How a Buyer's Agent Works

 Why are buyers agents services free?

Buyers agents like Scott Sadlon with RE/MAX are paid by the contracted Multi Listing Service (MLS) and this fee is paid no matter what realtor sells the home. The fee paid by the seller is basically like an advertising fee for using the and having 3000+ Real Estate Agents work to sell the home or property.

Is there any Cost to use a Buyers Agent ?

No cost will be be added in anyway for using my  services as a buyers agent.

What are the Benefits of Using a Buyer Agent?

- Buyers agents should know about first time buyers programs that in FL can provide up to $17,000 of  state funded money for the purchase of your home; contact me now for complete information.

- Buyers agents can work to get all or part of your closing cost paid by the seller.

- Buyers agents can find out about the sellers situation and have access to private comments that can help negotiate a lower purchase price.

- Buyers agents can show you any home listed by any company. Buyers agents have access to all homes on the of Brevard County and can help make sure you know about all your home choices prior to purchase.

- Buyers agents will provide you reports of what homes have sold in the area and what homes are  currently listed at so you'll know you are not over paying for a property.

- Buyers agents have access to a seller's disclosure which is a list of any known defects on the property.

- Buyers agents can recommend professional home inspectors to inspect the home for all types of defects, pest and safety issues.

- Buyers agents can usually negotiate a free home warranty on nearly any home, even very old homes.

- Buyers agents coordinate your closing issues such as insurance, title co., home inspections, survey, Title insurance, funding coordination and other issues that are needed to successfully close on a home.

- Buyers agents work for you to get you the lowest price possible or other goals you may have such as getting all or part of your closing cost paid buy the seller.

Other Awareness for Buyers

The listing agent (the person on the yard sign) usually has obligation to get the highest price for the home since they are working for the seller under a written agreement. This is good for the seller, not so good for the buyer. Buyers are most likely better off using a buyers agent.

Should I call the number on the sign in the yard? No, if you are working with a buyer agent never call the number on the yard sign . You may release information that can hinder a future deal.

You should always only call the agent you are working with, they will check out the property for you and make the appropriate arrangements. Never use more than one Real Estate agent per transaction. Not only will this cause the agents problems it can result in legal issues.

Real Estate Agents have been around for over 100 years, if this was not a useful and valuable service or if it cost the buyer anything extra the service would not have lasted; most people use Real Estate agents, it's a wise decision.

I'll be happy to provide you with customer references upon request.

You may gain public access to the Brevard and search for property at www.brevardaccess.com . This is the same database all realtors in Brevard County use and it has EVERY property listed in Brevard County by EVERY Real Estate Company.

You will see our logo and my name on most listings, this is only because we are sponsoring the website as Buyer's Agents.

Sincerely, Scott Sadlon
 

How it all Works for the Seller

When a seller list a home with a realtor they must agree to pay a percent commission to the broker that sells the home. The percent the seller chooses is then written in the contract and published on the for all agents to see. This fee must be paid at closing by the seller. It's like an advertising fee paid at the end of the sale, if it does NOT sell they do not pay, but if it sells they must pay the fee. The seller also usually agrees to pay their listing agent (the person on the yard sign) a commission or a set fee and that is paid no matter who sells the home also.

Once a home is listed on the with a commission, that commission must be paid at closing no matter who sells the home. Even if the sellers agent (the person on the yard sign) sells the home that broker gets both commissions, the seller must pay the same amount.

Agents can not negotiate the commission after it's in the contract because legally it's the Brokers commission. 

The listing agent (the person on the yard sign) usually has obligation to get the highest price for the home since they are working for the seller under a written agreement. This is good for the seller, not so good for the buyer.

You may gain public access to the Brevard and search for property at

www.brevardaccess.com . This is the same database realtors in Brevard use and it has ALL property listed in Brevard County by any company.

Sincerely, Scott Sadlon