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Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.
There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.
What famous antebellum mansion was known as the "Queen of Tennessee Plantations"?
A
Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard.
As a dedicated award winning real estate professional I strive to provide my clients with Service above and beyond what that have experienced before from a real estate agent. "Success Through Service" is my motto. Serving all of Northwest Bergen county, Allendale, Ridgewood, Mahwah, Ramsey, Upper Saddle River, Wyckoff, and Franklin Lakes, just to name a few. My goal is to work with my clients as a partner, respecting your finances and your dreams of homeownership .
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