Essential First-Time #Homebuyer Tips: Property Brothers

— Massachusetts Buyer’s Agents serving home buyers in Massachusetts. Buyer brokers real estate agents dedicated to homebuyers and first time homebuyers buying condominiums, townhomes, homes and real estate in Massachusetts cities and towns using buyer's brokers and buyers agents.

Lisa Johnson Mandell

In this exclusive interview, Drew and Jonathan Scott reveal some big news about “Brother Vs. Brother,” and their top tips for homebuyers.

HGTV megastars Drew and Jonathan Scott are busier than ever, with big plans in the works for their next season of “Brother Vs. Brother.” And if you’re wondering where they’re planning to film this competition where they each renovate homes to see who can fetch the best price, here’s a spoiler.

“We haven’t told anybody yet, but I can tell you,” Jonathan said during an exclusive interview with Realtor.com®. “You are literally the first person we’ve told, so shhhhh. It will be in L.A. So there are exciting things to come there.”

Although buying a home is always exciting, these reality TV stars also know the process can be stressful, particularly for first-timers. But they also think it doesn’t have to be overwhelming, provided you know where to look for help.

The post Exclusive: The Property Brothers Drop Big News—and Their Essential First-Time Homebuyer Tips appeared first on Real Estate News & Insights | realtor.com®.

Who Pays the Home Buyer's Agent?

Both seller's agent fees and buyer agent's fees are part of a typical real estate transaction and are included in the final negotiated purchase price of the property. There should be no additional fees to the buyer for a buyer's agent above and beyond the negotiated purchase price of a home unless specifically agreed in writing between the buyer and agent before an offer is made.

In most cases, the seller's agent pays the buyer's agent for bringing the buyer, negotiating the purchase price and terms, writing a legally correct offer, coordinating inspections, responses, and financing plus handling numerous additional details on the buyer's side of the transaction.

Buyers should avoid contacting seller's agents and sellers directly unless they are comfortable negotiating and representing themselves. That is why it is important for buyers to choose their agents BEFORE they begin looking at homes or as soon as possible if they have begun looking.

Did you know that fewer than one percent of the agents and brokers in Massachusetts have committed to being 100% loyal to their buyers 100% of the time?

To learn more about the pros and cons of various types of buyer agents, or to get a list of experienced local 100% loyal buyer's agents to interview without obligation, click the button below.