Home Buying 101 - What the industry changes mean for you
In the past, seller brokers shared their fees with buyers’ brokers. This practice added unnecessary complexity to the way brokers were paid and stripped buyers of the ability to negotiate fees with their own brokers. As a result, buyer brokers’ fees rose to anti-competitive and fixed rates throughout the United States. The new rules empower buyers to negotiate these fees and lower the total cost of brokerage fees for all consumers. Today, Realtors are required by law to sign a written agreement with a buyer before showing a home. The agent must be clear and transparent so that the buyer understands what services they will receive as well as the cost of representation. Home Avenue Agents DO: Unlike most agents who require the buyer to pay 3% of sale price or more, Home Avenue agents charge MUCH LESS for the same or better service. Home Avenue fees are negotiable. Your agent should be focused on getting you the best deal and not getting the most money for themselves. Our Service Includes: How You Benefit:
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