|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 757-287-2717.
|
"Personal Attention"
"Judy Reed was the obvious choice"
Doug & Karen Wine
Read Quote >
|
|
|
|
Agency >Who Pays the Commission
Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.
There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.
|
| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
|
| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
 See More Real Estate Trivia > |
|
|
Judy Reed
RE/MAX Allegiance
505 South Independence Blvd., Suite 111
Virginia Beach, VA 23452
757-287-2717
Fax: 757-233-1498
judyreed@NUMBER1EXPERT.com
#I am known for my STABILITY, EXPERIENCE and RELATIONSHIPS!!!
I work on a friendly, personal level. I believe it is important to give the best possible personal and professional service in today's market. I work with all my clients on a one-on-one basis. I exhibit a friendliness that generates lots of repeat business and referrals.
I DELIVER RESULTS! PERIOD.   
www.JudyReed.com is brought to you by
Judy Reed
NUMBER1EXPERT™ in real estate for
Virginia Beach, Chesapeake and Norfolk, Virginia Read Judy Reed's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
