My husband and I found an apartment for sale (which we very much want to buy) by looking through the NYTimes real estate pages. We contacted the agent representing the listing and went to an open house. Basically, to make a long story short, we do not have our own agent/broker and would like to make an offer on the apartment. Do we need an agent to represent us? And if we do, how does the agent get paid for her/his services?
yes, the agent gets paid. No you don't NEED one per se, if you know what you are doing.
Attend open residences. Also, select up the nearby truly property books that they deliver out at no cost. Find a couple of residences you favor and speak to the directory agent and ask to peer the condominium. That will deliver you a hazard to satisfy a couple of nearby marketers and notice if there may be any person you mesh good with. We used Remax with our final acquire/and promote. However, I could now not base my determination on a special organization identify....each and every realtor is exceptional and distinctive. Try to stay with a organization that has a extra good recognized identify (none of the ones discounted costs areas or tiny firms) so you realize you're getting probably the most correct knowledge feasible. If feasible, it could be pleasant if the agent was once practically your age, in order that they are able to relate to why you're watching for special points or places, and will larger foresee different houses that can be best for you that might be you're overlooking as being rather unfamiliar with the discipline. Good success! Look at a few residences earlier than making any presents!
The listing agent represents the seller and it's their job to get the seller the highest price. A buyer's agent will assist you in getting the best price. Your agent would be paid from the listing agent. That said, did you register at the open house? If so the listing agent could claim he/she is the procurring cause of the sale and is entitled to the commission. However if you didn't register, then by all means get your own agent, realtor.sailor
You may obtain a real estate agent if you desire. The agent you would select is paid through a commission by the seller through a contract that he signed with the listing agent. This listing agent would split this commission with the buying agent that represent you. There are conflicting opinions about having a buying agent. There are those that swear that a buying agent is necessary in the transaction because the selling agent is bound by some legal means to tell the sellers anything you as the buyer divulge to them, thus placing you in a precarious position. Then there are those that is of the mind that it makes little different if you represented by the selling agent. The ultimate goal of this real estate agent is to get the property sold,thus eventually getting paid. I am sure this real estate agent would do nothing illegal to cause a loss of commission. You would have to make this decision, however, since you are not paying for the services of this buying agent there might be a slight advantage in having this individual working directly on your behalf. You may make your offer through your buyer's agent that you contact and eventually would be required to sign an agreement with. If you are unable to purchase this property, your buying agent might be instrumental in assisting you in locating another to purchase. You should locate a local mortgage broker that does FHA and VA mortgage loans to get yourself pre-approved to purchase a property. I hope this has been of some benefit to you, good luck. FIGHT ON
