Why are Buyer's Agent services free?
Buyer agent services are free to the buyer because the buyer's agent is paid by the seller. Buyer's agents like us are paid by the seller per terms specified on the Multi Listing Service (MLS).
Is there any Cost for using a Buyer's Agent?
No, none at all. No cost is added to the price of the home in anyway for using our services as your buyer's agent. In fact, as your representative, we negotiate on your behalf to get you the best possible price and terms.
Furthermore, the fee paid to the agent who brings the buyer (Buyer's Agent) is already stated in the contract between the seller and their agent and is set for every home on the MLS and it's paid by the seller no matter what agent sells the property. Once on the MLS under a standard Florida contract the seller must pay the fee they agreed to in the listing contract.
What are the Benefits of using us as your Buyer Agent?
1) Our Buyer Bonus Program which gives you up to $5,000 cash back at closing for existing homes listed on the Orlando Central FL MLS and up to $10,000 cash back on new construction builder homes anywhere in Florida. More>
2) If you are a first time home buyer, We can help you with our First Time Buyers Programs that in Florida can provide up to $10,000 of state funded money for the purchase of your home and low interest 30 year and 40 year loans. Contact me now for complete information. More>
3) We work to get all or part of your closing cost paid by the seller.
4) As your buyer's agent we can find out about the seller's situation and have access to private MLS comments that can help negotiate a lower purchase price.
5) We can show you any home listed by any company. And, we have access to all homes on the MLS in the Orlando and Central Florida area. We make sure you know about all of your choices prior to purchase.
6) As your buyer's agent we will provide you reports of what homes have sold in the area and what homes are currently listed so you'll know you are not over paying for a property.
7) We review with you the seller's disclosure which is a list of any known defects on the property.
8) We can recommend professional home inspectors to inspect the home for all types of defects, pest and safety issues.
9) We can usually negotiate a free home warranty on nearly any home, even very old homes.
10) We coordinate your closing requirements such as insurance, title co., home inspections, survey, Title insurance, funding coordination and other items that are needed to successfully close on a home.
Why not just call the agent on the yard sign?
The listing agent (the person on the yard sign) has a contractual obligation to get the highest price for the home since they are working for the seller under a written agreement. This is good for the seller, not so good for you, the buyer. You are better off with your own professional representation.
Is it ok just to call the agent on the yard sign to ask a few questions about the property? No, if you are working with a buyer agent you should never call the listing agent (person on the yard sign). You may unwittingly give information that can hinder a future deal or at the very least weaken your negotiating position. Always go through your buyer's agent and have them make the contact. |