How Do Real Estate Agents Get Paid?
The short answer: by a commission based on the home’s final sales price, usually paid by the seller, but the commission is always negotiable. The agent selling the home (otherwise known as the listing agent) and the homeowner will enter into a listing agreement which identifies the total commission. In turn, the listing agent will give some of their commission to the agent representing the buyer upon conclusion of the sale.
For example, say you are the homeowner and your real estate agent charges a 6% commission to sell your $300,000 home. At the end of the sale your agent will split his 6% commission with the buyer’s agent, effectively leaving your real estate agent with a 3% commission totaling $9,000. From there your real estate agent must share a percentage of the $9,000 with his Broker.
Real estate agent Adam Garcia helps buyers achieve homeownership and sellers profit from their real estate investment. Based in Sacramento, Adam represents clients in residential real estate transactions from start to finish with the goal of making the process as smooth as possible. For sellers that begins with assistance in establishing a list price followed by marketing the property with a focus on internet advertising. For buyers representation begins with gaining access to potential properties with the understanding that buying the right home in the present market often requires quick access to new listings.
If you’re interested in selling or buying a home there are 3 reasons you should call me at (916) 800-1061. (1) my experience as an attorney gives me a competitive edge in negotiating transactions. (2) I understand how to market real estate on the internet. Over 90% of home buyers use the internet in their search to buy a home and I built Sacramento Law Group LLP and real estate practice through search engine marketing. (3) I charge a reasonable commission compared to other Sacramento real estate agents.”-by Adam Garcia
While I help buyers find homes for sale in Sacramento I primarily sell real estate. When a client hires me to sell their home I start by taking high-resolution photos of the property. After I have captured the best features of the property I create a slideshow to give buyers a positive first impression. After I have listed the home on the MLS, placed a for sale sign on the front yard and feature the listing on my website I hold an open house. Once offers come in I review them with my client. If counteroffers are required I begin negotiations with the ultimate goal of accepting the right offer and opening escrow.
3 Reasons To Call
There are many real estate agents in Sacramento, so I would like to tell you why you should choose me to sell your home.
Attorney and Real Estate Agent
I am one of the very few real estate agents in Sacramento with a license to practice real estate law. As an attorney I appreciate the legal complexities in residential real estate transactions, and would like to believe that my knowledge of real estate law helps clients avoid subsequent litigation. Many real estate agents have taken only 1 course in real estate law and understand only the general statutory principles. In contrast, I appreciate the nuances of seller liability such as common law and statutory disclosure obligations. While I do not represent homeowners as an attorney in real estate transactions, I believe that my knowledge of real estate law benefits my clients at no added cost.
I am not a discount real estate agent because I believe discount listings drive-away buyer agents, and by extension prospective buyers. However, I understand that clients deserve to benefit from the sale of their home to the greatest extent possible. Therefore, my commission for the sale of your home is negotiable.
Selling a home involves more than just listing it on the MLS. I am not a passive real estate agent who waits for buyers to submit an offer. According to a joint study by the National Association of Realtors® and Google over 90% of homebuyers use the internet at some point in the homebuying process. To market your property effectively I make targeted investments to boost your listing on popular property search websites in order to get your listing in front of more buyers.
What I Can Do For You
Any real estate agent will give you a listing presentation, but let me tell you what I can do for you. For the same commission or less than what other real estate agents charge I will list your home at fair market value, make targeted investments in internet advertising to get your listing in front of more buyers, utilize my knowledge of real estate and contract law in negotiating with the buyer’s agent, and advise you throughout the transaction. Unlike many real estate agents I appreciate the fiduciary obligations I owe my clients and will always represent your interests. So, if you would like to get started with the sale of your home, or if you just want to find out what your home is worth, call me directly at (916) 800-1061.