Asked by Anonymous
I am looking to engage an agent as a homebuyer. I am willing to pay a fee/commission in return for the agent researching and recommending properties to me, setting up visits, and representing my interest as opposed to the seller.
Up to now, I have been working with the listing agents however it is frustrating when they can only recommend the properties they have access to, which I find limited. I am looking for a landed property on with very specific features and design. I want an agent to research all the projects in KL that might fit my specific criteria and not just recommend what they are familiar with, or have access to. So I would in fact paying for their time doing the research more than anything.
My questions are:
1) How do I select such an agent? I'm not exactly looking for an area specialist because right now I want to keep my options open and not focus on one specific area just yet.
2) How should I pay such an agent? Fixed fee, minimum fee and/or commission? If it's a commission, will this be taken from the 3% of the listing/seller's agent(i.e. do they share?), or will I have to pay a separate commission to my buyer's agent?
Thank you,
Up to now, I have been working with the listing agents however it is frustrating when they can only recommend the properties they have access to, which I find limited. I am looking for a landed property on with very specific features and design. I want an agent to research all the projects in KL that might fit my specific criteria and not just recommend what they are familiar with, or have access to. So I would in fact paying for their time doing the research more than anything.
My questions are:
1) How do I select such an agent? I'm not exactly looking for an area specialist because right now I want to keep my options open and not focus on one specific area just yet.
2) How should I pay such an agent? Fixed fee, minimum fee and/or commission? If it's a commission, will this be taken from the 3% of the listing/seller's agent(i.e. do they share?), or will I have to pay a separate commission to my buyer's agent?
Thank you,
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