Sccop on Buyer Paid Compensation and Agreements

12/08/2024 18 min Temporada 2024 Episodio 12

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Episode Synopsis

In this episode, Athena Chilicas Barrocas of Coldwell Banker Realty and Julie Dinda of Radius Financial Groupdiscuss the paradigm shift of the buyer agreement in the real estate industry. They explain the three most common types of buyer agreements and the buyer's obligation of compensation to the realtor. They also discuss the impact of these changes on the lending industry and the future of real estate transactions. The conversation highlights the importance of transparency and communication between buyers, realtors, and lenders. The episode concludes with advice for buyers on understanding the terms and implications of representation agreements.