Things That Real Estate Agency Dont Disclose To Clients

Real Estate agencies are the ones who help you buy and sell your house. The problem is that, they do not tell clients everything about the process. They just show them different houses, then ask them to sign a contract with them without telling them what all fees they charge for.

They dont disclose to clients that they are getting a buyer agent fee

The buyer agent fee is money that the real estate agent gets paid by the seller. It’s basically compensation for their labor and time. The amount depends on the size of your home and its features, but in most cases, it’s about 2% of a property’s selling price. For example, if you sell your house for $500,000 then your buyer’s agent will receive $10,000. This might seem like a lot of cash but remember that this fee also covers all of their services: from advising you on how to get more money from your home; to negotiating with potential buyers; to showing it to prospective buyers; as well as taking care of all paperwork required during this process (like registering at city hall).

They dont disclose to clients that they are getting a commission from the company

Real Estate Agency Ferntree Gully don’t tell you that they get paid a commission from the company. The buyer and seller are paying them. Real estate agents are getting paid by both sides of the deal, so they have no reason to disclose this information to clients.

Things That Real Estate Agency Dont Disclose To Clients

They dont disclose to client how much they charge for the house

The real estate agent does not disclose to you how much they charge for the house. The clients are generally supposed to know this information, but it is not provided by them in any way. This is because they want to make sure that their commission will go up and keep them motivated at work.

In fact, they don’t even tell you how much they are charging for their services or the agency fee (which will be added on top of the price of the house). It is important that you ask these questions before signing any agreement with a real estate agent so that there won’t be any surprises later on when it comes to paying fees or commissions

They dont disclose to client the reason behind different prices

The real estate agent also has to disclose the reason behind different prices. This can be any of the following:

  • Location
  • Size, amenities and condition of the house.
  • Price of similar houses in other areas (comparables)

Real Estate agencies do not tell u everything

Real Estate Agency Ferntree Gully is a business. They are not your friend. Real estate agents will do anything to make money, even if it means hiding information from you or lying to you.

They have no problem lying to you about everything from the condition of a property and what needs fixing, to where someone else has bid on your house in case that upsets your spirit and causes you not to sign their contract!

Real Estate agents will tell anything just so they can close the deal and get their commission.

Conclusion

The above are some of the things that real estate agency dont disclose to clients. I hope this article has been helpful and informative for you. Please share with others if you think they would benefit from knowing these facts. Thank You!