By Sophia Stuart, Research Economist
- Most agents, 81 percent, are paid by the sellers in full, while only a small share of agents, 4 percent, are paid by the buyers.
- Three-quarters of sellers pay the agent’s fees as a percent of the sales price and only 4 percent are paid a flat fee to the agent.
- A majority of the sellers are aware that the agent’s fees are negotiable.
- With repeat business and referrals being the strongest sign of client satisfaction, most sellers, 81 percent, reported that they would recommend their agent or use the agent’s services in the future.
Source: National Association of Realtors 2009 Profile of Home Buyers and Sellers
Copyright National Association of REALTORS®, Reprinted with permission.
www.AthensGAHomesForSale.com
*NOTE* So many times I have blogged about and tried to make sure that Home Buyers, and especially first-time home buyers, understand that normally speaking a Buyer’s Agent gets paid by the Seller. There is nothing to lose and everything to gain by having your own representation! You need someone in the middle of a purchase looking out for your interests because the listing agent is only looking out for the Seller!
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About hankbailey
Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties.
http://www.AdvancedPropertyMarketing.com (this is our listing methodology)
http://www.GetJobLossProtection.com (this is an overview of our job loss program)
• Adept at understanding mortgage financing issues, products, and terminology.
• Technical expertise in internet marketing.
• Excellence in establishing trust with clients.
Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area.
Personal website; www.athensgahomesforsale.com
Member of GA MLS
Member of FMLS
Member Georgia Association of REALTORS®
Member of Athens Association of REALTORS®
Member of the National Association of REALTORS®
Member of the UGA Alumni Association
