Quote:
Originally Posted by Laker14
if you are buying a home listed on the MLS (these are the homes you can see on Trulia and Zillow) you can contract with an MLS agent, as long as he/she is not the listing agent of the home (in which case the agent is already contracted to be the sellers fiduciary ) and you can sign a contract with that person wherein that agent is YOUR fiduciary.
When you find your home, and buy it, your agent will be paid out of the sales commission.That is if, and only if, the home you buy is from the MLS.
If you buy a home listed by The Villages real estate (these are not on Trulia or Zillow, but can be seen on TheVillages.net), they share their sales commission with NOBODY.
However, you can contract with an agent, or an attorney, and pay them out of your pocket, as they will receive no sales commission, to have them look after YOUR interests, as opposed to the agent from The Villages Real Estate, who will be primarily obligated to look out for the sellers interests. Very often the buyer's and seller's interests don't conflict, but when and if they do conflict, the sellers agent must, by law, look after the seller's interests.
|
Quote:
Originally Posted by KRMACK55
That simply is not the case. My house had a one month listing and they had a buyer so it took a half hour to sell. The sales person complained about her commission to me that she receives from the Villages and I told her I don’t care that is between her and the Morse family. From the 5% both buyer and seller agents got 1.5% each with villages getting 2%. Thats $8800 for half hour showing and never saw her again ! No one from the villages was at the closing or even assisted in the correction of the HUD stmt. Sadly they will say almost anything to get a sale. The only person who did a very good job was the title closer! I would never recommend or use them again. This is my 7th home closing and very disjointed. Good thing they don’t have to sell in the real world.
|
I'm having a little trouble following your post. Who did you list it with? The Villages or an MLS agent?
"They" had a buyer... who is "they"?
There was a buyer agent and a seller agent, and TV got 2%, with the buyer and seller agents splitting the 3% left over after a total commission of 5%.
Are you saying one of those two agents was NOT a Villages agent?