So you’ve heard about the recent changes in real estate commissions and wonder, “Will I need to pay my agent in Nashville?”
The short answer is: Possibly but probably not. Don’t worry; we’ve got you covered.
Before we talk about the numbers, let’s discuss the second change that has come about with the new rules:
It’s now a national requirement that you must sign an agreement with an agent before touring homes.
Here’s something that sets us apart: Our team uses a Non-Exclusive agreement. What does this mean for you?
- You’re not locked in. You can work with someone else if you feel we’re not the right fit.
- You get peace of mind. We’re confident in our abilities and experience, so we don’t need to tie you down with a restrictive agreement.
Now, here’s how we approach commissions in this new landscape.
Sellers and listing agents are no longer allowed to publish and advertise an offer of buy-side compensation in the MLS. However, this doesn’t mean they aren’t willing to or expecting to pay it.
Our Advantage
- We charge a straightforward 2% commission. This is lower than the industry norms.
- When we write an offer for a home you love, we’ll request that the seller pay our fee. In most cases, this works out just fine.
- If a seller offers more than 2% (which happens often), we have ways to pass those savings on to you. This could mean negotiating a lower purchase price or asking for closing cost credits.
- In the rare case where a seller refuses to pay, we’ll work with you to find a solution. This might involve adjusting the offer price or exploring other arrangements.
- No matter what, we show you any property you’re interested in. Our job is to find you the right home, not to cherry-pick based on commissions.
The bottom line? Our goal is to be your advocates throughout the home-buying process, using our expertise to fight for your best interests – without breaking your bank or locking you into a commitment you aren’t comfortable with.
Curious to learn more about how we can help you navigate Nashville’s real estate market? Let’s chat!
