How can you utilize a Realtor® at no cost?
It's simple. With any new or resale home purchase transaction, the listing agent or the builders onsite agent(s) agree to split their home-owner/seller or builder (new home) paid commission with your agent (the buyer's agent). This is often called a Realtor® co-op split. Sometimes the builder pays your buyer agent from their separate advertising fund. This commission paid is a form of advertising (or builder marketing fee) to home builders, as it encourages Realtors® to bring their buyers to the builders' new home subdivisions.
Note on new home purchases: The entire commission (usually 5% to 6%) is often retained by the onsite agent(s) or builders, if you don't have your own Realtor®. Typically, 3% of the commission is allocated to the buyer's licensed agent. If you don't have an agent representing you, the onsite agent(s) of builder will keep all the commission and will NOT reduce the purchase price of the home to you.
Note on resale home purchases: If buying a resale home that is listed with a Realtor®, the listing Realtor® will also keep the entire commission if you buy the home without a licensed buyers agent. The homeseller & their listing agent have priced and planned to include the entire commission to be paid into the "lowest possible sale price" scenario of the home.
Be savvy! Don't leave your money on the table and don't let it go unused. Read more below.
People have when visiting new home subdivisions is that they will get a "better deal" without a buyer agent since the marketing fee would not be split. However, this could not be further from the truth. Homebuilders need Realtors® to sell their new homes. Statistics show that a vast number of new homes are indeed sold through buyer agents. Therefore, if you could get a better deal without a buyer agent, the builders would alienate themselves from the buyer agents. Call one of the new home subdivisions and ask them if the price of the home is the same with or without a buyer agent. In addition, National Fair Housing laws dictate that real estate fees paid to licensed real estate brokers cannot affect the purchase price of your new home.
Resale Homes are defined as currently or previously lived in home(s), privately owned, and listed for sale. The owner or seller of that home has listed their home for sale with a Realtor® company or real estate brokerage, such as RE/MAX , Coldwell Banker, Century 21, Keller Williams Realty, GMAC/Metro Brokers, Chapman Hall Realtors, Prudential Realty, Jenny Pruitt & Associates, Harry Norman Realtors or with any Realtor® of any company. The list of real estate brokerages is endless.
You have seen all their for sale signs when driving around looking for homes. You have seen all these companies on various real estate Web sites. In short, WE WORK WITH ANY AND ALL resale homes and for sale by owner homes.
Why should you select us as your resale or new home buyer agent?
- • You aren't limited to certain homes. We give the rebate to you for ANY purchase of ANY home for sale, including resale homes, builder new homes or new subdivision homes in all of Georgia. This includes resale homes that are listed for sale with ALL OTHER or ANY real estate brokerages, such as GMAC/Metro Brokers, Prudential Realty, Jenny Pruitt & Associates, Chapman Hall Realtors, Harry Norman Realtors, REMAX, Coldwell Banker, Century 21, or Keller Williams Realty.
- • We are experienced new home construction and resale home specialists.
- • We highly recommend a licensed home inspection before contractually obligating yourself to the home. We have some we can refer or you may use your own.
- • We negotiate your home inspection on your behalf and contractually with the builder or seller. There are endless repairs, defects, and hazardous conditions that will be found by an Inspector. If not addressed properly and upfront, they will cost you in the long run; especially when you try to re-sell the home. These overlooks & pitfalls can cost you thousands of dollars after you take ownership or in the future. Remember, when you sell this home in the future; the buyer will have your home inspected and ask for repairs too!
- • We make sure these defects & repairs are eliminated and not your expense before you buy this home.
- • We will protect, promote, and fight for your best interests throughout the entire negotiations and contractual process.
- • The listing agent for resale homes represents the seller's best interest. The onsite agent(s) for builders represents the builder's best interest.
- • We work in person with you, over the phone with you, we give personal attention to you, and we represent only your best interests!
- • WE GIVE YOU A 1.5% CASH BACK BONUS TO YOU REGARDLESS OF THE PURCHASE PRICE OF THE HOME YOU CHOOSE TO BUY.