This blog post is similar to other posts I have made about real estate commissions.  Some people are under the impression that when buying a home that is listed it is cheaper to not have an agent represent you.  This is not true.  What will happen is the agent that lists the home will get 2 commissions.  They will get their commission for listing the home as well as a commission that the buyers agent would have received.  Not only will you not save money by not using an agent, but you also won’t get the benefits of having an agent represent you.  To see a list of those benefits refer to my other post about using an agent and commissions.  I have also seen agents out there not be truthful and tell potential buyers to not use their agents so they can try and get another agents commission.

Tags: Buyers agents, BUYING A HOME, Commissions, Using an realtor

Posted on Monday, October 5th, 2009 at 5:03 pm and is filed under Buy a House, First Time Home Buyers, Real Estate Agent. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.