How to find out if your agent is getting a bonus incentive episode artwork

EPISODE · Feb 10, 2023 · 25 MIN

How to find out if your agent is getting a bonus incentive

from Real Estate Called Out · host Wendy, Founder of Selling Later

Our original co-host, Lindy Chapman, joins us for the next few episodes to discuss all things agents, commissions and transparency!For this episode, we breakdown the many buyer agent incentives that are, at times, not visible to buyers.   Whether it's an increase in commission based on sales price, a bonus to a builder for having three clients build, or even $5,000 from Opendoor for having clients hand over their homes.  Learn how to spot these incentives and how you can make them work to your advantage.0:58: Examples of agent commission incentives in private remarks2:44: How do you know if your agent is getting an extra incentive3:40: Why a seller would offer an incentive and the impacts on a buyer4:20: What is a "private remark" and buyer compensation now publicly viewed6:00: New construction incentives and how to make them work for a buyer6:30: Inspections and new builds8:50: What to know if using an agent when building9:30:  When you could negotiate a buyer rebate11:10: Understanding agent commissions and potential "fee for service" model16:56: The need for less agents and more education18:52: Incentives that Opendoor offers to agents and their current troubles21:56: How to protect yourself as a buyer from bonus incentives23:20: Commissions and how Zillow and Realtor.com get a piece24:26: The bait and switch on best agent platformsGot a question?Support the showState laws and regulations may vary.Have a story you would like to share with other sellers or buyers?Hit us up here.

Our original co-host, Lindy Chapman, joins us for the next few episodes to discuss all things agents, commissions and transparency! For this episode, we breakdown the many buyer agent incentives that are, at times, not visible to buyers. Whether it's an increase in commission based on sales price, a bonus to a builder for having three clients build, or even $5,000 from Opendoor for having clients hand over their homes. Learn how to spot these incentives and how you can make th...

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How long is this episode of Real Estate Called Out?

This episode is 25 minutes long.

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This episode was published on February 10, 2023.

What is this episode about?

Our original co-host, Lindy Chapman, joins us for the next few episodes to discuss all things agents, commissions and transparency!For this episode, we breakdown the many buyer agent incentives that are, at times, not visible to buyers.   Whether...

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