What are your thoughts on the old way vs. new way? I believe buyer agents are equally as important as listing agents. Majority of sellers that I've spoken/working with are ok with offering buyer agent compensation still as long as the deal makes sense just like before. Hope my video helps!
These new changes will cause the prospective buyer to go directly to the listing agent to buy the property. The prospective buyer does not want to pay an agents fee nor sign any contracts/agreements in order to see a house. I will not be renewing my membership in NAR when it expires.
Maybe, as some buyers already have done that in the past as they think they’ll get a better deal but the listing agent can charge more for handling a unrepresented buyer to the seller as they are handling both sides. Really just a little bit more paid by the seller would be similar to a buyer agents compensation. Sellers are still willing to offer buyer agent comp. if the bottom line makes sense just like before. If not, I’d imagine when you get into other negotiable items like inspections and fixes and special assessments…etc that the seller would be non negotiable on these too and that it may be a sign upfront that deal wouldn’t happen regardless. Signing an agreement and committing/hiring a buyers agent is easy and more beneficial. I couldn’t imagine having to go see 10 homes and dealing with 10 different agents that are really looking out for the best interest of the seller and not me the buyer. What state are you a licensed Realtor in? I think you’re selling yourself short as a professional if you think you bring no value as a buyer’s agent. Keep your head up! Cheers🙌🏼
What are your thoughts on the old way vs. new way? I believe buyer agents are equally as important as listing agents. Majority of sellers that I've spoken/working with are ok with offering buyer agent compensation still as long as the deal makes sense just like before. Hope my video helps!
These new changes will cause the prospective buyer to go directly to the listing agent to buy the property. The prospective buyer does not want to pay an agents fee nor sign any contracts/agreements in order to see a house.
I will not be renewing my membership in NAR when it expires.
Maybe, as some buyers already have done that in the past as they think they’ll get a better deal but the listing agent can charge more for handling a unrepresented buyer to the seller as they are handling both sides. Really just a little bit more paid by the seller would be similar to a buyer agents compensation. Sellers are still willing to offer buyer agent comp. if the bottom line makes sense just like before.
If not, I’d imagine when you get into other negotiable items like inspections and fixes and special assessments…etc that the seller would be non negotiable on these too and that it may be a sign upfront that deal wouldn’t happen regardless.
Signing an agreement and committing/hiring a buyers agent is easy and more beneficial. I couldn’t imagine having to go see 10 homes and dealing with 10 different agents that are really looking out for the best interest of the seller and not me the buyer.
What state are you a licensed Realtor in? I think you’re selling yourself short as a professional if you think you bring no value as a buyer’s agent. Keep your head up! Cheers🙌🏼