responsibility.  I am highly educated and provide expert guidance for you.
  • Negotiation Skills: My ability to negotiate and influence others should be your top priority.
  • Contract Understanding: The legal documents require in-depth knowledge and understanding to protect you from lawsuits and other legal liabilities.
  • Full Time Professional:  As a full time REALTOR® my group and I will always be available to you.
  • Training/Certifications/Designations: My ongoing education develops a higher level of expertise that ultimately gets you better results.
  • Overall Experience: My broad background and varying experiences gives me the ability to handle complex situations which  leads to better results for you.

I’m here to open the door to your dream come true!

 

 

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Looking for An Experienced Real Estate Agent

January 22, 2015

Here is a question I am often asked: How many homes have you bought and sold? In my career as a realtor, I have helped clients buy and sell hundreds of homes. As part of wealth building, I’ve also counseled clients on holding onto their property. Plus, over the course of many, many years my [...]

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Deck the Halls

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It’s the most wonderful time of the year: Time to pick out the tree and haul ornament-filled boxes from the attic. But, the next open house you have won’t be for your dear friends — it will be for potential buyers. Stay festive without crossing the line with these Frontdoor.com tips. Your yard and front [...]

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New Homeowner DIY Tips

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Buying a home for the first time  is a huge step. But learning to maintain and improve it can be both painful and rewarding. The do-it-yourself experts at The Family Handyman (www.familyhandyman.com) offer the following tips for maintaining your home that will save you money down the road. Create a homeowner’s journal. Keep insurance papers, [...]

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Out Cold

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Before the hustle and bustle of the holiday season sets in, add winter-proofing chores to your home to-do list. Protect your home from winter’s woes with these tips from RealEstate.com. Heating Basics Replace old thermostats with programmable ones that allow you to lower the temperature when you’re away from home. Turn on your furnace to [...]

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Heat Safety Tips

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As energy costs continue to rise, some homeowners are using alternate sources to heat their homes. While wood-burning stoves, space heaters and fireplaces are popular options, especially in colder climates, they can be fire hazards. FireSafety.gov offers some tips to help homeowners use these heat alternatives safely. Wood stoves made of plate steel or cast [...]

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Show time – Selling Your Home

October 16, 2014

End-of-summer sales on patio furniture might be front and center, but it might be just the right time to invest in new indoor chairs, couches or tables. Take a seat and learn how to prepare with tips from Better Homes and Gardens. Do your homework. First, measure everything. Write down room dimensions, accounting for the [...]

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A Buyer’s Guide to Understanding Title Insurance

October 9, 2014

What is a Title Insurance Policy? The policy of title insurance you receive when you purchase a home is an important document, but may buyers don’t understand what kind of protections the policy provides. Simply put, a policy of title insurance protects a buyer or lender against errors, omissions, or defects in the title to [...]

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Closing Day – Title and Escrow

October 2, 2014

The escrow closing day is the conclusion of a process which, over days, weeks, or perhaps months, has required the cooperation and energy of many professionals and the Buyer and Seller. Just prior to closing, the Escrow Officer audits the entire escrow file, provides instructions to the Title Company, and formally authorizes recordable documents to [...]

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