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 Is a nice big house like Kevin's family has in Home Alone typical in the US?
I work as a software engineer here in the UK, if I were to move to the US, would I ever be able to afford a house like that (or like the one Robert De Niro has in 'Meet the Parents') just ...


 Can I live on my own, in an apartment, at $35K / year?
I currently live with my grandmother, with intentions to move into an efficiency within the next year. At $35k a year, in southern NJ, is this possible?...


 Is life that EASY in USA ?
im gonna be short , we (me and my damliy) will come to USA in next 9 monther , i talked to my uncle in USA and he tell me that i can earn 8$ in hour thats for minimum , so i try to buy a computer ...


 Are they real?
on tv im seeing some programs which talk about getting good checks after following some old fat guys secret to real estate
many people say they get up to 10 000 after only a few days on the net ?...


 What can I do if my roommate want to use his security deposit as his last rent?
When my roommate moved in we signed a contract that I type and we signed it as a legal dacument, it say that the security deposit was not to be used as his last month rent, because it was to cover ...


 How do we increase the value of our home?
We bought a home 3 years ago and are trying to make changes to add appraisal value to our home. We have a inground pool, 4 acres, Nice house.

When we moved in there wasn't much ...


 Sale of house?
my ex partner and i have split up , we bought a house together, i put a large deposit down , we are both on the mortgage and title deeds, if we sell the house , is she entitled to half of the equity ?...


 Can an apartment evict you for an error on your check?
My rent is $720 and in the column to write it out, I wrote by accident "Seven hundred and thirty dollars". Now my landlord says that I am late and has put an eviction notice on my door but ...


 Never Signed a lease agreement where I live, Can landlord keep my $625 dollars that he owes me?
I Have been living where I stay for 4 months, I sent my landlord 2 money orders totaling 5 months worth of rent, which includes security deposit, now I am leaving just short of 4 months, and I would ...


 I'm leaving my apartment, but I need more than 30 days to do so...(read on)?
I've decided not to renew the lease and I am going to move elsewhere for better location and quality. I asked the manager if I could give her a notice to leave the apartment that is more than 30 ...


 Anyone else really annoyed at housing situation today?
I am 24 years old and I recently was living in rented accomodation with a friend of mine paying £300 a month. I make an ok income but not a great amount but could in no way afford a mortgage which ...


 Would I be able to buy a house, someday?
. My income is about 35,000 a yr. Im renting an apartment where I pay 1,075 and Im able to keep up with my rent and bills. Most of my friends have their own home and for some their mortgage payments ...


 Whats going on with the house prices are they going to drop within the next couple of months?
i am hoping to put my house on the market with a month and i have read in a newspaper that the house prices are going to drop is this true ? i have to sell due to money problems and the house i live ...


 Good, Affordable Places to live?
My Husband and I work for the same company and just found out that we are being laid off - our last day is October 2nd. We live in Seattle, WA and have been living here most of our lives. The cost of ...


 I was behind in my mortgage payment. Now the bank is refusing to take my money. Is this legal? What can I do
First they said I had to catch it up. Then they threatened me with foreclosure. Now they say they will work with me, but are waiting on some paper to cofirm that I have no other liens against the ...


 Me and my husband just rented an apartment. the owner currently pays the light and gas in the apartment...?
but since we are moving in he said we needed to change the ligh and gas to our name or they will cut the service.... how do we do that without having it cut until its all processed???????......


 Do I need a lawyer when buying a new home?
I'm a first time home buyer and about to sign a contract to buy a newly-built house. I'm a bit nervous because I'm not sure if I should hire a lawyer when I first pay some of the down ...


 I gave my tenant 60 days notice and she accepted but I think she will not move out on the date we agreed on?
Is there something I can do on that day, e.g. take back the property, kick her out on the day we agreed that she would move out anyway. She is already owing me 1 months rent plus many months of late ...


 I don't have good credit. Where can I find a good loan for a condo purchase.?
...


 Landlord entering apartment without notification...?
My landlord has decided to sell the condo we are currently renting from her.
Is it true that she MUST give us 24-hours notice before her, any realtors, or any prospective buyers can LEGALLY ...



shawn1980
I found the house I want to buy. Do I need an agent?
I want to know if I lose any negotiating leverage by allowing the seller's agent to act as a dual agent. Will I get a better price if I cut out the real estate agent on my side?
                     
