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Old 02-26-2007, 10:16 AM
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jIM_Ohio jIM_Ohio is offline
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Default Re: Big Step : First House : Help needed!

Quote:
Originally Posted by sweeps
Your point?
"Yes, there are conflicts of interest. Obviously the realtor would like you to pay more for a house because his commission is a percentage of the final sale. And the sooner you buy, the better for him. So naturally keep these things in mind."

The conflicts only exist if you actually BUY the property. 3% of a zero purchase price is $0.

RE agent wants the price to be a positive number, but if there is no sale, there is no commission.

The RE agent I work with sells LOTS of properties... every sale is important. Find a good agent and work with him (her). It's in everyone's interest for the deal to actually happen.
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