Some Buyers believe if they contact the listing agent directly they will save the Seller money. However, if a buyer chooses not to enlist the help of a buyer’s agent, the full 6 percent (typical retail agent commission) goes to the seller’s agent. Some buyers insist they can also get a “DEAL” by going to a listing agent–this is simply not true as you are not saving the seller any commission–in fact, you may be complicating his sale. By working with the seller’s agent directly, the agent is now in a dual agency relationship and you (and the seller) have to ask if there is going to be a conflict of interest. As you can see, Buyers don’t typically get “deals” by not using a buying agent, but instead, risk their interests being hurt by not negotiating well, having conflicted representation or losing out on the deal entirely by complicating the offer. We cannot stress enough that transactions can go wrong quickly and a buyer agent’s guidance can help prevent issues before they arise. Give us a call so we can give you up to 1.5%, of the purchase price (Buyer Rebate), when you buy a home through Like It Realty!
Sound too good to be true? It isn’t – if you have questions, feel free to contact us to discuss.