 




Janet P
You will NOT get a better deal w/o an agent. The sellers agent is legally obligated to the seller, over and above you even if he is the only agent. He may try to convince you to use him, because he makes twice as much money, but don't listen. You need a professional looking after your best interest, find yourself an experianced agent. This day and age you need one who was working 15 years ago, they have worked a buyers market before and will get the best deal for you.


frankie b
Get an agent. It is like having the prosecuting attorney defending you in a murder trial. Do you think they would look out for your best interest? The sellers agent is legally obligated to treat you fair and honest, but over all their bigger obligation is to the seller that hired them. Go find a buyers agent, it is of no cost to you, the selling agent has to pay them. IT COSTS YOU NOTHING. Please do not listen to these fools that tell you you will save by going to the sellers agent directly, its not true. Either way the seller has already agreed to pay x%. He either splits it, or not, but either way the seller is paying the same. Get your self some representation, it is a huge purchase and i would hate to see you go into it blindfolded.
Good luck,
RE Agent,
Remax


mlb278
Rating
The seller's agent would love to have you as their client. The agent would then double-end the deal, and take the commision from the selling side and the buying side. If there are multiple offers (which don't really occur anymore), then you might have a better chance because the agent would push your offer to the seller's since your offer would mean twice the commision for the agent.


Tim D
Rating
You don't need an agent if you've already found the house. You need a mortgage. Ask the lender all of your questions often they are more knowledgable about the sale side of the transaction anyway. They should be willing to help you with your purchase agreement. This is the only thing your sellers agent does for you other than show you other houses and give you MLS print outs.

Try to negotiate a lower realtor commision since the listing agent doesnt have to split it with another agent. Get the seller to lower the purchase price by the same amount.

Lets say instead of 6% you can get them to agree to 5% You just saved yourself $1000 for every $100,000 of home value you're purchasing. It might be a hard sell but it's worth a shot.
Realtors work for 3% all the time when they have to split it so 5% is a raise.


Joe C
NO! You're better off dealing directly with the owner or the owner's agent if you don't allow him to intimidate you.

Real estate agents typically represent the SELLER and they will try to "protect" the seller from the likes of you.

You don't need a "buyer's agent," either, the vast majority of the time. They're not really schooled in the art of creative financing, or buyer friendly real estate contracts. They're mostly a so-called "buyer's agent" in name only, in order to stir up a sale.

Also, a "buyer's agent" will feel bothered if you try to do anything that the usual loan type of financing.

The person going up and down this thread giving thumbs down is probably a real estate agent.

Do your home workwork. An excellent site to visit is a free forum at http://www.creonline.com


LionTamer
Well..... I disagree with some of the posts on this question. Although the "vendor" has employed the real estate agent to work for them the Agent is under legislation to ensure that every party involved in a sale is treated fairly and with respect. As well as ensuring that the Vendor is happy with the offer made the agent is to ensure that the purchaser has full knowledge of the obligations they take on when making an offering for a home.

Now, when it comes to a buyer's agent. I agree with some posting here. Why pay someone else to do your work for you. Okay so you might be busy and yes this time in your life is very stressful when it comes to considering a purchase. A Real Estate Agent will act as a go between for you and the vendor. Why pay for a buyers agent when the vendor has already organised the real estate agents fees who will act as a go between for you and the vendor
You will need to organise you own solicitors, it is recommended you get a building report - Most times one comes with the contract and it is paid for within the purchase price.

It is sometimes better if you have someone negotiating for you on your behalf. Kind of like Ebay. You give them the highest price you will go to...then they go back to the vendor with Offer 1 (asking Price), Offer 2 (slightly above asking price) Offer 3 (max price - if it comes to this) Some agents will go straight to offer 3 others will go up the chain. The best negotiator knows how to make sure everyone feels they have come out best in the deal.

Agents fees are paid by the Vendor at an agreed upon percentage or set rate before the property is put onto the market for sale. A property is marketed at the agreed upon price (reached at appraisal). The vendor and the agent do not bump up the costs to cover fees.

A go between is a better way to buy or to sell as it we deal with the stress for you.


xyz
Rating
dont get an agent!!! you have to pay them a %. why would you want to do that? see if you can contact the seller, tell them to drop the agent and both of you will get around losing an extra 15K to the middle man.


Scott K
You can't cut out the seller's agent, they have a contract in place. You can get your own agent but that just means more mouths to feed. Your best bet is to beat up on the seller's agent and the seller until you get the price you want. If it's tight in this market, the agent will cut his commission to make the sale happen.


Sewer Gas
Rating
If you have never bought before, get a buyers agent. And no it will cost the same the two agents SPLIT the same fee. At least here in California.


wizard
Rating
yes


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