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Frequently asked questions about Exclusive Buyer's Agency
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Q: What is an Exclusive
Buyer's Agent?
A: An Exclusive Buyer's Agent is an agent that takes no
listings and never represents sellers in real estate transactions.
Furthermore, he/she works for a firm that never takes listings or
represents sellers. The agent and firm strictly represent the best
interests of real estate purchasers.
Mexico For Sale By Owner
offers inexpensive advertising to persons wishing to sell their home
"By Owner" however we do not represent the seller in any of these
advertised listings. This service is to provide a broader selection of
properties to our buyer clients.
Q: Why would an agent and/or agency choose to give up the listing
side of the business?
A: In order to provide a higher level of service to a
client without the conflict of interests that inevitably occurs when a
firm represents both buyers and seller.
Q: How does your firm get paid?
A: Typically there are no additional costs associated
with working with Mexico
For Sale By Owner compared to any other
real estate firm. All listed property (which makes up the vast majority
of our local inventory) already has the agents commissions built into
the price. These commissions are split between the listing firm and
selling firm at closing. New construction projects already also have a
built in buyer’s referral fee and our "for-sale-by-owner"
advertised listings are already aware of a buyer’s referral fee should
one of our clients purchase their property. Sometimes though, when we
help our buyers purchase "for-sale-by-owner" properties that we
don’t have listed we may have to look to our buyers for our fee. In
these cases our buyers are fully aware of the costs prior to making any
written offer.
Q: Will you save me money on my transaction costs?
A: Absolutely.
Q: How will you save me money on my transaction costs?
A: We save our clients money in several different ways:
· By negotiating a lower sales price
· By negotiating repairs pursuant to
property inspections
· By negotiating personal property
into the sales price
· By helping our clients find the
lowest mortgage costs
· By obtaining home warranties and
other extras within the final sales price
· Any way other we can!
Q: Will I have to sign a contract with you to hire you as my agent?
A: In Mexico there are currently no laws stating that
it is necessary to sign a contact to hire us as your buyer’s agent.
However, we do have an agreement document that spells our responsibility
to you and how we are compensated so that there are no
misunderstandings.
Q: What areas do you serve?
A: Currently we work in the North Bay of Bandaras,
Nayarit, Mexico (North Puerto Vallarta)
Q: What types of properties and transactions do you handle?
A: Residential, new
construction, condominiums, commercial, land and acreage, investments,
and multi-family.
Q: How do I get the process started with your firm?
A: The first step is to set up a consultation with one
of our professionals. Our office can be contacted at:
Phone:
Toll Free from the United States and Canada:
877-891-6609
Bucerias office: 298-0806
National: 01-329-298-0806
Cell: Sue Gavin (045Local – 044National) 322-109-9443
Email:
buying@mexicoforsalebyowner.com
Office Address: 25A Hidalgo
Bucerias, Nayarit
Mexico 63732
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