Understand the Details of the Offer to Purchase received from the Buyer

Congratulations!!! You have an offer!   Offer details: Offer price: what the buyer wants to pay for your property How to respond: Send us an email that we can forward to the buyer’s agent as your response.  Your contact information will not be included when we send it over to the buyer’s agent. When accepting an offer: Thank the buyer …

How do Realtors get paid?

Are Realtors employees or independent contractors? Most Realtors are independent contractors. Some Realtors are salaried employees depending on their duties within a firm. Generally a listing agent or buyer’s agent is an independent contractor. Who pays the Realtor? Realtor compensation usually comes out of the seller’s proceeds of the property sale at closing and is paid to the representing firm. …