A Common Misconception In Real Estate

A Common Misconception In Real Estate

I was speaking with a friend recently who was struggling to find a place to live.  He was looking for a place to rent, but hasn’t found much of a selection and doesn’t really have the time to look everywhere.  I asked him if he would like for me to help him in his search, but he politely declined my invitation.  Time went on and he became further frustrated with his search and I offered once again to help him if he changes his mind.  He explained how he would like my help, however he does not have money to pay me for my time.  I asked him if this was how he thought things worked with rentals.  He said, “well how else do you get paid?”  I went on to explain how the owner of the rental pays a finder’s fee to the agent who can help them secure a renter for that property.  He was stunned and leaped at the chance for assistance.

Buyers too I find time and time again asking how much they would have to pay me for my services in helping them find their home.  The answer is simply nothing.  The seller pays for our commission.  These two misunderstandings in real estate I find more often than one would think. If you have any questions about buying or selling a home, looking for a way to obtain financing for your next home purchase, or simply would like help in finding a rental, please don’t hesitate to call me.  It’s nice to have a little help and to have someone take even a small burden off you.


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Phone: 757-339-3787
Dated: June 1st 2018
Views: 397
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