Comments on: 10 Tips for Buying a House in Any Market Condition http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: leslie http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/#comment-189499 leslie Sun, 01 Mar 2009 23:35:27 +0000 http://www.consumerismcommentary.com/?p=3815#comment-189499 Before i bought my house, i went to zillow.com they had all they info on the neighborhood, and how much the house should cost. Before i bought my house, i went to zillow.com they had all they info on the neighborhood, and how much the house should cost.

]]> By: Richard http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/#comment-184920 Richard Sun, 26 Oct 2008 05:43:44 +0000 http://www.consumerismcommentary.com/?p=3815#comment-184920 Gee...I haven't heard all that before. Gee…I haven’t heard all that before.

]]> By: msoori http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/#comment-184759 msoori Fri, 17 Oct 2008 15:43:30 +0000 http://www.consumerismcommentary.com/?p=3815#comment-184759 Meant to say "An agent shouldn't care much about you negotiating" Its certainly a buyers market and its now the time to negotiate. Meant to say “An agent shouldn’t care much about you negotiating” Its certainly a buyers market and its now the time to negotiate.

]]> By: msoori http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/#comment-184758 msoori Fri, 17 Oct 2008 15:34:38 +0000 http://www.consumerismcommentary.com/?p=3815#comment-184758 All good points. I would also add the following. Check out Google or Yahoo maps to research the area before actually visiting, so you can have a good idea about the area, saving you and your agent time. You might not want to buy a home in a heavily industrialized area. An agent should care much about you negotiating as it doesn't really affect the bottom line that much. Agent doesn't necessarily get a 3% commission. Its usually much less because the agent has to split that commission with his brokerage company, anywhere from 50%-100% with 60-40 more common. Agent representing Buyer and Seller is called Dual Agency and is not very common, as it poses many conflict of interest issues. If that happens both the buyer and the seller must agree to it. Checkout this article for details http://xmplary.blogspot.com/2008/06/who-are-you-client-or-customer.html All good points. I would also add the following.

Check out Google or Yahoo maps to research the area before actually visiting, so you can have a good idea about the area, saving you and your agent time. You might not want to buy a home in a heavily industrialized area.

An agent should care much about you negotiating as it doesn’t really affect the bottom line that much. Agent doesn’t necessarily get a 3% commission. Its usually much less because the agent has to split that commission with his brokerage company, anywhere from 50%-100% with 60-40 more common.

Agent representing Buyer and Seller is called Dual Agency and is not very common, as it poses many conflict of interest issues. If that happens both the buyer and the seller must agree to it. Checkout this article for details http://xmplary.blogspot.com/2008/06/who-are-you-client-or-customer.html

]]> By: Ron http://www.consumerismcommentary.com/2008/10/17/10-tips-for-buying-a-house-in-any-market-condition/#comment-184754 Ron Fri, 17 Oct 2008 13:24:38 +0000 http://www.consumerismcommentary.com/?p=3815#comment-184754 One thing I would add, and it's very difficult to do, but try to take emotion out of the buying process and especially the negotiation process. Emotions can cause you to pay too much and make a decision that you'll later regret. One thing I would add, and it’s very difficult to do, but try to take emotion out of the buying process and especially the negotiation process. Emotions can cause you to pay too much and make a decision that you’ll later regret.

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