What is the Cost of a Buyer’s Agent for Home Buyers? (Can’t I Go Without One?)

With the change from the NAR lawsuits. Buyers can purchase a house without representation.(You can buy a house without a Buyers Agent) In California, I highly recommend agents this. The contract are to difficult to do on your own, and you will need to trust the Seller and Sellers Agent that they house is a good deal, and there is nothing wrong with the house. (I have never seen a house without a issue, have you?)

Let me expand on the topic:

Home buyers think they will save money by going direct to the seller. Wrong, the Sellers Agent has a fiduciary responsibility to the Home Seller. So if they try to give you a deal, they may lose there licenses for breaking the fiduciary responsibility to the seller. The Sellers Agent has one job, to get the most money from you to buy the house.

Cost of a Buyer Agent.

Although the cost of going without a Buyer’s Agent could be considerably more, than just a commission.

Why, Home Sellers cannot be trusted, most of the time they don’t remember how the home was repaired, (Mostly, because they paid somebody else to do the repair who didn’t write a completion report) or the maintenance was preformed by the home owner, and not a professional trade person. Another may be permit issues? Was the work done with a permits? Their “Corner Cutting” home repair work will only last so long, and you’re stuck with the long term actions of their short sidedness. A buyer’s agent will point out and suggest different specialists to check your home for obvious issues; these uncovered problems are often tools I use to negotiate a better price for you. 

No inspections, no negotiation, 100% of the future problems are all yours. I highly recommend you let me negotiate my compensation with the sellers, allow me to introduce you to some home inspectors, and let me do your paperwork with you. You will thank me down the road when I save you Big Bucks!

Buyers agent fees are paid out of closing cost, sellers consideration or directly by the home buyer. I prefer to talk to my buyers, explain how buyers agent get paid, and develop a plan to get the Seller to pay all buyers angsts commissions/considerations. All commission are discussed in advance of viewing properties. I will tell you if each home is offering a buyers agent consideration or not. If not, you may be able to add it to the cost of the property if you wish. (Recommended, Stretch it out over 30 years so you don’t feel the pinch.)

Purchasing a home is complex, lots of confusing paperwork.

In the Southern California real estate market, navigating the complexities of buying a home can be a daunting task. As we venture further into 2024, the role of a Buyer’s Agent in San Diego remains as crucial as ever. My professionals services are invaluable homebuyers, I offering expertise, guidance, and unwavering support throughout the entire purchasing journey. I save homebuyers money, that’s my job, getting the best price in a completive market. I have the experience you need to buy in San Diego.

You should partner with Me, “Mike Frey,” your Buyers Agent for San Diego!