Detailed Home Buying Process: 8 Things to Consider Before Hiring Me as your Park City Realtor.
- Buyer representation in Utah requires three legally signed documents before making an offer.
- Details on compensation and negotiating terms when hiring a real estate agent.
- Timelines and deadlines for the buying process in Park City.
- Understanding Park City’s unique real estate market conditions and complexities.
- Importance of clear communication and expectations when working with a real estate agent
Nicole, explains how she is compensated for her services as a buyer's agent. She charges a 3% commission on the purchase price of the property. If the seller's offered commission is below her standard fee, there are ways to make up the difference. One way is for the buyer to pay the difference. Another way is to ask the seller or listing broker to cover the difference. Nicole emphasizes that even though it may seem like the seller is paying her fee, the buyer is ultimately paying for everyone's fees through the purchase price of the home. She also discusses the procedure for when a potential buyer walks into an open house or new development without the realtor present. The buyer should inform the sales team that they are already working with an agent to avoid any confusion about who represents them.
Posted by Nicole Bowdle on
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