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As a homebuyer, youll want to find any way possible to save money by reducing closing costs.
You should also know theres room to negotiate these real estate commissions, especially in certain market conditions.
Here are tips that homebuyers can use to negotiate theirreal estate agents commission.
You just have to find leverage or some kind of tradeoff.
This is why a home inspection is crucial to finding any potential issues with the home.
You could then use any of these discrepancies as leverage to pay a lower commission.
I always recommend asking upfront during initial meetings, Sandford added.
An agent thats open to negotiations is also typically more flexible and customer-oriented in other areas.
Nows your chance to see if they can match the offer or come close.
The odds are on your side that the agent will probably at least venture to match this offer.
The agent may appreciate the opportunity to handle multiple transactions and could accept a reduced rate for the business.
Understanding the market puts you in a stronger position when entering commission discussions.
By applying the tips in this article, homebuyers can save money onreal estate commissionswhile ensuring a smooth process.
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