"Few things in life are
free", right? One thing is still free--the guidance and assistance of a
real estate sales professional for home buyers. In the traditional real estate
sales transaction, it is the seller who pays the commission that is divided
among the various sales professionals involved in the transaction when the home
is sold.
Unless you are hiring a buyer's broker, you get
several free services from the Realtor: 1) Target marketing which gives you
quick, precise targeting of homes you want, in a price range you can afford. 2)
Loan pre-qualification. This saves you much time and the potential
disappointment of finding the perfect house (which you can't afford). 3)
Guidance in obtaining the best mortgage terms. The marketing professional knows
that if there is no financing, there is no purchase. Most Realtors have become
quite expert in the mortgage market. Another old saying is "The best things
in life are free."
