FOXmls.com: Sep 23, 2009

French Drains: When You Need Them

Published: September 23, 2009

If you have a soggy yard or a wet basement, the solution may be an exterior or interior French drain, a channel that collects water and diverts it safely away.

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When a property is listed for sale with a real estate agent ("Listing Agent"), the Listing Agent historically offers a 3.0% commission to the real estate agent ("Buyer's Agent") who procures the buyer.

In this case, FOXmls.com acts as a Buyer's Agent to assist the buyer in the purchase of a home. As a Buyer's Agent, FOXmls.com will receive a commission from the Listing Agent. FOXmls.com will share ("Refund") any commission received over 1.5% with our client, the buyer. Our Refund is subject to lender approval, and there may be restrictions with VA or FHA loans. Your Refund cannot be used as part of your down payment or to meet the capital reserve requirements of your loan program.

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SELLER
PAYS 6%
COMMISSION

Commissions

are split...

3% TO
LISTING
AGENT

3% TO
BUYER
AGENT

Any commission over
1.5% is shared with
you, the Buyer.

1.5% TO YOU
HOME BUYER

1.5% TO US
BUYER AGENT

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