The real estate agent who brings the potential buyer to a seller (called the buyer’s agent) is typically compensated by a commission-based fee that the seller pays. Blades buyer’s agent fee returns a portion of this fee back to the buyer.
Learn About The Buyer’s Agent
When you want to buy a house, you typically search online for a house and once you find the house you are interested in, you contact (via online or phone) the agent who will show you the house, provide necessary information, and help complete the purchase. This is called the buyer’s agent.
By law, your buyer’s agent will have you sign an agreement entitling them to a percentage commission based upon the purchase price. This is often between 2%-3%.
Blades charges 2% and will return 10% of the fee back to the buyer. This means more money in the buyer’s pocket.
For example, if Blades receives a 2% fee as your buyer’s agent, Blades will give a 10% credit or $1,200 at closing.
Don’t Get Burned With Your Buyer’s Agent
It is easy to get lost in the details of purchasing a house—who pays what to whom and how much.
Contact Blades before you make a costly mistake.