When you work with a buyer’s agent, do you have to pay them commission?
Believe it or not, the answer is no. The buyer’s agent’s commission has already been figured out and agreed upon by the seller.
A lot of first-time homebuyers may worry that their Realtor’s commission will cut into their savings for the down payment. Some homebuyers even skip hiring a buyer’s agent for that reason. However, that’s the beauty of hiring a buyer’s agent: when it’s all said and done, the seller pays for your agent’s commission.
If you’re not already working with a professional to help you find homes, we recommend hiring a Realtor at no cost to you to find the best home.
If you have any questions about beginning your home search or if you would like to learn more about real estate in general, just give us a call or send us an email. We would be happy to help you!