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Cute Country Cottage!

$124,900

Photo of 231 E. Alder St., Alsea, OR, 97324.

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Address: 231 E. Alder St.	City/ST: Alsea, OR	Zip Code: 97324
Location: Alsea, OR	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 988	Bedrooms: 3	Bathrooms: 2
MLS# 625719	Property Tax: 656

Three bedroom, two bath home recently remodeled to Energy Star standards. New plumbing and electric. New roof and cedar siding as well as new porch and front landscape.

Last Updated: 5/7/2010 12:32:47 PM

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Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Q	What is considered one of the key elements of the American dream?
A	Home ownership is considered to a key to the American dream; more than 2 million first-time buyers bought property last year.
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Gary Irwin, REALTOR�, real estate agent and broker for Corvallis, Philomath and Albany, Oregon home listings, property and land for sale - NUMBER1EXPERT

Gary Irwin
Investment Realty
504 NW 3rd St
Corvallis, OR 97330
541-231-9616
Fax: 541-752-8330
garyirwin@NUMBER1EXPERT.com

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