DATED INFO - AUG 2024
In the world of real estate we have had certain system for decades. In this system the home sellers paid one large chunk for commission and it was split between the firm reprepsenting the seller and the firm representing the buyer.
The system has been shaken up:
#1 - this commission percentage has always been negotiable, but many firms and agents didn't reveal that.
#2 - Washington has been on the front line of transparency and developing better forms so that buyers and sellers could see how agents could paid and where it was negotiable.
#3 - it is now possible for sellers to pay $0 and 0% toward the buyer's agent's (and the firm's) compensation.
Buyers and their agents have to have longer conversations up front about the services that are agreed on, the time frame agreed on and more.
Listen to this episode before AND after interviewing an agent to help you buy a house. This will give you more vocabulary to find out how that agent is equipped to help you and advocate for you.

To get started in your home buying journey, I'd love to interview for your business!
⁠www.nickierobbshomes.com⁠
⁠[email protected]⁠
253-226-5213

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