Last week we explored escrow and title insurance pricing . Today’s tips are on finding your best buyers’ real estate agent and negotiating the commission.
Starting with the buyers’ realty agent, if you are going to use a real estate licensee, California law (Assembly Bill 2992) requires you to sign a buyer representation and broker compensation agreement before you make an offer on a property.
The agreement outlines the duration of the contract (not to exceed 90 days), real estate agents’ duties and responsibilities in exchange for you compensating the agent’s brokerage. Before going into the compensation deep dive, let’s first consider how to find an agent who is right for you.
If you’ve already had a previously excellent experience with an agent on the purchase or sale of a home, I