Spicer Real Estate: For Buyers

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Call us at 301-770-1301 (Rockville) or 301-622-2222 (Silver Spring)

We pledge to our customers and clients that we will show you the highest level of excellence in customer service, communication skills, negotiation skills and market knowledge. As your buyer broker, Spicer Real Estate will:

Listen to you
Help define your housing goals
Counsel you on financing options
E-mail you new listings daily
Show you the homes you want to see
Ensure seller disclosure
Provide market analysis
Provide information on schools
Provide demographic information
Write the contract
Present and negotiate the contract
Maintain a fiduciary allegiance to you
Guide you through the inspections
Solve problems
Attend settlement with you

Here's how our buyer brokerage services work:

Some of our buyer clients like to do a lot of the research and driving around on their own. Others, prefer that Spicer does the research and driving around. Spicer give you options to suit your home-buying style and save you money! Choose from classic commission services or hourly consultation options.

Classic Commission

The buyer pays Spicer nothing. The seller pays a commission at settlement (often 2.5% - 3% of the sale price).

Example: The Smiths buy a $500,000 single family home from the Jones. The Smiths pay Spicer nothing. The Jones (the sellers, represented by another agent) pay Spicer Real Estate $15,000.

Hourly Fee of $225 (with commission Rebate) Option

Our buyer clients keep the commission offered by sellers to the buyer broker. That's often 3% of the sale price. Spicer is paid $225 per hour for the services we provide.

Example: The Smiths buy a $500,000 single family home from the Jones. Traditionally, the Jones would pay a 3% commission (that's $15,000) to Spicer Real Estate as an incentive to bring the Smiths to see their home. In this option, the Smiths keep the $15,000 commission and pay Spicer hourly for the transaction. Spicer billed the Smiths $5,820 (25 hours @ $225 per hour plus $195 admin fee). The Smiths will get a rebate check after closing for $9,180 from Spicer at closing.

Note: The average hours-per-transaction ranges between 25 and 35 and the maximum fee is equal to 3% of the sale price.

If you'd like to find out more...click here to send us an email. Or call us at 301-770-1301 (Rockville) or 301-622-2222 (Silver Spring).


	Spicer Real Estate, One Research Ct., - Suite 450 Rockville, MD 20850 301-770-1301 (Rockville) • 301-622-2222 (Silver Spring) © 2008, Spicer Real Estate, site designed by kp designs, llc Commissions are not set by law.