Skip to main content

Don’t Buyers Agents want you to pay more?

Apologies if this is a dumb question- I’m preparing to buy a property for the first time (condo). I understand that if you’re selling a home you’re aiming to get as much money as possible for it, but if you’re buying a home you want to get it at the lowest possible reasonable price- and since the agents work off of commission, wouldn’t my agent as a buyer want me to pay more to make more money?

I know that if I fall in love with a place it will be obvious and my agent will clearly see that- wouldn’t they encourage me that the max end of my budget is worth it, and then it benefits them?

Additional question if you have the time- there tons of info online about what your monthly mortgage budget should be- based on gross income, net income, 25% of that, 28% of that, your dogs best friends unicorns cousins- for homeowners out there- how did you determine what percent of your monthly income was appropriate to spend on a mortgage?

Thanks all!

submitted by /u/MarkAwkward6172
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/k2ibxq/dont_buyers_agents_want_you_to_pay_more/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Looking for Prospective Opportunities to Utilize Floor Plan Redraw Skills

"Hey HomeOwners & Investors , I have a team of 10 professionals who are trained in redrawing/redesign floor plans in both 2D and 3D interior& exterior using floorplanner.com/3ds Max and TruView point cloud. We're looking for prospective opportunities to utilize our skills. Are there any companies or individuals in need of accurate floor plans and measurement reports ? Any suggestions for where to start looking? Thanks in advance for your help!" submitted by /u/mangojuicelife [link] [comments] source https://www.reddit.com/r/RealEstate/comments/119uoh0/looking_for_prospective_opportunities_to_utilize/
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more