Hauseit Buyer Closing Credit Overview

Chris at Hauseit® (https://www.hauseit.com) provides an overview of Hauseit's Buyer Closing Credit service, and explains how home buyers can save up to 2% or more when they work with a Hauseit buyer's agent.

Learn more: https://www.hauseit.com/buyer-closing-credit/

Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014.
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Hauseit Buyer Closing Credit is a traditional buyer agent service where one of our real estate agents handles everything for you and guides you through the entire process from scheduling showings, discussing listing ideas, submitting and negotiating offers, helping you with purchase applications for condos and co-ops, referring you to any service providers you might need such as inspectors or lawyers, and generally being there as a guide for you till the end.

You don't have to pay us anything nor do we request exclusivity. In fact, our buyer's brokers pay you up to two percent or more from a split of their buyer's broker commission.

So how does it work? Well, in a traditional listing arrangement the seller typically agrees via their listing agreement to pay six percent in commission if their property sells. If the buyer has an agent the commission is typically split according to local MLS rules, often 50/50 between the seller's broker and the buyer's broker. If the buyer does not have an agent, the seller's agent will typically keep all six percent in commission. Since anywhere between 75 percent to 90 percent of all buyers are represented by buyer's agents the commission is usually shared between the buyer's broker and the seller's broker.

With a traditional buyer's broker, even though the service is "free," the buyer's agent typically does not share anything with the buyer. In contrast, with Hauseit our buyer's brokers share two-thirds of the buyer broker commission that they earn with you at closing in the form of a check post-closing or as a credit against your closing costs.

So in the case of a typical six percent commission where our split is half, or three percent, our buyer's brokers would share two-thirds of that or two percent with you post-closing. Keep in mind that new construction buildings often offer more than three percent in commission to attract buyers' brokers.

For example, it's not uncommon to see four, five, six, or even seven percent in new construction projects in New York or Florida. So therefore, two-thirds of that means you can earn significantly more than just two percent back with Hauseit.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: team@hauseit.com
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