• When considering buying a new property, do you take into account how much you will be paying your representative?? 
• Have you even thought about it before?? 
• Do you even wonder how Buyers Agents get paid??

I negotiate up front the fees for representing you when you are purchasing a new property.  This means we come to an agreement before we ever begin our search for homes or land you could be interested in.

By settling on the amount you pay up front you can save thousands of dollars on your next purchase.  Please read on to find out more.

When a real estate agent represents a buyer in a transaction, the buyers broker (agent) is compensated in most cases by the sellers broker.  When a property is listed in the local MLS listing brokers (agents) offer cooperative compensation.  Usually in the form of a percentage of the final sales price.

For example in a real estate transaction of a single family home for an agreed upon price of $200,000, a buyers broker (agent) might be offered 3% of the final sales price as compensation for procuring the buyer that buys the home.  The buyers broker would be paid $6,000 for representing the buyer in a successful transaction.

Now many brokers and agents that represent buyers sort of imply to their clients is that the seller pays them for the service... meaning the buyer doesn't.  I disagree with that notion personally.  It is true that escrow instructions from the listing broker instruct the escrow company to disburse funds in the amount of $6,000 to the buyers broker (using my example above), however it can be argued that without the buyer agreeing to pay an amount for the property... nobody gets paid.  Therefore the buyer is actually paying all the fees for representation of both buying and selling parties.

This is why I offer my services to represent a buying client for a flat fee sum of $4,000 total.  I do this up front with my clients so that they know that I have their best interest in mind when it comes to the price of the property and that I'm not interested in any percentages that I might be getting compensation for.

Now look at my example again.  You've agreed to purchase a property for $200,000.  The listing broker will instruct the escrow officer to pay my brokerage $6,000.  But we have already agreed that I will be fairly compensated the amount of $4,000.  There is a difference of $2,000 in the transaction.  This $2,000 can be rebated to you at the close of escrow, or your lender could allow you to use that money towards the down payment, perhaps allow you to buy down interest rates, or simply pay non-reoccurring closing costs in the transaction.

Bottom line, I only receive the compensation amount we agree to up front.  Any excess funds over that agreed to amount will be yours to do whatever you wish to do with at the closing table.  After all, it is your money we are talking about in the first place.  Right??

To find out more information on this exciting plan please contact me before you agree to work with another agent.

Please note:  All compensation will be disclosed up front between Todd Tarson and the client before any contract to purchase property is produced.  Any monies exceeding the agreed to flat fee must only be returned to the buyer within the transaction at the close of escrow and not after.  By law, a real estate agent cannot rebate a client out of his own pocket after the transaction.  Be aware that some lenders may not allow this form of transaction and that all financial facts of a transaction must be disclosed to the lender before the close of escrow.  Todd Tarson requires the client to authorize an agreement with the agent to be eligible for this program.  Contact the agent for more details.