How much does a real estate agent cost?

Cumming GA Realtors – Thompson Realty Atlanta will discuss the different pricing and commission rates of Realtor.

How much does a real estate agent cost?
Speaker 1:
… Then you both don’t know what the hell you’re doing. You’re going to get screwed for lack of a better term.

Using a realtor when you buy a home is free and a lot of people don’t typically know this, but using a real estate agent, when you buy a home, is free. And I get this is a huge misconception among the kind of general public, general population. Everyone thinks that costs a ton of money to use a realtor. In reality, whether you are buying a home or selling a home, that realtor is there to save you time, effort, energy, and money when you’re buying a home and let me explain.

When you are buying a home, there’s so much that goes into a buying a home. You have everything from a due diligence period, to a financing period, to an appraisal period, to different types of contingencies, to earnest money. You have all these different things that you have to navigate when you buy a home and it’s hilarious to me that somebody would, who’s never gone through the process before, would actually attempt to buy a home without using a real estate agent. Like, why? Why? You’re setting yourself up for failure, because let me tell you, unless you’re buying a home that’s owned by somebody who’s not using a real estate agent to sell their home, you both don’t know what the hell you’re doing.

You’re going to get screwed for lack of a better term. You’re going to end up in your home and you’re going to find something that should have been found. You know, there’s a hole in the roof or there’s something wrong. The survey is off. There’s someone else’s fence, six inches over on your property line. These are all things that you hire a realtor for. The realtor is there to protect you. Why would you not use a real estate agent, especially when you’re buying a home because it’s free?

Now let’s talk about, let’s now, let’s transition a little bit. Okay, let’s talk about when you’re selling a home. When you’re selling a home, it is going to cost some money because the seller always pays commissions in a real estate transaction. Look, I understand, a lot of people think that they can sell it themselves and they think that, I’m going to save money and I don’t like real estate agents, so I’m not going to use them.

Well, let me tell you, bud, you’re actually going to lose time and money and the statistics don’t lie. The statistics are on my side; 88%, 88% of people who for sale… Do for sale by owner, lose time, lose money, and ultimately do not sell their home. Okay. 88% of for sale by owners.

Let’s talk about the 12% that do do it successfully. 10% undersell their properties, undersell, which means they did not sell it for fair market value. They undersell their properties by about 15%; 15%.

Now let’s talk about this for a minute because you know how much you pay a realtor when you sell your home? You pay them 6% and that split in between both agents. That 6% doesn’t go all to one agent. It’s split in between the buying agent and the selling agent. So, let’s say the fair market value of the home, just for an example, just for kicks and giggles, the fair market value of a home is a hundred bucks. Or excuse me, a hundred grand. It’s a hundred grand. Would you rather pay 6% and get very close to that hundred grand? It costs you six grand to sell it with realtors or would you rather sell it yourself, lose time, effort, energy only have a 12% success rate of selling your home and of that 12%, only 2% sell it for fair market value?

Like why? Just why? I don’t know. So, I mean, look, if you want to know more information, if you want to know how to hire a good real estate agent, let me know. Okay. Let me know. I’m more than happy to answer any questions you may have and you know, we’ll go from there.

So do me a favor comment below, like, share, subscribe. It truly, truly helps me out and it helps get this message out to people who might not know that it’s free to use a realtor when you’re buying a home.

So without further ado, go ahead and smash that like button, subscribe to the channel, and thank you so much for watching.

Cumming GA Realtors – Thompson Realty Atlanta

Lets dives into how much does a real estate agent cost. When buying a house there is a cost incurred and when selling a house there is a cost. When Selling your Cumming GA Home you need a top real estate agent or realtor to get the job done and there is a cost with that.…

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