12 Things Real Estate Agents Would Hate You to Know
6) Read the Contract for Hidden Fees
Before you sign a contract with a real estate agent, read it over very carefully. Double-check that the commission is what you agreed upon and that all your terms are there. Also, be sure to check for hidden fees. Some real estate agents will add these extra fees. These could range from anywhere from $250 to $1,500. These fees are used to cover the administrative costs that go along with selling a house. Like a commission rate, this fee is negotiable, so be sure to haggle with your agent to get the fee down to an amount that you find reasonable. Carefully reading over your agent’s contract will help you understand what you’re getting into by signing with them. It will also help you get a better idea of what your agent will do for you and the fees they will charge in return.