activities, work centers, shopping centers, and schools nearby.
Your agent is responsible for ensuring inspections of the homes are complete, as well as the disclosures therein. They’re also in charge of ensuring coordination and completion is done through the roof inspector, attorneys, lenders, and all other professionals involved with the purchase of the home. If bargains need to be made over the price, you won’t have to negotiate yourself. Your agent will do that for you, along with signing the final closing documents. They will be present whenever documents you need to go through and sign any document.
HOW REAL ESTATE AGENTS ARE PAID
The National Association of Realtors® 2019 Profile of Home Buyers and Sellers states approximately 8% of homeowners opted to put their homes up for sale during 2019 without using a real estate agent or Realtor®. A handful of For Sale By Owner (FSBO) transactions dealt with sellers and buyers who previously knew each other or were directly related; 87% of buyers chose to work with a real estate agent or Realtor®, on the buyer’s side. Real estate agents and Realtors®, unlike professionals in different categories who bill by hourly rates or at the end of the project, get paid through a transaction (commission) at the end of each sale. For example, if an agent has worked with a seller or a buyer for months, they don’t get paid for the time spent if there will be no transaction during that period.
Typically, agents receive a commission once the transaction goes
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