Assume you spend $300,000 on a house. The seller would then pay 6%, or $18,000, which would be shared between the two agents engaged in the transaction. Traditionally, the selling agent receives 3% of the commission, while the buyer's agent receives 3%. With $9,000 in their pocket, the buyer agent might return up to 33% of their commission (or up to 1% of the home's purchase price) to you (the buyer) at closing.
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An appraisal gap happens when the appraisal is lower than your offer. Here's how to navigate this situation as a home buyer.
An appraisal gap happens when the appraisal is lower than your offer. Here's how to navigate this situation as a home buyer.
Learn how to qualify for first-time home buyer grants and loan programs that make home buying more affordable.
Learn how to qualify for first-time home buyer grants and loan programs that make home buying more affordable.
Tim and Julie Harris share with you the exact process they take coaching clients through to build financial security and wealth. Its an interesting fact that 99% of all goals set are never accomplished. Why is this true? Add to this the fact that virtually everyone (not just agents) 'retires' broke. They are financially dependent on their family or the government (social security). Why is it in this amazing industry (real estate) when we have such incredible opportunity do so many agents financi.
Tim and Julie Harris share with you the exact process they take coaching clients through to build financial security and wealth. Its an interesting fact that 99% of all goals set are never accomplished. Why is this true? Add to this the fact that virtually everyone (not just agents) 'retires' broke. They are financially dependent on their family or the government (social security). Why is it in this amazing industry (real estate) when we have such incredible opportunity do so many agents financi.
