2% Cash back at closing for buying a home... buyers beware!
The other day I received a call from a person, that was more mechanical on the phone than personal, requesting that I show *HER* buyer a property I have listed. I asked her why she isn't showing her client the property, and she informed me that they don't do this. That she (or should I say her company) will be giving us the listing agency $500.00 if the sale goes through for doing this.
I'm not sure about you, but I don't like wasting my time.. so I asked this woman to send me her clients pre-approval or pre-qualification letter so I know that I am not just jumping through hoops for nothing. She was taken aback by this, and said she would have to check with her client. To make a long story short, I received a "Fee Worksheet" and not a pre-approval or pre-qualification letter. This "Realtor" for lack of a better word should have known this before sending it to me.
So, today I've spend time checking out this company. Their motto is they give their clients "PERSONAL" attention and will give them a check at closing for 2% of the sales price. Hmmm. Makes me wonder how effiecient this company is. If a commission on a property is 2.5%, this agency is giving away 2% of it's earnings, along with another $500.00 to the listing office for showing the property, why are they in this business... They do NOT have a personal relationship from what I can see.. and to me, it feels like nothing but a scam.
Buyers (especially first-time home buyers) beware... remember the saying "You get what you pay for". Check out and interview your realtor.. make sure they are representing YOU.
Has any other realtor run into this scenerio? Is this the way real estate is going? I hope not.
FOR ACCURATE INFORMATION ON REAL ESTATE... CONTACT YOUR LOCAL AGENT
Info about the author:
Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, which includes Cromwell, Rocky Hill, Berlin, Middletown, Wethersfield, Newington, as well as all other surrounding areas. Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.
For real estate.. all you need to know, is VALERIEO
If you're thinking about buying a home in Cromwell CT area, there are plenty of great buys in today's market. There is no better time than now to take advantage of these homes while interest rates remain at an all time low. For more information on Cromwell CT real estate's homes and/or condos please visit Johnson Real Estate to access the newest listings.
Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.883.8889 cell - ValerieOhomes4u@gmail.com
Copyright © 2010 - By Valerie Osterhoudt, ABR - All rights reserved...... ***2% CASH BACK AT CLOSING FOR BUYING A HOME... BUYERS BEWARE!!!***
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Valerie Osterhoudt, ABR
(Accredited Buyers Representative)
Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.
Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
cell: 860.883.8889
email: Valerie Osterhoudt, ABR
website: www.CTrealtorMLS.com
