Three Myths about Real Estate Agents and Markham Homes for Sale

When people are looking for Markham homes for sale they commonly ask how they can find the right agent for the job. The second most asked question regards the agent’s pay. The soon to be homeowners wonder whether it is not more expensive to hire an agent than to look for a house themselves. True, the agent’s expenses are on them; they often have no salary. However, that only means a small percentage off your pocket which dims compared to how much you have to spend on transport, food, research and time if you do the job on your own. Three other myths that buyers and sellers have of real estate agents include: 

 

The agent takes all the commission

 

The typical commission is 10%, right? Wrong. Different companies determine commission based on factors such as the type and price of the property making every market different. What is more, the commission paid to the employing company does not all go to the agent; the company takes its portion. 

 

The agent’s transport is reimbursed

 

Many people looking for Markham homes for sale assume that the agent can go wherever they please because they do not have to worry about transportation. Consequently, the act entitled around them. While every agent will be looking to give you services to your satisfaction, check that you do not have them pay unnecessary trips to properties you have no intention of getting. 

 

Homes pass or fail inspections

 

Many people looking for Markham homes for sale assume that an inspection will qualify or disqualify a home since it either passes or fails. This is simply untrue. Inspectors check the condition of the home. They provide reports that detail the systems in the house such as the roof or the electric system.  

 

The real estate industry is nuanced. Buying a home once does not make you an expert. As such when dealing with an agent or home, be receptive to the agent’s recommendations. Remember that they are the experts.