November 25, 2006

How We Get Paid

Consumer advocates strongly recommend that buyers hire their own agents. They further argue that a coop-fee has already been built-in to the purchase price, and therefore, there is no need for the buyer or seller to incur additional fees when the cooperating agent represents the buyer.

 
Why would a Buyer Agent want to negotiate a lower price for the Buyers?  Won't that reduce your commission?

 
The way a Multiple Listing Realtor Co-Broke normally works is that on a 5% commission* (*used as an example rate only), 2.5% would go to the Listing Agency and 2.5% to the Buyer Agency on behalf of the Homebuyers. The commission is then split again 50/50 between Buyer Agency and the Buyer Agent.

 
Thus for every $1,000 that we reduce the sales price for you, your Buyer Agent's commission will only be reduced by $12.50. It is our job to make sure that you are an extremely happy, fully educated Real Estate consumer.

 

TJ Lamb Real Estate is a real estate company providing the highest quality service for homebuyers seeking property throughout the greater Kansas City area, including all of Johnson County Kansas. To begin searching for Johnson County Kansas real estate, simply click the "Search for Homes" link at the top or bottom of this page.

Like This Article? Please Tell Others About It:

Print Comment

Leave a Comment

Subscribe without commenting

Copyright © 2007-  T.J. Lamb Real Estate - All Rights Reserved