In most cases, the answer is “NO COST”! There is NO commission payable by the buyer in almost all cases! Commission is negotiated at the time of the listing between the Seller, and the Listing agent. When the listing agent places their listing in the MLS, they automatically offer a portion to the agent who brings the buyer. Whether a buyer uses the listing agent, or uses their own agent in the transaction, the Seller still pays the same commission according to the listing contract. For this reason, it absolutely makes sense to build a relationship with a real estate agent to use as a buyer’s agent, and view properties with that agent.
First and foremost, the buyer’s agent will represent their buyer’s interests, and not the seller’s interest. The buyer’s agent will learn the likes and dislikes of their client, and will be able to target properties that he/she knows will be a good match. If a buyer only calls listings agents by calling on ads, or calling from a signs they have seen in a yard, and the buyer basis their home search in this manner, the buyer will not have an agent that really understands what they are looking for, and who knows the likes and dislikes. This can be a real time-waster, and cause the buyer frustration.
If you are planning to buy a home, please call me so we can discuss your needs further. I’m in the business of exceeding my clients expectations and look forward to talking with you!