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Can Realtors tell buyers about other offers?

Can Realtors tell buyers about other offers?

A: With your written permission, the Realtor should be able to tell each purchaser about the other offer. Your Realtor is to be obedient as long as it is within the scope of the law.

Can a buyer be represented by a listing agent?

As a buyer, the option to be represented by an agent is yours. However, if you are actively looking for a home, consider getting a buyer’s agent. The listing agent represents the best interest of the seller, says Michael Chadwick, a real estate agent with Citi Habitats in NYC.

What to ask an estate agent when buying a house?

Steve Kay from Home Inspection says that asking an estate agent pertinent questions will give the buyer a great deal of insight into the property. Why is the owner selling? Exactly what is included in the sale?

How does a realtor work with the seller?

No surprises, understand ahead of time how to pay the realtor. Typically listing agents work under split commission. When the seller pays a listing agent, for example, 6% commission, that agent will split it with the agent who brought the buyer to the home. However, fees should always be negotiable.

What kind of commission do real estate agents get?

Typically listing agents work under split commission. When the seller pays a listing agent, for example, 6% commission, that agent will split it with the agent who brought the buyer to the home. However, fees should always be negotiable. Now’s the time to get started selling a house, but it’s not time to stop asking questions.

Can a realtor represent you and the buyer at the same time?

Dual agency is probably one of the worst things a Realtor can do for a client who wants to sell their home. With dual agency, the Real Estate agent attempts to represent you, the seller, and the buyer, all at the same time, which is technically impossible.

Steve Kay from Home Inspection says that asking an estate agent pertinent questions will give the buyer a great deal of insight into the property. Why is the owner selling? Exactly what is included in the sale?

Which is the best questionnaire to ask a real estate buyer?

This helps you prepare the presentation and tailor the questions to their needs. This is called the Pre-Meeting Questionnaire and is best used in electronic form. Next, when I meet with the buyer, I will go over the interview questions in detail and continue to ask probing questions.

What happens if you use a real estate agent?

If you did sign a buyers agent agreement you could end up paying her a commission on the home you purchase.