3%
FULL REPRESENTAION
$449 COSTELLO REI BROKERAGE FEE
$500 RETAINER (FAQ Sheet)
The retainer, due upfront, shall be credited toward the Buyer Representation compensation due at closing.
Any compensation payable to the Buyer’s Agent and reflected on the settlement statement shall be reduced by the amount of the retainer previously paid.
If the Buyer does not complete a purchase, the retainer shall be retained by the Firm as compensation for services rendered prior and no additional fees shall be owed.
-
Comparable Market Analysis
-
Multiple Listing Service (MLS) Access
-
Property Showings (as many needed)
-
Showing Scheduling (as many needed)
-
Full Buyer Guidance
-
Contract Data Entry & Submission
-
Contract Offer Review
-
Residential Property Owner Disclosure Review
-
Mineral Oil & Gas Rights Review
-
Electronic Document Delivery
-
eSign Documents
-
Earnest Money Distribution
-
Due Diligence Fee Distribution (24hr)
-
Final Walk-through Attendance
-
Lender Referrals
-
Appraisal Disputes
-
Manage all Communications
-
Facilitate Offer Negotiations
-
Counteroffer Negotiations
-
Coordinate Inspection(s)
-
Repair Negotiations & Request Submission
-
Source Repair Estimate
-
Inspection Attendance
-
Inspection Scheduling & Referral
-
Inspection Report Review
-
Closing Attorney Referral
-
Vendor Access
Quick FAQS
Do I need a pre-approval before viewing homes?
Yes. I require buyers to be pre-approved by a mortgage lender before viewing homes to ensure we make the best use of time and resources.
This pre-approval step not only positions you to act quickly when you find a home you love, but it also safeguards my business by focusing our efforts on qualified opportunities. I reserve showing home to qualified buyers who are prepared and ready to make an offer on a home within the next 30-60 days.
Do I need to sign a buyer agency agreement?
Yes. Per National Association of REALTORS: Buyers are REQUIRED to sign a written Buyer Agency Agreement BEFORE touring a home. Unfortunately, I do not offer short-term buyer agency agreements.
How Is the commission fee paid?
In a typical real estate transaction, the seller pays both the listing agent's commission and the buyer's agent commission. This fee is usually a percentage of the final sale price of the home and is agreed upon in the listing agreement between the seller and their listing agent. The listing agent then typically splits this commission with the buyer's agent, who represented the buyer throughout the transaction. This arrangement allows buyers to work with an agent to find and negotiate the purchase of a home without having to directly pay for their services.
It will always be my goal to get my commission fee paid by the seller. Before touring any home, I will ask the listing agent for "Disclosure of Compensation" -- then we will decide how to proceed.
If the seller does not offer compensation, the fee must be paid by the buyer.
Please be advised that the Buyer Agency Agreement is a legally binding and enforceable contract.
In the event you choose to terminate your purchase offer and do not proceed with the acquisition of another property during the term of our agreement, I reserve the right to enforce the agreement and seek the full commission amount of 3% as stipulated. Compensation for professional services rendered is required regardless of a change in your decision to purchase.
Commission offered by seller is due to buyer agent. Firm does not offer $/% of seller offered buyer agent commission toward buyer closing costs or agent rebates.
Prior to viewing every property, we will submit a "DISCLOSURE OF COMPENSATION" to negotiate & confirm what compensation the seller is agreeing to offer a Buyer's Agent.
If the seller does NOT provide compensation to the buyer's agent, the buyer will be responsible for covering the fee.
Per National Association of REALTORS: Buyers are REQUIRED to sign a written Buyer Agency Agreement BEFORE touring a home.
I do NOT show homes to buyers who are not pre-approved, have not submitted a pre-approval letter and are not actively ready to place an offer on a home within the next 30-45 days.
At this time I only offer Exclusive Buyer Agency. I DO NOT offer "short-term" agency agreements.
This means that you, the Buyer, do not have a buyer representation agreement with any other real estate firm or REALTOR.
NOTE: Buyer understands and acknowledges that there is the potential for a conflict of interest generated by a percentage of price based fee for representing Buyer. The amount, format or rate of real estate commission is not fixed by law, but is set by each broker individually, and may be negotiable between Buyer and Firm.
Commission offered by seller is due to buyer agent. Firm does not offer $/% of seller offered buyer agent commission toward buyer closing costs or agent rebates.
It's essential for both sellers and buyers to conduct thorough research and due diligence when selecting a real estate agent/REALTOR. Take the time to explore various options and find the agent that aligns best with your unique requirements and preferences. Keep in mind that fees and service offerings can vary significantly between agents, so it's crucial to understand the specifics of what each agent provides. Fees are specific to my business only.