Susan Mogren

 BEST PRACTICES HERE

What is your plan if 

you find a home that you like 

ONLINE? 

#1  Do you have a letter of pre-approval to purchase in that price range? 

#2 You need a Buyers agent!

Put my name in your phone.

 #3 Drive by 

the property 

 confirm location, 

check out the neighborhood, 

look for RR tracks 

and neighbors running heavy equipment out of their site, 

and discreetly 

peak at the yard.  

If this location doesn't 

work for you

keep looking.

 
#4 If it passes the driveby test

Text/Call ASAP

and I will book access so we can see it together.
 

2024- For the past 10 years I have  used a buyer agent agreement to work together.      I find it avoids misunderstandings and insures transparency. It is now required PRIOR  to seeing a property together.  An agreement must be in place so that you understand what my fee is and how I get paid.  I have always done that. 

Prior to August 2024, MLS required that sellers list cooperative compensation for the buyer agent. MLS rules dictated that and it was not a choice. 

It was cooperative compensation, the buyer brings the money and the seller paid their buyer agent.  

Now it is unbundleed. The buyer agent has an agreement in place to be paid by the buyer,  AND the seller can elect to pay it or not.   

Sellers are being encouraged to look at the NET profit of each offer as it comes to them, we can discuss this. Terms matter. 

The media would have you believe this is new, it is not. What is new is... clarity how buyers agents will be paid, and it is not REQUIRED of sellers. 

The OPTIONS are: 

Sellers might pay

Buyers might pay 

or a combination of both. 

We will talk it through.  

Each house scenario will be different, and to be clear, I don't work for free. 

Since the seller always paid the buyer agent from the total amount of the cash that buyers brought to close, it APPEARED as if buyer agents worked for free. Buyers always paid for their agent, previously it was co mingled with the sellers proceeds, and they cooperated by paying the buyers agent. 

Clear as mud? We can talk..