Table of Contents
Can buyers agent talk to seller?
Can buyers contact a listing agent directly? Technically—yes. The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers. But there is no law or rule saying a buyer cannot contact a listing agent.
Do sellers go to closing?
No, a seller does not have to be present at closing. Every state allows power of attorney to handle a home closing. You do, however, need to prepare some things to make sure closing goes smoothly. Cashier’s checks for closing costs and repair credits if you’ve agreed to cover a portion of the buyer’s closing costs.
Do sellers go to final walk through?
Typically, the final walk-through is attended by the buyer and the buyer’s agent, without the seller or seller’s agent.
What costs are sellers responsible for?
Seller costs. One of the larger closing costs for sellers at settlement is the commission for the real estate agents involved in the real estate transaction.
What is a lockbox when buying a house?
It’s a small combination box that has the home’s keys inside. The box hangs outside the property with a security lock. That allows buyers’ agents to enter the home with their client or their agent is not there. Lockboxes can create anxiety for home sellers. No one wants to have strangers entering their home at whim.
Does my realtor take care of my lockboxes?
In most cases, your realtor will take care of all issues surrounding lockboxes, including their purchase/rental. Lockboxes vary in costs depending on what type of device it is. A Bluetooth box can cost more than $200 depending on the make and model of the device.
What happens if there is no lockbox in the listing office?
If there is not a lockbox, the buyer’s agent must go to the listing office to pick up the keys. It also provides the seller the advantage of moving or being at a different location during the sales process.
What type of lockbox will my agent use?
Which lockbox your agent will use depends on the agency they work with. A basic lockbox will have either a spin-dial combination lock or a push button lock. The display or buttons can be numbers or letters.