FAQs
Is there a fee to work with an agent when purchasing a home?
Compensation for a buyer’s agent is negotiable and will be clearly discussed and agreed upon in advance. In many cases, the seller may offer compensation to the buyer’s agent, but this is not guaranteed and can vary by transaction. Your agent will explain all options so you can make an informed decision before moving forward.
How much are closing costs?
Closing costs can vary based on the purchase price, loan type, and terms of the transaction. Typically, they are a percentage of the home’s purchase price. Your agent will review estimated closing costs with you in advance and, where appropriate, help negotiate terms as part of your offer so you understand your options before moving forward.
How will I know if the house I am purchasing needs repairs?
Once under contract, a professional home inspection is typically conducted to evaluate the condition of the property. The inspection provides a detailed report outlining any findings. Your agent will help you review the report and discuss available options, which may include requesting repairs, credits, or other negotiated solutions.