STEPAHEADRE.COM knows there’s a fundamental problem with residential real estate commissions. It’s a lack of fairness in terms of who pays for them. All real estate websites, regardless of their fee structure, have one thing in common. They recommend the Seller pays around 3% commission to the Buyer’s agent. This is the industry standard. The industry’s explanation is that both the Buyer’s agent and Seller’s agent work together to sell your home. Years ago, it was thought that more homes would sell if all commissions were paid by the Seller since the Seller is getting money from the deal.
STEPAHEADRE.COM has a solution. Our program is designed to save the Seller time and money. With our program, the Buyer’s agent represents both the Buyer and Seller as a Dual Agent beginning when a Residential Purchase Agreement is submitted to the Seller. As such, both the Buyer and Seller get professional representation without two agents trying to compete with one another during the negotiations process. Meanwhile, the Seller saves thousands of dollars in commissions since only one agent is being paid.
Using a Dual Agent also improves the transaction timeline by streamlining the process. Many agents agree that when a Buyer and Seller are both working with the same agent, forms and documents can be prepared and signed more quickly. As a result, offers and counteroffers are communicated more quickly making it easier to close escrow in a timely manner.
STEPAHEADRE.com is ready to save you time and money. Call or email us today to get started.