Nicole Friedman
speaker
798 appearances
16 recordings
1 series
first heard Aug 2017
last heard Dec 2024
Nicole Friedman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
The typical way of paying an agent is as a percent of the sale price.
But there's some theories that going forward, more buyers might want flat rates or hourly rates or other types of pricing models.
it could come from a couple of different places and so the buyer is the one who signs this agreement and that does mean that the buyer could ultimately be on the hook for the money which is why buyers should really read these agreements carefully and think through what they think the value is of the agent services and how much they want to pay for that but buyers can ask the seller
to cover the cost of the agent, or in some cases, sellers might proactively offer to cover that cost.
And so it's not expected that buyers will universally pay their agents.
There are probably many situations in which sellers will continue to cover that cost, but buyers should think about this when making these negotiations and having these conversations as if they might ultimately be the ones responsible for that cost.
When sellers list their homes using real estate agents, the agents put all of the information about the home and the listing price and the description into a multiple listing service, which is a local database for home listings.
And historically, multiple listing services included in the listings the amount that
that was being offered to the buyer's agent.
And that is no longer going to be available in the MLS.
And so if a seller wants to cover the cost of the buyer's agent or not, that's still up to them and they can still make that offer.
But they can't include that information anymore in the MLS.
Exactly.
So buyers can always ask for that information.
And when a buyer puts in an offer, regardless of whether the seller is making an upfront offer to cover the cost of the buyer's agent transaction,
the buyer can always ask for it.
It's maybe the same as asking for a new roof or asking for some repairs.
Buyers can always ask for various things as part of their offer.
And going forward, it's expected that more buyers will put that in the offer.
Say, I'll pay this certain amount for your home, and I would like you to pay this certain amount to cover the cost of my agent.
Showing 61–80 of 798 · page 4 of 40
← Previous
Next →