Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.: June 2017

FAQ by home buyers. Who pays the buyer agent?

Attention home buyers if you are thinking of buying a house , work with a buyer agent who will have work for you and help you thoughtout the home buying pocess. Before signing the agency contract read it carefully and consult an attorney if you have questions. The agency laws for real estate vary by state and different agents may require different things. The fees paid and term of contract ar negotiable.

Read the fine print very carefully. Some contracts may have some clauses that you may not like . 

 

Q. Who pays the buyer's agent ?

ANSWER : It will depend on your contract with the agent. . If you employ me as your Buyer's agent, you do not have to pay me any thing. I will accept the fees offered by the seller's agent as mentioned in the multiple listing unless you buy a sale by owner that is not listed in mls. Then the fee is negotiable before I show you the house.. When a seller lists with an agent , the seller offers a certain amount to the listing agent and the agent signs a contract with the seller as to how the agent will split the fees with another agent who procures the buyer. This amount is mentioned in the mls . The amount is paid to buyer's agent at settlement. If you do not buy a house I do not get paid for my time and expenses. When you sign a buyer's agency contract with an agent , you should read it carefully. Some agents may mention that if the seller does not pay a certain amount, you may have to pay the difference. The term of contract and fees are negotiable. If you need legal advice before signing the contract, talk to an attorney. Please note that laws vary by state.

I am an accredited buyer representative and hold ABR designation.

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Comment balloon 10 commentsGita Bantwal • June 20 2017 03:04PM
FAQ by home buyers. Who pays the buyer agent?
share
Attention home buyers if you are thinking of buying a house work with a buyer agent who will have work for you and help you thoughtout the home buying pocess. Before signing the agency contract read it carefully and consult an attorney if you have… more
Log College Condos Warminster Township Homes sold in May 2017.
share
Home Prices in Log College Condos Warminster Township for MAY 2017 Real estate market data for Log College condos in Warminster township, provided by Gita Bantwal of Re/Max Centre Realtors Log College condos, Warminster township Home Prices … more
Warminster township Bucks county Housing Market May 2017
share
Home Prices in Warminster Township for MAY 2017 Real estate market data for Warminster township, provided by Gita Bantwal of Re/Max Centre Realtors Warminster township Home Prices We have seen several straight months of listing price… more
Warwick township Bucks county Housing Market May 2017
share
Home Prices in Warwick Township for MAY 2017 Real estate market data for Warwick township, provided by Gita Bantwal of Re/Max Centre Realtors Warwick township Home Prices We have seen several straight months of listing price increases on homes… more
Home Seller FAQ. Now that the home is under contract, can I shut off…
share
There are foreclosed homes that are winterized and this post is not meant for REOs. They have their own rules and policies. I am writing this for home owners who may have relocated or investors selling a vacant home Once the home is under contract… more
Village of Flowers Mill in Langhorne, a great active adult community
share
The Villages of Flowers Mill in Langhorne is an exciting 55plus gated community located in Bucks County. There are single homes, carriage homes (twins) and villas (quads). This is a popular active adult community in Middletown township. There is… more
June 23 is National pink Day
share
I do not know who started this or when they first named June 23 as ' National Pink day Day ' I just read it in the carrier Pigeon a monthly free magazine that I receive. Check out www. theuptightsuburbanite. com. It is interesting to see… more
June 21 is National Selfie Day
share
I do not know who started this or when they first named June 21 as ' National Selfie Day ' I just read it in the carrier Pigeon a monthly free magazine that I receive. Check out www. theuptightsuburbanite. com. It is interesting to see… more
June 20 is Ice cream Soda Day
share
I do not know who started this or when they first named June 20 as ' Icecream soda ' I just read it in the carrier Pigeon a monthly free magazine that I receive. Check out www. theuptightsuburbanite. com. It is interesting to see that they… more
Home Seller FAQ How can I sell my house without using a Realtor?
share
Attention home owners If you are thinking of selling your home on your own without the help of a real estate agent please read this post. If you have time to show it to market it, if you know the market value of your home and know real estate… more