Smart Commission Options for Buyers

OPTION 1

Broker Credit

The seller pays the commission (often 3% of the sale price). Spicer’s portion of the commission is 2% of the sale price. Any commission over 2% is credited back to the buyer at closing. Buyers using this option agree to work exclusively with us.

OPTION 2

$495 Hourly Fee

Buyers keep the entire MLS advertised commission (often 3% of the sale price). Spicer is paid $495 per hour for the services provided. Our average hours billed per transaction is about twenty-five.

OPTION 3

Classic Commission

The seller pays the commission. This option is well suited for buyer’s with a more casual approach to the home buying process. They are not ready to commit to an extended buyer agency agreement.

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Broker Credit Option #1

Calculated from agent commission

Broker Credit Option #2

Calculated from agent commission

Broker Credit Option #3

Calculated from agent commission

$395 Broker admin fee paid only at settlement

Our Pledge To You

Market analysis and home staging advice X X X
Listing posted on major portals, broker sites, and MLS X X X
Professional photography & virtual tours X X X
Sign, secure lock box, and printed brochures X X X
Open house as needed X X X
Scheduled showings at times convenient for you X X X
Provide post-showing feedback X X X
Provide updates on listing inventory and market conditions X X X
Prepare and review paperwork with clients X X X
Negotiate offers on your behalf X X X
Coordinate and guide you through all aspects of the transaction X X X
Professionally stage your home (furniture, lighting etc.) X
Assist in coordinating contractors and oversee projects when needed X

We pledge to provide you with a high level of customer service, 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
  • Update you on new listings
  • Show you the homes you want to see
  • Provide market analysis
  • Prepare the contract offer
  • Present and negotiate your offer
  • Guide you through the mortgage process
  • Guide you through the inspections
  • Attend settlement and the final walk through with you

KNOW YOUR OPTIONS

Buyers have different needs. At Spicer, we offer commission options so you can choose what works best for you. Many buyers don’t understand Realtor commissions. They think sellers pay the commission. But in fact, buyers pay by way of the sale price. In other words, if your agent expects a 3% commission the seller must account for that when negotiating a sale price with you. If your agent lowers his/her commission, the seller will have more flexibility on price. But having a skilled buyer’s agent who represents you does have benefits. They know the market and can help you maneuver through all aspects of the transaction. Ask yourself this question: What’s the value of having a buyer’s agent? Smart buyers consider their options carefully before signing a buyer broker agreement.

Buy or sell with Spicer

We'll help you decide the best commission option whether buying or selling.

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