Category: Buyer’s Agent Basics

Buyer Closing Costs: The Basics



June 23, 2010What are buyer closing costs? Another term I didn’t know before beginning our home search was “closing costs.” Closing costs means more money that you have to scrounge up to buy a home on top of the down payment.   This term will come up when you are looking for a loan or making an offer on a home.   There are several decisions you can make regarding how you pay your closing...

Where Do You Want To Live?



June 21, 2010If you were given a choice of where you wanted to live, taking out relocation for job or family situations, where would it be?  In the State of Colorado, there are numerous areas, all different in some way or another.  You could live on the Eastern Plains, the Front Range, the Grand Mesa area, the Northern area and even Metropolitan Denver.  Just to name a few. Within all of these areas are...

The Million Dollar Question: Who Pays Buyer’s Agent?



June 9, 2010Please see our page "How Colorado Buyers Agents get Paid" for the latest 2024 changes as a result of the $418M NAR settlement, set to take effect in mid July, 2024 The way your buyer agent will be paid is included in your buyer’s agent agreement.    These can be: 1)     A commission paid at closing to the buyer's agent based on the total sales price of the...

What is the difference between an Exclusive Buyer’s Agent and a traditional Real Estate Agent?



May 5, 2010The difference between an Exclusive Buyer’s Agent and a traditional Real Estate Agent is that buyer's agent works only for people that are buying houses, while Real Estate Agents work for people that are selling houses and buying houses. Why does it matter? My favorite analogy that I heard was: if you get sued, are you going to hire the same lawyer representing the person suing you? It’s...