Sunday, August 22, 2010

Selling & buying home using the same realtor:What happens if I find a home(4 sale by owner)?

You would then have to just deal with the seller(s). Push the realtor to the side for that particular deal. Please let me know, if I can APPROVE your loan for you .We at Mortgage America have over 300 lenders, and 1000's of loan programs to suit your needs. eygriffin3000@yahoo.comSelling %26amp; buying home using the same realtor:What happens if I find a home(4 sale by owner)?
First, you have no obligation to buy this home through your realtor unless they introduced you to the home. So if you want, you can approach the sellers and try to negotiate a deal.





However, a realtor serves to your benefit, as they are highly experienced in negotiating real estate deals, and ensuring that you are not taken advantage of. I recommend that you ask your realtor to approach the sellers on your behalf. Usually, the sellers would agree to pay a commission (generally 2-3% of the price) to a buyer's agent. They are still saving money, because they are not paying a seller's agent.Selling %26amp; buying home using the same realtor:What happens if I find a home(4 sale by owner)?
Commisions on sales are paid out by the sellers from the sales proceeds. Since the new purchase is a FSBO, the agent need not work with you on the purchase unless you agreed to reimburse a flat fee if seller is unrepresented.

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