Navigating a South Pasadena Real Estate purchase is a complex task. Fortunately for you, search engines have made it possible to do a lot of the legwork yourself, but there’s no alternative for an experienced professional.
A good South Pasadena Realtors and exceptional negotiator who knows the market can save you time, money and problems by assisting you in making the proper offer—playing hardball when needed —and staying on top of the entire process.
But don’t just call the South Pasadena Real Estate Agent on a listing you like and sign up. That agent is working for the seller, who (naturally) is trying to get you to pay top dollar for their home.
You need a “South Pasadena Buyer’s Agent,” who represents you exclusively. In return for that exclusivity, you’ll likely have to sign a contract saying that you won’t work with any other broker for a specified period of time.
You may encounter what’s called “dual agency,” in which the South Pasadena Real Estate Agents representing both sides of the transaction work for the same brokerage; sometimes, it could even be the same person.
In most states such an arrangement isn’t illegal, but it raises the potential for conflicts of interest or leaks of confidential information. Ultimately, the key is transparency. South Pasadena Real Estate Agents must disclose the situation in writing to both buyer and seller and get written approval.
Clearly understand that you’ll pay one way or another. Yes, the South Pasadena Real Estate Agent’s commission (typically 5%-8% of the purchase price) comes out of the seller’s sale proceeds, but the home is priced to account for the South Pasadena Real Estate Agent’s cut.
Now depending on the scenario, a South Pasadena Real Estate Agent may be willing to knock a percentage point off the fee to speed a sale.