Yes, you can write your own contract. However, including all necessary elements is crucial to make it legally binding.
REALTORS® are negotiation experts. If you buy a home without an agent, you'll have to negotiate and decide how much to offer on your own. This may cause you to unknowingly overpay for your home – or lose out on one you want.
State law prohibits Broker from representing Buyer as a client without first entering into a written agreement with Buyer under O.C.G.A. § 10-6A-1 et.
While buying or selling a home in Atlanta without a realtor is possible, the benefits they give you - from expert market advice to negotiation skills and legal protections - make a strong case for why looking for their help might be a smarter move!
Yes. It is now a Georgia law that requires a buyer to have a written contract with a buyer's agent. If not, you are considered a customer and not a client. This is all part of the big effort for agency disclosure.
The Brokerage then pays out to both the realtor and the buyer's realtor. In that case, if there is no buyer's realtor, the entire commission goes to the seller's agent. Generally speaking, the seller's agent ends up doing a lot of work for the unrepresented buyer.
If you buy a home without an agent, you'll have to negotiate and decide how much to offer on your own. This may cause you to unknowingly overpay for your home – or lose out on one you want.
REALTORS® are negotiation experts. If you buy a home without an agent, you'll have to negotiate and decide how much to offer on your own. This may cause you to unknowingly overpay for your home – or lose out on one you want.