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If you've bought and sold homes in the past you may already understand how buyers agents get paid but I thought I would go ahead and explain. I always hate wondering about things like this so I thought it would be helpful. The seller pays my fee. Here is how.
-The seller has a listing contract with a real estate brokerage company to pay a fee for selling the house. It's negotiable but typically 5-6% in the Triangle.
-The Multiple Listing Service was invented for brokers to share their home listings with other brokers in the network and guarantee the agents from different companies would get paid for selling the home.
-The MLS is a promise (contract) by the listing real estate company to pay the selling company(who brings the buyer) a specified fee. In the Triangle this is typically 2.4%-3%. The listing company keeps the rest.
-My commission is already included in the price of the home so you don't save money if you are not represented by a buyers agent.

For sale by owner

Sellers who sell their home by owner (FSBO) will usually pay the buyers side of the fee (2.5%-3%). If the for sale by owner is listed in the MLS (they usually are),I am guaranteed that a fee will be paid, if it's not the going rate I will tell you before I show it. If you would like to see a FSBO that isn't listed in the MLS let me know. I'll call for an appointment, and have the seller agree to pay my fee and sign a compensation agreement before I show you the home. Some real estate companies have a separate buyer paid fee at contract. Usually $200-$500. My company does not charge a buyer fee.

I can represent you!

If you are moving to the Triangle and aren't sure what part of the Triangle, neighborhood, or house will be best for you and your family I can help! If you have watched my videos and think I would be a good match for you as a buyers agent just give me a call (919) 274-4365 or email me Marianne.howell@gmail.com.

COPYRIGHT © 2018 Marianne Howell Wright, Triangle Area Real Estate