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BUYING YOUR HOME

Considering buying a home & want to know what how much my services are to represent you as a buyer?

FULL REPRESENTAION

3%

  • 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

Prior to viewing every property, we will submit a "DISCLOSURE OF COMPENSATION" Form 770 to negotiate & confirm what compensation the seller is agreeing to offer a Buyer's Agent. 

Per National Association of REALTORS: Buyers are required to sign a written Buyer Agency Agreement before touring a home.

I do NOT offer showing appointments to buyers who are not pre-approved AND have not submitted a pre-approval letter.

 

At this time I only offer Exclusive Buyer Agency.

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. I do NOT offer $/% of seller offered buyer agent commission toward buyer closing costs.

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.

How Is the 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.

What's changing?

  • NAR has agreed to put in place a new rule prohibiting offers of compensation on the MLS. The change will go into effect in mid-July 2024.

  • After the new rule goes into effect: 

    • Listing brokers and sellers can continue to offer compensation for buyer broker services, but such offers could not be communicated via the MLS.

    • MLS participants acting for buyers would be required to enter into written agreements with their buyers before touring a home.

    • These agreements can help consumers understand exactly what services and value will be provided, and for how much.

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