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What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.
Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
What is a buyer-broker agreement?
Buyer-Broker Agreements Better stated: If you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined:One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker
What is the work of a real estate broker?
The real estate broker runs the brokerage. He or she hires agents, fires agents, and runs the business. The following answer is not true, and it is not mine. His duty is to find the buyer and seller from the market and make a deal between them he is like a bridge between seller and buyer.
How much is real estate brokers commission in Ohio?
The normal real estate brokers commission is around 3 percent. Some function as both seller and buyer brokers and make 6 percent.
What is the average real estate commission in Florida?
In Florida, real estate commissions is being negotiated between the principal (seller or buyer) and real estate broker during exclusive listing appointment or when representing a buyer through an exclusive buyer's broker agreement.
Can a real estate broker waive his commission to another person?
A real estate broker can waive a commission at will.
What is a principal real estate agent?
A person with a state/provincial license to represent a buyer or a seller in a real estate transaction in exchange for commission. Most agents work for a real estate broker or realtor.
When does real estate agent earn commission?
The real estate agent earns the commission for selling a home or for representing a buyer who has a completed the purchase and sales agreement and ultimate closing on a piece of real property. The commission is paid to the broker of record at the closing, or settlement in some states, has occurred.
Can a real estate brokers commission rate vary?
Yes, the commission that a real estate broker earns can vary depending on the type of broker and his or her contract. Many brokers can even waive their commission in some cases.
Is a real estate broker still entitled to a commission after an offer is rescinded?
no
What is net listing in real estate?
A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.
Does a real estate broker still have to pay a commission to a real estate agent if they change offices before the transaction closes?
that completely depends on the agreement between the broker and the agent.
Who is the Transaction Broker in real estate?
A transaction broker, however, remains legally neutral, and can assist the buyer and the seller in a transaction.
How much is real estate brokers commission?
Commission rates are not fixed and are negotiable but generally range from 5% to 7% of the sales price. The commission is usually split between the buyer's agent and the listing agent, unless only one agent is involved. Real estate commissions and transactions vary from state to state, broker to broker and even locations within states can be different. Obtain the information in the local market to be precise.
A real estate broker sold your house for 189000 The broker's commission was 4.5 percent of the selling price How much would you get for the house after the commission is paid?
$180,495
What is a buyer-broker agreement?
Buyer-Broker Agreements Better stated: If you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEEYOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined:One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker Buyer-Broker Agreementsdefined and re-defined: One of the surest way to minimize: One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings in business, is via a written agreement, officially known as a Contract. In this case a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services.One of the surest way to minimize the likelihood of unintended conflicts of interest and misunderstandings when buying real estate is through the use of a written agreement, officially known as a Contract. In this case, a "Buyer Broker Agreement [Contract]." Simply stated: a Buyer-Broker Agreement [Contract] is nothing more than a written instrument between you and your broker, spelling out the duties and responsibilities of the broker, and its payment of its broker's commission [compensation] upon the purchase [by you] of a property. In other words: who pays what, where and why; when you finally buy a real estate property. But, equally as important to a buyer, is to become familiar with, and insist on, your buyer-broker fulfill their duties as your broker, that extend far beyond the color of ink on the contract. That is, if you are the market for a real estate property, you owe it to yourself, and your loved ones, to know the difference between a traditional [seller's] broker and our [buyer's broker] services. Better stated: Just as you wouldn't use your spouse's attorney when filing for divorce, neither should you use a traditional [seller's] broker when buying real estate. Why? Just like your spouse's attorney, traditional [seller's] brokers have a legal obligation to other side's [seller's] best interest and not yours [the buyer]. Unless agreed to [in writing] the traditional brokers mentioned above work for the seller's best interest and not the buyer's. In other words, NOT using a buyer's-broker would be like using your spouse's attorney when filing your divorce. Be sure that you Buyer-Broker can guarantee you they: * Will NEVER list properties for sale (or work for a broker who does!) * Will NEVER represent sellers * Will ONLY represent buyers like YOU * Will GUARANTEE YOU'LL SAVE MONEY * Finally, WILL find you the best home at the lowest cost! Brought to you by:www.thefreenotary.com(718) FREE-NOTARY / 373-3668 and Angel L. Cruz,New York CityLicensed Real Estate [buyer] Broker
