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Reply to "Would you interview two RE agents from the same company (different offices/ teams)?"
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[quote=RealtorDAD][quote=Anonymous][quote=RealtorDAD]I would have no concerns at all. At KW specifically, each team is run as an independent business. Each team has different areas of expertise. It is in YOUR best interest to interview many agents and go with the one that feels right. Remember that you don not pay buyers agents, our commission comes from the sellers agreement with the listing agent. My team charges an administration fee at closing, $295, that is it. Be wary of agents that request a retainer fee. I hope to hear from you, Brendon Mills Brendon@MitchCurtisHomes.com [/quote] Be wary of agents who charge an “administrative fee” of $295. If you purchase an $800,000 home. The buyer agent’s Company (not the team) is getting $16,000 to $24,000 in commission. Why do you have to pay them an additional $295?[/quote] Any buyers agent, has to split the commission with his or her broker, typically 30%, and then with their team (30-40%). Administration fees are very common place, if you take the time to read the large amount of paperwork at closing. I feel it is important to be up front and honest. On an $800,00 house, it only costs you $295 for the transaction. [/quote]
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