Mendez-Parra & Associates Serving Reno, Sparks, Fernley and Surrounding Areas...

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Sell Your Home For Less!

Real estate transactions are subject to
federal, state and local guidelines that are
constantly changing. What's the first thing
most real estate agents do when they
decide to move their own homes to a new
area? They sign up with a buyer's agent
who knows the area, and the state and
local guidelines. The benefits of an
exclusive buyer's agent far outweigh the
risks of purchasing property without
proper representation.

This also goes for selling your home. Limit
your RISK!

What's the old saying? Would you operate
on your self?

LEAVE IT TO THE PROFESSIONAL!

Commissions are not set by law. All commissions are negotiable. Any
comparisons to a commission percent, such as 7%, are for illustration and
comparison purposes only. The information herein is deemed to be accurate,
but not guaranteed. All information to be verified. Any reference to
"discount" is only for illustration and pertains to no individual and/or
company.

Why is a buyer's agent different
from other real estate agents?

A buyer's agent represents your interests-not the seller's,
not the bank's. A buyer's agent is legally bound to serve
you with loyalty, obedience, disclosure, confidentiality,
reasonable care and diligence. A buyer's agent helps you
buy your house or property at the lowest price and for the
best terms.

Comparison of Exclusive Buyer
Agents
Exclusive Buyer's Agent
Is Licensed by the State * *
Keeps Your Private Information Private *
Works for You, the Buyer, and Only You *
Always Puts Your Interests ahead of the Seller's *
Is Motivated to Show You ALL the Houses on the Market *

How do seller's agents feel about working
with an exclusive buyer's agent?

They like it. Any top producing seller's agent likes the
professionalism and efficiency of an exclusive buyer's
agent. The buyer's agent takes responsibility for the buyer,
which lessens the responsibility (and liability) of the
seller's agent and the seller.

How does a buyer's agent get paid?

The fee that a buyer's agent receives is negotiated between
the buyer and the agent and is described in a written
contract. You can arrange to pay an hourly fee, a flat fee or
a percentage of purchase price. The fee is paid at closing.
If the property doesn't close, you don't pay the fee.

If the property is listed with a seller's agent, the buyer's
agent should request and receive the "co-broke" fee that's
offered to agents who cooperate in the sale. This co-broke
fee is set between the seller's agent and the buyer's agent.
If the co-broke fee is higher than the fee in your contract,
you'll pay less (you may even receive money back); if it's
lower, you'll owe only the difference. If the property is
being sold by its owner (without an agent) and you're
financing with a mortgage, then the entire fee for the
buyer's agent can be added to the selling price and paid at
closing.

Do I still owe a fee to a buyer's agent if I
buy property direct from the owner?

Not Likely!
We will do our best to negotiate our commission from the
owner! Statistics show 90% of For Sale by Owners Co-op
with Realtors.

Won't I get a better deal working directly
with a seller's agent?

If you think that the seller's agent will be more motivated
because they'll receive the whole commission fee, think
again. The fee for the seller's agency is typically based
upon a percentage of purchase price. Their legal duty is to
get the highest price and best terms for their client, the
seller, and their fee is directly related to that price. The
higher the selling price, the higher their fee! That's strong
motivation for helping the seller. A good seller's agent
prefers working with buyers who are being represented by
their own broker because the buyer's broker is legally
responsible for the actions of their client. That means less
liability for the seller and the seller's agent.

How do I hire my own agent?

There is only one way to hire your own buyer's agent and
that is in writing. You must interview an agent, and
discuss the scope of services, fees, and length of service.
The results of your discussion are put into writing, and
signed by you and the agency. No written contract? Then
you haven't hired an agent. Don't make the mistake that
thousands of buyers have made by thinking that an
agency is working for you, when it's really working for the
seller.

Isn't it a conflict of interest if a buyer's agent is paid from a
percentage of purchase price while at the same time the
agent is supposed to get the lowest price and best terms for
a property?

An exclusive buyer's agent has a fiduciary
duty to advance your interests before his or
her own.

Click on our Sellers Pay Less Button
and See the GREAT Options that we
offer our clients!

Looking for a team that works in the
current market with communication
as a key?

You have found us!

Please consider us for
your Real Estate Needs.
We will put in a Full Time Effort whether your buying or
selling a home. You will be kept informed @ all times. We are
here for you 24 hours a day 7 days a week. Have a comment,
question, or concern just call. We never become to busy for
our clients. Our goal is not only to be sure you are 100%
happy with what may be one of the biggest decisions of your
life, but to build a long term trust with you so that anytime
you, your family or friends have any real estate needs, we are
considered for the privilege of serving that need. In addition
to being trustful & dedicated we are precise. We Always
double check everything we do to ensure all transactions are
as simple as possible. So rest assured that you will be placing
your real estate needs in good hands. In todays society
knowing you have a knowledgeable & devoted team working
for you is priceless. To show our appreciation not only do we
make sure you have 2 full time agents, we will also pay for
your Home Warranty when buying or selling with us! (If not
offered.) Thank You Mendez-Parra Team Lori Mendez (775)
378-4961 Randi Mendez-Parra Direct (775) 378-4961 Direct
(775) 379-8344
Email: randi@mpteamsells.com or lori@mpteamsells.com