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May 29, 2020
9:41
:42
am
YSMACK
Truly Addicted User
True. And most real estate lawyers know way better.
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YSMACK
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YSMACK
Joined
Oct 29, 2001
Last login
Apr 26, 2024
Total posts
51,919 (3,161 FO)
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Messages
Author
Time
Hey all, I'm looking at buying a new home - Is this correct?
Tuss
5/29/20 8:55am
Your price stays the same if you have an agent or not. But the builder won't pay the 3% realtor commission unless the
RdF3
5/29/20 8:57am
Sounds like Tuss needs to get his realtor's license so he can collect a 3% commission on his own house
KingDave
5/29/20 8:59am
They're saying that if your buyer's agent doesn't come with you, they won't be paying a buyer's agent fee.
Pimpin4Paradise
5/29/20 8:57am
<< Deleted >>
Sandstone Cougar
5/29/20 8:58am
Thanks all - It just sounds crazy to me that I can't even walk through a model
Tuss
5/29/20 9:02am
you can, just don't give your real name, address or phone number
Nat Gas Man
5/29/20 9:29am
That's not enforceable. It is a scare tactic.
Baron
5/29/20 8:59am
<< Deleted >>
Sandstone Cougar
5/29/20 9:01am
I mean that they can't enforce that you can't have realtor at negotiations later
Baron
5/29/20 9:04am
<< Deleted >>
Sandstone Cougar
5/29/20 9:07am
The language specifically states you can't have them at negotiations. You can.
Baron
5/29/20 9:10am
<< Deleted >>
Sandstone Cougar
5/29/20 9:23am
That is why I said it is not enforceable.
Baron
5/29/20 9:31am
The part about refusing an agent at negotiations is not enforceable.
YSMACK
5/29/20 9:35am
Yes that is just negotiation. I shouldn't have said scare tactic. That was wrong
Baron
5/29/20 9:39am
True. And most real estate lawyers know way better.
YSMACK
5/29/20 9:41am
?
YSMACK
5/29/20 9:02am
We purchased a new home and got a 3% discount from the builder for not having
sortsol
5/29/20 9:01am
This is very uncommon
Kelbob
5/29/20 9:12am
Then I'll consider myself lucky!
sortsol
5/29/20 9:17am
Actually, lots of builders will do this if you ask.
displacedute
5/29/20 9:29am
Lots of small, independent builders maybe.
YSMACK
5/29/20 9:36am
This was a while back, maybe 2010ish, but he said it was pretty easy to get.
displacedute
5/29/20 12:28pm
They're not supposed to.. The builders often have a RE Agent sales person
BlueBlitzkrieg
5/29/20 9:41am
What is illegal? A limited agency? Not illegal or technically unethical
YSMACK
5/29/20 9:43am
The key is asking...very few will just offer it.
Kelbob
5/29/20 10:08am
Agreed. Why would they? Gotta negotiate a little bit.
displacedute
5/29/20 12:27pm
We did this back in 2009 in Texas. It was nice getting the 3%.
58DCougar
5/29/20 9:38am
The commission goes to the procuring cause of the transaction
YSMACK
5/29/20 9:01am
Don’t sign in. And when they ask you to sign in tell them you have an agent.
Acorn
5/29/20 9:06am
RE: Don’t sign in. And when they ask you to sign in tell them you have an
tippmancoug
5/29/20 9:08am
Hot tip- Our agent sold our house for free and got their 3% from the builder.
Artist
5/29/20 10:11am
I did the same thing a few years ago.
YSMACK
5/29/20 11:42am
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