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NABDad@lemmy.world 3 days ago
Just throwing this out there in case anyone needs actual advice:
One option is to sign with a buyer’s broker. A real estate agent that works for the buyer rather than the seller. That’s what my wife and I did when we bought our house almost 29.
The real estate fees of 6% are paid by the seller and split by the seller’s broker and the buyers broker, and the buyer’s broker has a fiduciary responsibility to the buyer
Our broker, Gary, made sure we understood everything that was happening and made sure we didn’t screw up.
I definitely recommend it for anyone buying a house for the first time. It doesn’t cost you anything as the buyer, and it doesn’t increase any costs for the seller.
Fredselfish@lemmy.world 3 days ago
Oklahoma made a law that now it does cost you. The buyer has to pay their own realtor fees and commission.
NABDad@lemmy.world 3 days ago
Bummer. That sucks.
Fredselfish@lemmy.world 3 days ago
Well apparently we had a lot realtors ripping off sellers so now we all suffer. The new buying laws is everyone pays their own realtors sellers and buyers.